Latin America 'unfortunately' has a very low participation in world trade which is a major challenge for the region, according to Gonzalo Rodriguez, member of Mercosur technical staff, who was one of several speakers at the preamble of Unasur summit.
The European Central Bank (ECB) has stepped up plans for more stimulus measures aimed at revitalizing the Euro-zone economy, bank president Mario Draghi said on Thursday. His comments came after the ECB held interest rates at 0.05%.
Britain plans to introduce a tax to target multinationals such as Google and Amazon accused of using complex accounting schemes to cut their payments on earnings in the country.
Chile's first Mayors Climate Change Forum, a local government-led initiative focused on cities, local territories and climate change took place in late November with the support of the British Embassy in Santiago.
A new memorial to the Korean War, a conflict often dubbed ‘the forgotten war’ was unveiled on Wednesday at a ceremony in central London.The Korean War Memorial, a gift from the Republic of Korea to honor the British troops that served between 1950 and 1953, is in the form of a bronze statue of a British soldier by sculptor Philip Jackson.
A commemorative service at the naval church of St Martin-in-the-Fields, near Trafalgar Square, in London and a reception has been organized by the Falkland Islands Association to commemorate the Battle of Coronel (Nov. 1, 1914) and Battle of the Falklands (Dec. 8, 1914).
The Russian ruble suffered on Tuesday its biggest one-day decline since 1998 as oil prices continued to fall on Monday, escalating fears about the Russian economy. The currency slid almost 9% against the dollar before rallying after suspected central bank intervention.
The Falkland Islands are preparing to celebrate in 2015 is the two hundred and fiftieth year since Britain took possession of the Islands, when on January 23, 1765 Commodore John Byron raised the Union flag at Port Egmont on Saunders Island.
Canada openly supported Falkland Islands' people right to self determination, backed Canadian companies working in the Islands and confirmed ongoing political and trade assurances. The message was clearly conveyed to a high level Falklands' government and private sector during their recent visit to Canadian capital Ottawa and tour of several provinces.
China's factory activity slowed by more than expected in November, highlighting how a cooling economy is impacting its vast manufacturing sector. The official purchasing managers' index (PMI) dipped to 50.3 in November from October's 50.8, closer to the 50 point mark that separates growth from contraction. It was below the 50.6 level expected by economists.