Mercosur and the European Union signed this week an extension of an agreement for the financing of an agriculture and livestock health cooperation project according to the UE delegation office in Montevideo.
Honduras ousted president Manuel Zelaya said on Thursday that the head of the de facto government Roberto Micheletti is planning to stay longer than anticipated in office.
The US economist widely credited with having predicted the financial crisis has warned we are already planting the seeds of the next crisis. Nouriel Roubini told the BBC that he is concerned about the growing gap between the bubbly and frothy stock markets and the real economy.
The European Central Bank left the main rate at 1% and President Jean Claude Trichet said at a press conference in Venice on Thursday that the ECB has no plans to raise borrowing costs, describing their level as “appropriate”.
Gibraltar is politically, administratively and legislatively a self-governing country, Chief Minister Peter Caruana said Wednesday night during his address to the United Nations Fourth Committee in New York, reports the Gibraltar Chronicle.
“I don’t want nor do I wish my re-election” said Paraguayan president Fernando Lugo on Thursday. However he did admit he favoured the review of some of the Constitution’s articles.