During Brazil's two decades of military dictatorship, it would have been unthinkable that a female former revolutionary would lead the country in the 21st century. That transition, from autocracy to democracy, might offer some lessons for rebels across the Arab world, Brazil’s longest serving foreign minister told a forum organised by the Al Jazeera Centre for Studies in Doha, Qatar.
Inflation and production diversification must be the top priorities of emerging economies such as Argentina warned Nobel Prize Joseph Stiglitz during an IMF sponsored forum on “Macro and growth policies at the wake of the crisis” which took place in Washington and convened top line economists and decision makers.
Walt Disney’s theme park in Shanghai will be built in a 7 square-kilometre area that the city has designated as a tourist destination, according to a draft blueprint of the project.
China’s scramble to secure long-term uranium supplies to support the rapid expansion of its nuclear power industry has led the state-owned CGNPC Uranium to make a 1.23 billion US dollars takeover bid for London-listed Kalahari Minerals.
Mexico’s Carlos Slim remains the world’s richest person for a second year with estimated assets of 74 billion US dollars, according to Forbes magazine’s annual global ranking of billionaires.
The United States will step up efforts for free, open and transparent trade across the Asia Pacific region as it seeks to double US exports in five years, Secretary of State Hillary Clinton said.
Farmers in the UK have warned the EU against a trade deal with Mercosur which could see Brazil and Argentina given access to the European meat market, potentially flooding the market with cheap imports and undermining domestic producers.
China plans to build 10 million low-cost homes this year at a cost of 200 billion US dollars, a government minister has said. The move comes as soaring home prices spur complaints about affordability.
While offering a press conference in Washington DC, US Assistant Secretary of State for Public Affairs Philip Crowley refused to comment on the recently released Wikileaks cables that mention Argentina and said his government would refrain from doing so in the future.
Oil dropped for a second day in New York as members of the Organization of Petroleum Exporting Countries considered talks about increasing production because violence is disrupting supplies from Libya.