United Nations Secretary-General Ban Ki-moon said that he will focus his attention on raising the issue of food security at the G8 summit of major industrialized nations in Japan early next month, as well as the challenges of climate change and the anti-poverty targets known as the Millennium Development Goals (MDGs).
President Hugo Chavez said that Venezuela will continue to strengthen its military power following the announcement that vice president Ramon Carrizalez and Defence minister General Gustavo Rangel Briceño would be traveling to Russia to intensify military cooperation.
Uruguayan authorities downplayed the announcement earlier this week of the discovery of significant natural gas reserves and possibly oil in the River Plate close to the Brazilian border.
In a move which did not surprise, the US Federal Reserve on Wednesday kept interest rates unchanged at 2%. In its usual release following the two day meeting the Open Market Committee said that recent information indicates that overall economic activity continues to expand, partly reflecting some firming in household spending.
Manpower Inc. released this week the results of its Borderless Workforce survey of nearly 28.000 employers across 27 countries and territories revealing that 31% of employers worldwide are concerned about the impact on the labor market from talent leaving their country to work abroad
The US 2008-09 soybean crop is forecast at 81.90 million tons, down 2.5 million tons from a previous estimate after heavy rain in the US Midwest, according to Hamburg-based oilseeds analysts Oil World.