Foreign direct investments (FDI) into developing countries are expected to rebound after record falls this year. According to the World Bank, these investments will rise by 14% in 2010 to 440 billion US dollars.
The Peruvian Congress was unable to muster the necessary votes to censure Prime Minister Yehude Simon and Minister of Interior Mercedes Cabanillas over the recent violent clashes in the Amazonia region which left scores of dead both among policemen and the protesting indigenous communities.
The recession-blighted United Kingdom economy shrank at its fastest rate for more than 50 years in the first three months of 2009, official figures have shown. And revisions to figures revealed the current recession began earlier than first thought, with a 0.1% decline seen between April and June last year compared with previous estimates of zero growth.
Honduras president Manuel Zelaya offered a deal Tuesday to the military leaders who ousted him - he'll quit in January if allowed to return and serve out his term in office.
The great success of Gibraltar’s cruise industry with record 248 calls scheduled for this year with an estimated 380.000 passengers was underlined by Minister for Development Joe Holliday in his intervention before the local Parliament during the Budget Debate for 2009.