London no longer stands among the most expensive cities in the world to live in, as the fall in value of sterling and declining house prices have made life less expensive in the UK capital according to Mercer consultancy.
Costa Rican President Oscar Arias is to lead mediation to resolve the political crisis in Honduras. US Secretary of State Hillary Clinton made the announcement in Washington after meeting ousted Honduran President Manuel Zelaya.
Ousted Honduran leader Manuel Zelaya was scheduled to meet with US Secretary of State Hillary Clinton Tuesday, as the country's political crisis talks moved to Washington.
Rich countries are not living up to their pledges to help developing countries weather the effects of the global economic crisis said Brazilian president Lula da Silva, ahead of this week’s G8 meeting in Italy.
Brazilian corporation JBS SA, the world's biggest beef processor said on Monday it had raised its slaughtering and de-boning capacity in Brazil by around 25% through the leasing of five more plants.
Bolivia is considering temporarily closing part of its extended border with Argentina, (773 kilometres long), because of the outbreak and quick spread of the A/H1N1 virus flu in that country, anticipated Health minister Ramiro Tapia over the weekend.
Uruguay’s consumer price inflation rose 1.4% in June, the highest in the last twelve months, but was the lowest 2.82% for the first half of the year since 2005, according to the latest release from the country’s Statistics Office.
The Brazilian Senate --whose president Jose Sarney has been accused of corruption--, apparently has a secret bank account operating millions of US dollars and a private “bunker” for a few, with facilities for “intimate” dates, according to reports in the Sao Paulo and Brasilia press.
A man has died and more than 150 people have taken ill on board a cruise liner berthed in Invergordon, Easter Ross, Scotland. The vomiting bug, norovirus, is thought to have taken hold on the Marco Polo, which is touring the UK and Ireland with about 800 passengers and 350 crew members.
China has begun a trial scheme that allows trade with its neighbours to be settled with its own currency the Yuan. Six Shanghai companies have signed contracts with counterparts in Hong Kong and Indonesia to settle deals in the currency.