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.
Paraguayan health officials confirmed the first case of dengue fever here so far this year and announced a health blockade along the border with Argentina after the deaths of two men from yellow fever in the neighbouring country.
Immigrants' remittances from Spain to home countries totalled 1.95 billion Euros in the first three quarters of 2008, down 7% from the same period a year ago, reported the Banco de España.
The inflation rate reached 30.9% in 2008, an 11-year high, according to the latest release from the Venezuelan Central bank. The bank also said prices rose 31.9% in the capital, Caracas, the highest level since 1997, outstripping the 2007 figure, 22.5%.
Another strong voice joined the choir of Argentine officials calling for a responsible attitude to guarantee free circulation along the three international bridges linking Argentina with Uruguay, which for over two years have been under control of pickets protesting the construction of a pulp mill on the Uruguayan side.
A battle trophy taken from a patrol boat after the Argentine surrender of the Falkland Islands conflict in 1982 is expected to reach hundreds of pounds at auction, reports The News from Portsmouth.
In response to the collapse of commodity prices and demand giant Australian-UK minerals corporation Rio Tinto announced the postponement of one of its key iron ore expansion projects, the 2.15 billion US dollars Corumba mine in the heartland of Brazil.
NASA and the National Science Foundation have successfully launched and demonstrated over Antarctica a newly designed super pressure balloon prototype that may enable a new era of high-altitude scientific research. The super-pressure balloon ultimately will carry large scientific experiments to the brink of space for 100 days or more.