Colombian presidential candidate and favourite to win this month’s run-off Juan Manuel Santos anticipated he would be proposing Venezuelan leader Hugo Chavez a “rebuilding of bilateral links”, if he is finally elected.
Plans for a European Union-wide financial markets watchdog have been put forward by the European Commission. The proposed European Security Markets Authority would initially regulate credit rating agencies, but could be given broader powers at a later date.
The Euro zone (EZ16) seasonally-adjusted unemployment rate was 10.1% in April 2010, compared with 10.0% in March. It was 9.2% in April 2009. The EU 27 unemployment rate was 9.7% in April 2010, unchanged compared with March while a year ago it stood at 8.7% (April 2009).
President Cristina Fernandez de Kirchner once again rejected that Argentina has adopted restrictions on imports, although she admitted there isn't a country in the world that, through fiscal promotions or tariffs, doesn't have those mechanisms of barriers for the entry of foreign products.
Angra III nuclear power plant has been granted a construction license by the Brazilian National Nuclear Energy Commission, regulators said.
Canada has become the first member of the G7 group of industrialised nations to raise interest rates since the global financial crisis. The Bank of Canada has increased its key lending rate by one quarter of a percentage point to 0.5%.
Former Argentine president Néstor Kirchner met Wednesday with Paraguayan President Fernando Lugo and other Congressional and political leaders in Asunción in what became his first official meeting as head of the South American Nations Union (UNASUR).
Seabird deaths caused by trawl fishing will be further reduced following the Falkland Islands Government’s approval of a new Action Plan. A ninety per cent reduction in seabird deaths was recorded in the long-line fishery the year after a similar Action Plan to introduce tori lines was put into effect in 2004. Both plans demonstrate the steps taken by the Falkland Islands to maintain their international reputation for the responsible and sustainable management of their fishing industry.
United States President Barack Obama held talks with his Peruvian counterpart Alan Garcia in the White House and praised the South American country’s economic performance and consolidated democracy.