A report from the US Library of Congress legal branch released this week concluded that the ousting of elected Honduran president Manuel Zelaya was “legal and constitutional”.
The coming electoral year makes it difficult for the Brazilian congress to approve in the short term the agreement reached with Paraguay referred to the surplus energy from the world’s largest operational hydroelectric dam Itaipú, signed last July by presidents Lula da Silva and Fernando Lugo.
Mercosur junior member Paraguay’s economy again plunged in the second quarter of this year, 4.3%, compared to a year ago, almost the same percentage contraction as in the first quarter, 4.2%, according to the latest release from the country’s Central Bank.
The company behind Iceland's fin whaling industry is planning a huge export of whale meat to Japan. This summer, Hvalur hf caught 125 fins - a huge expansion on previous years.
Brazil has become Uruguay’s main trade partner and investor having taken over vital spaces of the country’s economy in its most dynamic sectors, according to different reports that have surfaced during the campaign for next month’s presidential election.
A recent survey by the Cisco Latin America Broadband Barometer showed that Chile has the highest percentage of broadband Internet connections in South America. The study found that 9.7% of Chile’s population has access to broadband.
Uruguay, Chile, Costa Rica, Guatemala among nine countries remain in the so called “grey list” of tax havens from the Organization of Economic Cooperation and Development, OECD, one of the issues to be addressed by the G20 summit in Pittsburgh.
G20 is to take on an expanded role as part of a historic shift that recognises the rising influence of China, Brazil and India. The leaders of the world's top 20 wealthy and developing nations decided that the G20 will take over the role of pre-eminent council on global economic cooperation, a function that for more than three decades had been performed by a smaller club of leading industrial countries known as the G8.
US space agency NASA said India’s maiden lunar mission had confirmed the presence of water molecules in the polar region of moon’s surface. Indian Space Research Organisation’s. ISRO, chairman G Madhavan Nair called the finding “path breaking”.
The United Kingdom Members of Parliament expenses scandal which generated angry reactions from British public opinion began because the mole that caused the leak was angry about inadequate equipment for the armed forces, the Daily Telegraph published on Thursday.