United States Treasury Secretary John Snow currently visiting Beijing insisted that China must make its currency the yuan or renminbi pegged to the US dollar, more flexible.
Leaders from South America and the Arab countries currently meeting for their first summit in Brazil agreed to include in the final declaration a clause calling on United Kingdom and Argentina to resume Falklands/Malvinas dispute negotiations for a fair, peaceful and lasting solution in accordance with the several pertinent United Nations resolutions.
Headlines:
Ovine meat production in Chile down; Punta Arenas port rates in Chilean pesos; Fisheries Minister inaugurates Seafood Expo Latin America.
OPEC, the Organization of Petroleum Exporting Countries announced Tuesday in Kuwait that during May country members belonging to the cartel are increasing daily oil production to 30,3 million bpd. This represents a daily increase of 600,000 barrels, said OPEC's president Ahmed Fahd Al-Sabah.
Governance and Justice administration have not improved in Latin America in the last eight years, considerably reducing countries economic potential argues a report released this week by Daniel Kaufmann, World Bank Director of Global Governance.
Presidents from Argentina, Brazil and Venezuela made a commitment to push forward with South American energy integration according to officials in Brasilia.
This week twenty years ago saw the opening of Mount Pleasant Airport with its 2,950 metres runway in the Falkland Islands.