Brazil's plans to buy French fighter jets confirms a trend across Latinamerica that is based in recent history and the proclivity of US lawmakers to put political restrictions on what customers can and cannot do with their purchases.
Continuing worries about the stability of the global economy and the rally seen in equity markets continued to spark investment in gold on Tuesday with the price breaking through the symbolic 1,000 US dollars mark and touching a new high for 2009.
Mexican President Felipe Calderon announced Monday the resignation of Attorney General Eduardo Medina-Mora, his point-man in the offensive against drug cartels, but gave no indication that the current strategy of full confrontation with the gangs would change.
United States not only increased its arms sales by nearly 50% last year but its share of world weapons sales also rose to more than two-thirds despite the global economic downturn, a newspaper reported Monday.
President Lula da Silva announced Monday that Brazil has entered negotiations with France for the purchase of 36 combat aircrafts Rafale, from Dassault. An official release from the Planalto said that negotiations include the transfer of French technology.
Chilean conservative presidential candidate Sebastián Piñera announced Sunday he will submit a proposal to Chile's government suggesting that the voter registration period for December's presidential elections be extended by around one month.
By Fernando Henrique Cardoso (*)
The war on drugs has failed and should make way for a global shift towards de-criminalising cannabis use and promoting harm reduction, says the former president of Brazil, writing in Sundays’ edition of The Observer. Fernando Henrique Cardoso argues that the hard-line approach has brought disastrous consequences for Latin America, which has been the frontline in the war on drug cultivation for decades, while failing to change the continent's position as the largest exporter of cocaine and marijuana.
Latinamerica and the Caribbean spend three times more in arms and fuel subsidies than in the learning gap between children from low income and high income homes, a sum estimated in 14 billion US dollars, according to the president of the Inter American Development Bank, IDB, Luis Alberto Moreno.
Brazil’s President Lula da Silva ruling Workers party has been in consultations with the communications team that worked with US president Barack Obama, with the purpose of helping design its campaign for the 2010 presidential election.
The squid (Illex argentinus) season in Argentine waters closed with one of the worst records in recent history. Official statistics reveal that 61,249.4 tons were landed between January 1 and September 4, equivalent to 24.3% of the 251,892.7 tons landed between January and September 11 of 2008.