Russia has announced plans to set up a military force to protect its interests in the Arctic. In a document published on its national security council's website, Moscow says it expects the Arctic to become its main resource base by 2020.
Thousands of people are preparing to take part in a huge march for jobs, justice and climate ahead of a week of protests in London to mark the G20 summit amid anger at the £19 million cost of staging the conference.
The United States economy contracted at a stunning pace of 6.3% in the fourth quarter of 2008, the most in 26 years, as consumers cut down on spending and exports weakened.
Mercosur “has not advanced sufficiently to promote symmetries” said Paraguayan president Fernando Lugo on Thursday during a ceremony at the Executive palace to commemorate the 18th anniversary of the signing of the South American customs union made up of Argentina, Brazil, Uruguay and Paraguay.
Headlines: Princess Royal visits on her way South; Assistance for FLH, but only until the end of the year
Argentina's economy grew 2.3 percent in January from a year earlier, the lowest monthly rate in more than six years as the global crisis hits home, according to the latest release from the government.
Argentina’s ruling couple succeed in obtaining the necessary majority in Senate to advance mid term elections from October to June, arguing that in the current global downturn the government needs to focus on fighting economic problems and less on politics.
United States Treasury Secretary Timothy Geithner has outlined far-reaching plans to strengthen government authority over the US financial system. The measures are designed to prevent the kind of systemic risk-taking among banks that has contributed to the current financial crisis.
Britain’s Home Secretary has agreed to announce a new policy on the right of Ghurkhas to settle in Britain within three weeks, the High Court was told. The news came as the Ghurkhas returned to court to enforce a legal victory they won at the Royal Courts of Justice in London last September.
British Prime Minister Gordon Brown and Brazilian President Lula da Silva agreed to call on G-20 to provide 100 billion US dollars in trade credit, a quick completion of global trade talks and for countries breaking free-trade agreement to be named.