- Canada’s August unemployment rate remained unchanged from the previous month at 6 percent, a drop of 0.4 percent from August 2006. Employment continued to rise in the construction area and among older workers and students.
- Brazil’s Q2 GDP rose 0.8 percent on Q1 and increased 5.4 percent on an annual basis. The economy was boosted by a 1.3-percent contribution from the industry sector.
- Guatemala’s presidential elections in early September resulted in a runoff between businessman Alvaro Colom and conservative ex-general Otto Perez. Colom, running for president for the third time, has vowed to minimize the extreme poverty in many parts of Guatemala. Perez’s platform focused on cracking down on crime. The runoff is set for Nov. 4.
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