Peru’s main private business confederation believes the current economic crisis “has reached the bottom” in the country and forecasts the economy will experience an annual expansion of 3.5%.
Paraguay’s chances of a better deal from Brazil regarding the Itaipu Hydroelectric dam surplus power and its price are seen as “difficult” particularly because Brazil is approaching an electoral year, according to Asuncion press reports from journalists who accompanied President Fernando Lugo in his visit to Brasilia.
Plans for an independent auditing body to validate Britain Members of Parliament expenses claims are expected to be approved on Monday, following weeks of damaging stories. Senior Labour MP Sir Stuart Bell said MPs would be asked to approve the body, made up entirely of independent people.
A former speaker from the British House of Commons said that Parliament should be dissolved if the expenses scandal continues to rumble on. Tory Lord Naseby said the status of Parliament had been brought right down into the pits and Gordon Brown could be forced to call a general election as a result.
North Korea’s Foreign Affairs minister Pak Ui-Chun arrived Sunday in Brazil to meet with his counterpart Celso Amorim, according to a release from the Brazilian ministry. Brazil and North Korea established formal diplomatic relation in 2001.
Under of the auspices of the United Nations Environment Program meeting in Geneva 150 governments have agreed to ban the production of nine of the world's most hazardous chemicals.
A British Airways plane had to abort its landing this weekend after a large cruise ship strayed into its flight path as it sailed from Gibraltar, reports the local press.