Koenigsegg Automotive, the Swedish maker of luxury 1.2-million US dollars sports cars, agreed to buy Saab Automobile from General Motors by the end of the year, potentially moving the company into the automotive mass market.
China reduced its holdings of US Treasury bills in June by the largest amount in nearly nine years in what economists viewed as a bid to diversify the country's foreign reserves and increase returns.
Spain plans to help the European Commission fend off a legal challenge by Gibraltar over a decision relating to the Rock’s territorial waters, reports the Gibraltar Chronicle. Lawyers representing the Spanish government filed an application to join the controversial case last Friday, a day after the British government confirmed that it would support Gibraltar in court.
The free trade treaty between United States and Colombia, pending US congressional approval, is on route to be confirmed said US ambassador in Bogotá William Brownfield.
Jose Serra, Sao Paulo governor and main reference of the opposition leads comfortably in public opinion polls for next year’s presidential election in Brazil when the successor of President Lula da Silva is to be chosen.
The next five to six years will represent a great infrastructure and logistics leap forward for Antarctic activities mainly because of the greater technological advances of the scientific research vessels, according to Professor Heinz Miller a distinguished academic from Germany’s Alfred Wegener Institute for Polar and Marine Research.
Chilean military authorities have decided to press charges against José Patricio Jara Muñoz, the Carabinero (uniformed police) officer who shot and killed Mapuche activist Jaime Mendoza Collío during a confrontation last week in Region IX. Jara Muñoz is accused of using excessive force resulting in death. Mauches are Chile’s largest indigenous group.
Presidents of Brazil Lula da Silva and Felipe Calderon from Mexico called for a strategic alliance between the two countries based on free trade and cooperation between state energy companies Petroleos Mexicanos (Pemex) and Petrobras.
Argentina’s Statistics Institute controversy was joined Sunday by a most reputable newspaper, the Washington Post that called Indec numbers a ”manipulation (...) done under pressure from above”.
The Commission of Malvinas war Families confirmed to the Buenos Aires press that the Argentine Memorial at the Falklands’ Darwin cemetery will be inaugurated next October in two consecutive Saturdays. An advance party to coordinate the events is expected in the Falkland Islands at the end of the month.