HMS York is on her way home from the South Atlantic after a high-profile five months on patrol off the Falklands Islands, reports The Press from York.
Some 171 civil servants are paid more than Prime Minister David Cameron's £142,500-a-year salary, according to Cabinet Office figures. The salaries of those earning over £150,000 were revealed for the first time in a bid to aid transparency.
Argentina is extending its 18.3 billion US dollars bond restructuring at the request of Italian creditors and the country’s financial regulator, Economy Minister Amado Boudou said on Monday.
Airports in the major cities of Brazil that will be hosting the World Cup in 2014, and the Olympic Games in 2016, are working at their maximum capacity and eight of them are described as “in the edge of operational collapse” according to a report from the Applied Economics Research Institute in Sao Paulo, IPEA.
The Inter American Development Bank, IDB, is ready to disburse 10 billion US dollars in loans to Latinamerica during fiscal 2010, said the bank’s president Luis Moreno.
German President Horst Koehler unexpectedly resigned due to a storm over comments he made about military action abroad in a move that could cause conservative Chancellor Angela Merkel a headache.
The United Nations Economic Committee for Latinamerica and the Caribbean, Cepal, anticipates that growth in the region will be less than in previous years because of the economic downturn in developed countries but the tendency should not influence Brazil, the region’s largest economy.
Budget Minister Francois Baroin indicated on Sunday that France should not take for granted its AAA rating, which allows Paris to borrow relatively cheaply on international markets and finance its big budget deficit.
Some interesting historical data about the Falkland Islands war and Soviet intelligence support to Argentina has emerged from a book by a Russian journalist and researcher, who as the son of a former URSS diplomat expert in trade affairs spent most of his youth in Latinamerica, Cuba, Ecuador and Uruguay.
Experts are warning that European governments rush to cut budget deficits with draconian austerity measures could mean a blow for Europe's tentative economic recovery.