President George Bush joined Paraguayan President Fernando Lugo Monday in a pledge to bring assistance to the poverty-stricken South American nation while fighting corruption in the ranks of its government.
Setbacks in Sunday's municipal elections appear to have pushed Chile's president to shake up her Cabinet, according to Interior minister Edmundo Perez Yoma.
Elected Councillor Mike Summers is representing the Falkland Islands at the tenth two day meeting of the Overseas Territories Consultative Council (OTCC) which opened Monday in London, presided by Foreign Office Minister Gillian Merron.
Chile called for a quick response from the international community in face of the global financial crisis and emphasized that country members from the G-8 should increase contributions to the Inter American Development Bank (BID) and to the Andean Promotion Corporation (CAF) thus helping with more liquidity for the region.
Peru and Spain signed this week a strategic association agreement during a ceremony headed by King Juan Carlos and Peruvian president Alan Garcia at Government Palace in Lima, the highlight of the royal couple's visit to Peru.
Karl Marx was never so right as now about the current crisis of the capitalist system said Nobel Prize in Literature Jose Saramago during the presentation in Lisbon of the film Blindness, partly filmed in Montevideo, with a script based on his novel.
British Prime Minister Gordon Brown called on Tuesday for an increase in funding of the International Monetary Fund (IMF) to cut the risk of financial contagion and said China and oil-rich Gulf states should make the bulk of the contributions.
Chilean presidential hopeful and currently Secretary General of the Organization of American States, (OAS) Jose Miguel Insulza admitted that the Chilean ruling coalition could loose next year's election. But he also proposed closer ties with the Communist party to impede further vote erosion.
The mortgage crisis that is at the heart of the current financial turmoil reflects fundamental flaws in the way countries approach housing, and highlights the danger in thinking that markets alone will ensure adequate housing for all, said an independent United Nations human rights expert.
The gap between rich and poor in most wealthy nations has widened, revealed the Organization for Economic Co-operation and Development (OECD). Across the 24 OECD countries where data was available, the cumulative rise in inequality was 7% over the past 20 years, the Paris-based group said. But this was not as large a rise as had been expected, it said.