On the 26th anniversary of the beginning of the Falklands war, now renamed the Day of the Malvinas war veteran, Argentine president Cristina Fernandez de Kirchner renewed calls for sovereignty over the South Atlantic Islands and emphasized that the Malvinas claim is unflagging.
UN Food and Agriculture Organisation (FAO) has predicted that world rice production is expected to rise by 12 million metric tonnes or 1.8% in 2008, assuming normal weather.
Brazil's central bank must keep the benchmark interest rate unchanged for the time being and avert increases that would further strengthen the Real and derail an economic expansion, said two economic advisers of President Lula da Silva according to reports in the Sao Paulo financial press.
Federal Reserve Chairman Ben Bernanke warned on Wednesday that US gross domestic product (GDP) could contract in the first six months of 2008. If this happens the US would be in recession since two consecutive three-month periods of negative growth is generally accepted as such.
With the farmers' conflict in recess for thirty days, Argentine president Cristina Fernandez de Kirchner, CFK, is preparing to fly next Saturday to Paris where on Monday she will meet with French President Nicolas Sarkozy to work on an agenda of mutual interest which could have significant political benefits.