United States widely respected investor and financial wizard Warren Buffet said on Thursday unemployment in the US could reach 11% and a second stimulus package could be needed to pull the world’s largest economy out of recession.
Already judged to be Europe’s worst tourists last year, the French have now been named as the worst in the world. In a survey of 4.500 international hotel owners, they are criticized for not speaking foreign languages and of being arrogant and tight with their cash.
Oil giant Royal Dutch Shell has replaced US retail group Wal-Mart as the world's largest company, the latest annual survey by Fortune magazine says.
Peru's departing prime minister said on Thursday he would run for the presidency in 2011, working to forge a coalition that includes the pro-business ruling party and independents. But it will be some time before campaigning begins.
Uruguay could be heading for another record of farmland dedicated to wheat and although it is too early to have the exact data, estimates are above 500.000 hectares. Good climate and lower input costs, mainly from fertilizers, could be anticipating a record harvest next December overtaking the 480.000 hectares and 1.2 million tons of the 2008 crop, according to reports in the Montevideo press based on official and private estimates.
Britain’s Foreign Office Minister Chris Bryant welcomed on Thursday the new St Helena, Ascension and Tristan da Cunha Constitution Order 2009, which among other things includes a Bill of Rights, better defines the role of the Governor and has separate chapters for each of the three islands.