Brazil announced it was imposing non automatic import licences on synthetic fibre blankets from Paraguay, Uruguay and China, according to an official communiqué from the Brazilian Ministry of Development, Industry and Foreign Trade released Tuesday.
Brazil’s former Foreign Affairs minister Celso Amorim said that the next IMF Managing Director must come from an emerging economy if Dominique Strauss-Kahn, currently in custody in New York on alleged rape charges finally looses his job.
Dominique Strauss-Kahn, (DSK) the head of the International Monetary Fund, may be forced to leave his post after being accused of trying to rape a maid in his New York hotel room. IMF is currently under John Lipsky Acting Managing Director.
China moved to smooth economic relations with Brazil on Monday, saying it was open to more Brazilian exports and that Chinese firms will broaden their investments in the country.
Heaven is a fairy story for people afraid of the dark, the eminent British theoretical physicist Stephen Hawking said in an interview. Hawking, 69, was expected to die within a few years of being diagnosed with degenerative motor neurone disease at the age of 21, but became one of the world's most famous scientists with the publication of his 1988 book A Brief History of Time.
Euro zone finance ministers approved Monday a three-year, 78-billion Euro emergency loan program for Portugal and said Lisbon would ask private bondholders to maintain their exposure to its debt.
IMF Dominique Straus-Kahn, accused of attempting to rape a hotel housekeeper, was ordered held without bail by a New York judge after prosecutors argued he presented a flight risk.
A Royal Navy warship that was made from plastic rather than metal to avoid triggering mines was due to set sail to the Gulf from its base at Faslane. HMS Ramsey was made from glass-reinforced plastic so can get near mines where other Navy ships cannot.
China Trade Minister Chen Deming promised to further increase bilateral trade with Argentina which last year reached 13.5 billion US dollars but also asked for reciprocity regarding China’s exports.
French president Nicholas Sarkozy stressed over the weekend he would not accept an European Union-Mercosur trade agreement that could mean a loss of income for European farmers.