Thursday, March 25th 2010 - 03:20 UTC

Latinamerica, “winning region of the financial crisis”, says optimistic IDB

Colombian Treasury Minister Oscar Ivan Zuluaga

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.

Thursday, March 25th 2010 - 03:18 UTC

Mercosur-Israel free trade agreement becomes effective

Mercosur administrative building in Montevideo

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.

Thursday, March 25th 2010 - 03:13 UTC

Chilean navy clears of mines the most extreme south of islands

The mined fields date back three decades when the Argentina-Chile conflict

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.

Thursday, March 25th 2010 - 03:05 UTC

UN report points to “clear inequities” in province, class and gender in Argentina

Over 12% of Argentine teenagers 13 to 17 are not in school

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.

Thursday, March 25th 2010 - 02:59 UTC

Mercosur expects a next move from EU to advance trade discussions

Uruguayan Foreign Affairs minister Luis Almagro

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.

Thursday, March 25th 2010 - 02:53 UTC

Indian forces armed with the hottest of spices grenades to combat terrorists

Bhut jolokia is recognised by the Guinness Book of World Records as the hottest of all spices

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.

Thursday, March 25th 2010 - 02:50 UTC

Gibraltar defends “self-determination” before Latinamerican Liberal leaders

Liberal Party Leader Dr Joseph Garcia

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.

Thursday, March 25th 2010 - 02:47 UTC

China seals long term energy agreements with Australia and Shell

Australia is playing a leading role as supplier of energy and minerals to China

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.

Wednesday, March 24th 2010 - 22:57 UTC

UN admits “lopsided” conclusions to meat production-climate change report

Sir Paul McCartney has been campaigning of the slogan: “Less meat = less heat”

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.

Wednesday, March 24th 2010 - 22:44 UTC

UK launches biggest ever probe into insider dealing in the City

City workers allegedly passed inside information to traders, both directly and via middlemen

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.


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