India and Chile reaffirmed their support for a comprehensive reform of the United Nations including expansion of the Security Council to make the world body more representative, legitimate and effective.
The US economist and Nobel Laureate Paul Krugman said Tuesday that Europe and the United States should at least double their fiscal efforts in order to salvage the global economy.
Sales of new cars and light trucks in Chile plunged 54.8% in the first two months of 2009 compared to the same period a year ago the country's automotive association ANAC said Tuesday.
The International Monetary Fund expects the global economy to contract 0.6% this year, according to forecasts provided on Tuesday by an IMF official in Lisbon.
THE Princess Royal will take the opportunity to meet Falklands War veterans when she visits the islands this month. She will, however, begin her visit to the Falklands and South Georgia with the unveiling of a plaque to open the extension to the Royal Falkland Islands Police Station.
PEACEFUL and emotional is how five Argentine runners, including three 1982 war veterans, describe their visit to the Falkland Islands and their participation in the Standard Chartered Bank Stanley Marathon on Sunday.
The Uruguayan government is considering reducing working time to lighten the impact of the global financial crisis, local media reported over the weekend.
A Venezuelan businessman was sentenced in Miami on Monday to four years in prison for acting as an unregistered agent of Venezuela in the United States. Franklin Duran had been convicted of conspiring to cover up the origin and destination of a suitcase stuffed with 800.000 US dollars in cash that was found in 2007 in a Buenos Aires airport.
Self-government in the Turks and Caicos Islands, a UK dependency, is set to be suspended after ministers were accused of incompetence and likely corruption, reports BBC.
US Federal Reserve Chairman Ben Bernanke expects economic recovery in America next year, but has warned that the biggest risk to an upturn is whether there is sufficient political will to mend the financial system.