British Prime Minister Gordon Brown claimed Saturday that world leaders had backed his blueprint for combating the global slowdown. He said they had agreed to fiscal measures to stimulate the economy - likely to mean increased government spending and cuts in taxes.
Global leaders at the G20 financial summit in Washington have pledged to work together to restore global growth. They said they were determined to work together to achieve needed reforms in the world's financial systems.
The Canada Food Inspection Agency says a British Columbia feed manufacturer is the most likely source of the country's 13th case of mad cow disease.
Iran's OPEC governor, Mohammad Ali Khatibi, is calling on the oil cartel to cut production by a further 1 to 1.5 million barrels per day when it meets in Cairo later this month.
Brazilian President Lula da Silva said on Saturday the Group of Eight is no longer relevant in today's globalized world and the role of developing international financial regulations must fall to the so-called Group of 20.
President Cristina Fernández de Kirchner has vetoed a law protecting Argentina's glaciers that would have restricted mining and oil drilling, officials and environmental campaigners said on Friday.
For the fourth week running the US dollar appreciated in Uruguay's money markets having ended last Friday 0.50% higher against the Uruguayan Peso, mainly forced by strong domestic demand and a similar evolution of the greenback in Brazil.
Brazil's president Lula da Silva is considered the most outstanding leader of the region according to the latest edition of the public opinion poll Latinbarometer 2008 which was released this week in Chile.
With only a week left for regional elections in Venezuela, which could be decisive for President Hugo Chavez Socialism XXI project, leaders of the opposition claim they are constantly intimidated and watched by government that fears loosing several important states and cities.
The global financial crunch, rapidly becoming a threatening full fledged international recession will be addressed Monday in Montevideo, Uruguay by Mercosur leaders.