Stories for October 27th 2007
FIFA recommend Brazil's bid to host 2014 World Cup
Brazil is the only country in the running to host the 2014 World Football Cup competition, which is set to be staged in South America due to Fifa's rotation system. Inspectors have sent a report to the Fifa executive committee indicating their approval, and a decision will be announced next Tuesday.
Mercosur trapped by its own contentious shortcomings
Mercosur Foreign Affairs and Economy ministers met Friday in Montevideo to address asymmetries and non tariff restrictions inside the block, an ongoing issue which has become a source of growing contention between full members, Argentina, Brazil, Paraguay and Uruguay.
US dollar plummets and soaring oil keeps breaking records
The US dollar tumbled to yet another new low against the Euro and oil prices rose to a record 92 US dollars per barrel on fears over supplies for the northern hemisphere winter months ahead.
