China's foreign exchange reserves reached 2.13 trillion US dollars by the end of June 2009, up 17.84% year-on-year, according to the latest release from the People’s Bank of China, PBOC.
The first talks between US President Barrack Obama’s administration and Cuba ended with an invitation for US diplomats to visit Havana in December, marking the official beginning of the first dialogue between Havana and Washington in six years.
The approval of the new composition for the Mercosur Parliament scheduled to be agreed later this month at the group’s presidential summit in Paraguay could be postponed given conflicting interests on supra-national decisions.
The Latinamerican and Caribbean economy is forecasted to contract 1.9% this year following six years of sustained growth, but is expected to expand 3.1% in 2010, according to the latest estimates released Wednesday by the United Nations Latinamerican and Caribbean Economic Commission, Cepal in Santiago de Chile.
Unemployment in the United Kingdom has soared to truly horrendous levels after a record 281,000 people joined the growing jobless ranks, taking the total to 2.38 million, the worst since 1995.