Latin American countries' banking and financial officials were optimistic Tuesday about their future development, saying most economies in the region were strengthened after the global financial crisis.
The free trade agreement between Mercosur and Israel, the first out of the region for the South American block, became effective this week for Paraguay. For the rest of Mercosur full members, Argentina, Brazil and Uruguay the official date is April first.
The Chilean Navy celebrated this week the destruction of the 200th antipersonnel mine in the extreme south Horno Island, thus eliminating Field 113 from the list of territories that were planted with mines in 1982.
Argentina is confronting “clear inequities” as reflected by the incidence of “avoidable” maternal deaths during childbirth, the frequency of abortion among poor women and the concentration of new HIV infections in the most marginalized sector of the population, according to a U.N. report presented this week.
Mercosur expects the European Union to improve its offer so that both sides can advance towards a free trade agreement, according to Brazil and Uruguay’s Foreign Affairs ministers Celso Amorim and Luis Almagro who met in Rio do Janeiro this week.
Indian Armed Forces have a new weapon to combat terrorism: 'bhut jolokia' recognised as the hottest of spices. Forces will pack a punch mixed with hand grenades or tear gas shells to deal with terrorists, as trials by Indian defence scientists have shown.
Gibraltar Liberal Party Leader Dr Joseph Garcia told international delegates at a conference in Cadiz this weekend that “the liberal and democratic solution for a decolonised status for Gibraltar was through the exercise of the principle of self-determination”, reports the Gibraltar Chronicle.
China National Offshore Oil Corporation, (CNOOC), signed a multi-billion dollar deal with Australia's BG Group to buy millions of tons of gas. Under the deal, which still needs government approval, CNOOC will buy 3.6 million tons of liquefied natural gas a year for the next 20 years.
United Nations specialists are to look again at the contribution of meat production to climate change, after claims that an earlier report exaggerated the link. A 2006 report concluded meat production was responsible for 18% of greenhouse gas emissions - more than transport.
Major financial institutions are embroiled in the UK's biggest ever probe into insider dealing, it has emerged. The City is reeling after learning three of its top financiers are among six men arrested on suspicion of being involved in a sophisticated and long-running insider dealing ring.