United Nations Secretary General Ban Ki-moon today called for “revolutionary action” to achieve sustainable development, warning that the past century’s heedless consumption of resources is “a global suicide pact” with time running out to ensure an economic model for survival.
The euro is not going through a crisis, although in some countries if the EU there are problems which must be solved, said the President of the European Central Bank Jean Claude Trichet. “There is no euro crisis. That is absolutely clear,” he added.
Chile’s Planning Minister Felipe Kast and Housing Minister Magdalena Matte met yesterday at Cerro Navia to announce the results of Chile’s Post Earthquake Survey (EPT). The survey’s aim was to measure the social impact of the February. 27, 2010, 8.8-magnitude earthquake on poverty, property, and psychological well-being in Chile.
Billionaire financier George Soros warned on Wednesday that Europe could potentially fall apart because of the two-speed Europe of haves and have-nots that is being perpetuated by the reform of the embattled euro.
Brazil’s booming economy registered record low unemployment in 2010 as a strengthening economy created jobs. The rate fell to a record low in 2010, as the country’s economy records the fastest growth since 1985.
General Motors said on Thursday that it was withdrawing its application to borrow $14.4 billion from a pool of federal money intended to help automakers build more fuel efficient vehicles.
European leaders and business people met on Thursday at the World Economic Forum in Davos, Switzerland. President Sarkozy said both he and German Chancellor Angela Merkel were firm in their commitment to the European single currency.
Grains exporters called on the Argentine government on Thursday to help end a pay strike before it disrupts shipments from one of the world's biggest food suppliers.
The number of newly signed sale contracts on existing United States homes registered another increase in December, beating analysts' expectations.
The US president has been focusing on jobs and the economy as he addressed the public in his annual State of the Union speech.