The International Monetary Fund should step up its surveillance of the United States and other advanced economies in light of the global credit crisis shaking world markets, the Group of 24 developing countries said Friday in Washington.
Plans to search for oil and natural gas in Brazil's remote western Amazon have raised concerns that one of the last untouched areas of the world's largest wilderness will be spoiled.
Portuguese pulp and paper maker Portucel will decide before the end of the year whether it will build a plant in Uruguay, government representatives announced. This would become the fourth pulp mill to be established in Uruguay.
Thousands of Bolivians have taken control of the country's busiest airport as part of an ongoing power struggle between President Evo Morales and authorities in the region of Santa Cruz.
Uruguay announced Friday that the Botnia-Orion pulp mill, which has been at the heart of an ongoing bitter controversy with Argentina, is set to begin production in mid November conditioned to the finishing of a bicycle lane and an alternative water intake for the plant.
Finance ministers from the G7 group of leading industrial countries meeting in Washington have called on China to allow its currency to rise in value more quickly. Beijing must do more to let the Renminbi appreciate, said G7 ministers.
Chile's Foreign Ministry responded cautiously Thursday evening to reported plans by the British government to claim vast areas of sea territory around Antarctica. The UK apparently will base its claim on the UN's Law of the Sea Convention in a submission to the organization's commission on the limits of the continental shelf.
Mexico will charge a 5 US dollar per capita landing fee to all foreign visitors calling in Mexican ports as of next year if President Felipe Calderon signs the bill which was approved Thursday by Congress.
Since Wednesday this week Punta Arenas in the extreme south of Chile has been exposed to higher levels of ultra violet radiation because the perimeter of the ozone layer hole has moved over the region.
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