The International Monetary Fund, IMF, agreed Monday on reforms giving China, Mexico, South Korean and Turkey more say in how the multilateral institution is run.
Record oil import costs pushed United States current account deficit to 218.4 billion US dollars in the second quarter, equivalent to 6% of total US economic output, reported the US Department of Commerce.
Iran's Mahmoud Ahmadinejad and Venezuela's Hugo Chavez's inaugurated Monday a joint heavy oil/tar sands exploration operation in the Orinoco belt which if confirmed in 2008 could make Venezuela the country with the world's largest hydrocarbons reserves.
Cuban dissident Oswaldo Paya says he fears the Castro regime will begin killing opponents if it feels threatened, though he also detects in the events surrounding Fidel Castro's illness signs of impending rapid change in Cuba.
Venezuela's Hugo Chavez reiterated Sunday in Caracas that his government does not recognize the president elect of Mexico who he said represents a desperate extreme right which appeals to all sorts of dirty tricks, although it's difficult to see them hail victory.
The International Monetary Fund, IMF, is scheduled to begin addressing Monday the biggest shake up in six decades of the multilateral organization, according to Britain's Chancellor of the Exchequer Gordon Brown who chairs the top steering committee.
Brazil's main television station international signal, TV Globo refers to the Malvinas Islands as Falklands, complained the Argentine agency DYN.
The number of cruise ships and passengers visiting South Georgia last season was the highest ever, according to the
A mid scale earthquake rocked Sunday northwestern Argentina and upper central Chile. In Argentina according to the Inpress seismology Institute it reached a 5.8 magnitude but no injuries or damages were reported.
Caked in mud as he digs trenches and lays explosives intended to thwart the Taleban, he may not look like a man who has a lot of money.