Euro zone annual inflation was 2.1% last September, (up from August 1.7%) and above the European Central Bank's target for the first time in twelve months according to the latest release from Eurostat.
Costa Rica and Croatia were elected on Tuesday to the United Nations Security Council for 2008-09 after their respective rivals, the Dominican Republic and the Czech Republic pulled out after two rounds of voting.
Secretary-General Ban Ki-moon marked World Food Day on Tuesday with a call for a renewed commitment to stamp out chronic hunger and make the right to food a reality for all in a world where nearly 855 million people still do not have enough to eat.
The British Government told the United Nations Monday that Gibraltar had entered a new non-colonial constitutional relationship with the UK and described as outdated the UN criteria on de-listing former colonies.
A team of Argentine and Brazilian paleontologists announced the discovery of a new dinosaur species ? a giant, Patagonian plant-eater ? that lived 88 million years ago.
Ecuador told foreign oil companies on Monday they had two weeks to pay the government 317 million US dollars in what the government says are unpaid debts from a windfall royalty approved in 2006.
Latinamerica and the Caribbean are forecasted to grow between 4.9 and 5% this year according to the World Bank's chief economist for the region Augusto de la Torre.
THERE is good potential to find significant volumes of oil and gas in the Falkland Islands. That's the optimistic message from oil industry representatives who were in the Islands last week for a series of meetings with the government, private sector and military.
Legislators from Chile's environmental caucus reacted angrily last week to reports that state-owned mining company CODELCO is violating legal pollution limits for their waste water – in some cases by more than 700%. Senator Guido Girardo (PPD) and Deputy Alejandro Garcia-Huidobro (UDI) demanded that company executives be personally held responsible for their company's excesses, and denounced current sanctions as insufficient.
The United States Department of the Interior's Minerals Management Service recent central Gulf of Mexico lease sale received 1,428 bids on 723 tracts, attracting 2.9 billion US dollars in high bids – the second highest total in U.S. leasing history.