Stories for May 31st 2012
An Indian school boy from Calcutta and currently in Germany, Shouryya Ray, has shocked everyone by solving a 350-year-old mathematical problem which was set by one of the greatest scientists and mathematicians, Sir Isaac Newton.
Self-determination is the only solution that will lead to a permanent, peaceful solution to the Falklands’ sovereignty dispute with Argentina said Falkland Islands lawmaker Roger Edwards addressing a regional seminar of the UN Decolonization Committee in Ecuador.
OAS Secretary General Jose Miguel Insulza said he expects a consensus is reached on the Falklands/Malvinas issue next week when the Organization of American States general assembly, following the lack of agreement at the last Summit of the Americas in Colombia.
Defence Minister Celso Amorim said on Wednesday Brazil’s growing need to protect its borders, the Amazon rainforest, and massive offshore oil discoveries would lead it to gradually increase defence spending by a quarter to reach roughly 2% of the country’s GDP.
President Cristina Fernandez will be attending next June 14 the UN Decolonization meeting in New York where she is expected to make a strong case for Argentina’s claim over the disputed Falklands/Malvinas Islands.
Extreme policies to tackle the crisis in the Euro zone could produce extreme reactions, the outgoing Director-General of the International Labour Organization (ILO), Juan Somavia, told the delegates to the 101st International Labour Conference (ilo.org/ilc) that opened in Geneva on Wednesday 30 May.
Brazil's central bank cut interest rates on Wednesday for the seventh straight time to a record low 8.50%, moving into uncharted territory in a bid to shield a fragile recovery from a gloomy global outlook.
In spite of the barrage of statements is support of currency exchange controls (or clamped dollar) implemented by the Argentine government, the Supreme Court chief justice admitted that it could soon have to deal with complaints.
Argentine Ambassador to US Jorge Argüello stated on Wednesday that the best way to reach a more balanced trade with the US is increasing Argentine exports to that country and clarified that Argentina has no plans to buy less, but rather selling more goods.
Ecuadorean Minister of Foreign Affairs Ricardo Patiño called on Wednesday for an end to the remains of colonialism and specifically mentioned the Falklands/Malvinas, Puerto Rico and the US Guantanamo base in Cuba.