Unemployment in advanced economies will remain high until at least the end of 2013, with young people and the low-skilled bearing the brunt of what is by far the weakest economic recovery in the past four decades, the OECD said today.
Argentina’s Navy tall ship ARA Libertad is docked some ten miles off the coast of Guyana and entertained Prime Minister Samuel Hinds and members of the diplomatic corps as a part of its round-the-world trip which concludes in December of this year.
Argentine Defence minister Arturo Puricelli said that in the same way “the independence of the Argentines is the independence of the region”, the defence of Argentina is also the defence of the region and in this framework of integration Argentina’s sovereignty claim over the Malvinas Islands is a regional commitment.
Argentine President Cristina Fernández made a strong call to unity and to defend the economic model during the main celebrations of the 196th anniversary of the Argentine Declaration of Independence held at San Miguel de Tucumán.
Venezuela's President Hugo Chávez said on Monday he was fully recovered from cancer, three months before an election in which he is seeking another six-year term. Free, free, totally free, he told reporters when asked if he was free of the disease that struck a year ago.
The president of the Paraguayan Industrial Union Eduardo Filippo said it was essential for the country to establish negotiations outside Mercosur, following the suspension from the group by the remaining three members allegedly because of the rupture of the democratic order.
Michel Barnier, the European commissioner in charge of financial regulation, is expected to bring forward changes to his market abuse directive and regulation within in the next weeks, the Financial Times said on Monday.
The deputy governor of the Bank of England (BoE) has said he did not give Barclays instructions to lower its Libor submissions in 2008. Paul Tucker said no government minister had asked him to lean on Barclays over its inter-bank lending rates. But he also told MPs that the BoE and the government feared that Barclays may need a bailout.
Bolivia will consider nationalizing Canadian miner South American Silver Corp's silver property, President Evo Morales said on Sunday, following violent indigenous protests against the mining project.
The leaders of France and Germany joined in a symbolic celebration of unity, hailing a relationship that has brought peace to Europe for 50 years but must now prove it can survive its most serious crisis to date.