The Inter-American Development Bank Group increased loan, credit guarantee and grant approvals by about a quarter to a record 12.2 billion US dollars in 2008, in an effort to help Latin America and the Caribbean weather the global financial crisis.
The British pound's relentless slide towards parity with the Euro picked up pace after it plunged to another record low against the single European currency. The latest slide saw sterling worth just 1.022 Euros amid expectations for European interest rates to remain higher than in the UK for some time yet.
Works of art worth hundreds of thousands of pounds are missing from British embassies and other official buildings around the world, according to a report published in The Times. At least 50 paintings from the Government Art Collection are unaccounted for, according to the latest audit. None was insured and some are known to have been stolen but more than half the total simply disappeared.
One of Buenos Aires city most exclusive apartments, a lavish flat with five dormitories and three terraces with a 360 degrees view on the fourteenth story is on sale for the modest sum of 6 million US dollars.
Spanish bank La Caixa is no longer in talks with Russia's LUKOIL to sell all or part of its 12.7% stake in oil firm Repsol, it announced on Monday in a one paragraph stock exchange announcement.