Brazilian president Lula da Silva warned of a worrisome and tough first quarter but promised the government is prepared to inject more resources to the economy to help combat the effects of the global crisis and stimulate activity.
Uruguay declared on Monday an agriculture emergency and announced measures to help farmers address the very serious rain deficit which is threatening crops, livestock and the provision of fresh produce. The package includes importing fodder and cow feed for dairy farms as well as postponing tax and social security payments, and energy bills.
The formation of a UK super bank has been rubber-stamped with a court giving its approval for Lloyds TSB's takeover of HBOS. The Court of Session in Edinburgh gave the green light to the deal after a legal hearing lasting all day.
The International Monetary Funds may need up to 150 billion US dollars in additional funds to assist emerging markets and poorer countries suffering through the intensifying global economic slump, IMF Managing Director Dominique Strauss-Kahn said.
Contrary to Buenos Aires press speculation and apparently to medical counselling, Argentina's President Cristina Fernandez de Kirchner retook on Monday afternoon her agenda at the official residence of Olivos, although at a lighter pace and with breaks for short walks in the gardens.
Education officers from Edinburgh Zoo have headed to the Falkland Islands to teach local children about Scottish wildlife, according to a report from the News Scotsman.
Two search requests on the internet website Google produce as much carbon dioxide as boiling a kettle, according to a Harvard University academic. US physicist Alex Wissner-Gross claims that a typical Google search on a desktop computer produces about 7g CO2.
The European Parliament has voted to tighten rules on pesticide use and ban at least 22 chemicals deemed harmful to human health. The UK government, the Conservatives and the National Farmers' Union all oppose the new rules, saying they could hit yields and increase food prices. The rules have not yet been approved by the 27 member states' governments.
Uruguay's Central bank this week raised its reference interest rate by 2.25 percentage points to 10% in an attempt to contain inflation which last year closed at 9.19%, above government target and the highest since 2003.
China formally joined the Inter-American Development Bank in a signing and flag placement ceremony held on Monday at the IDB's headquarters in Washington, DC. The Asian giant became the Bank's 48th member nation, contributing 350 million US dollars to various programs.