The Spanish government approved Friday a sweeping reform of the Ministries of Industry and Foreign Affairs which included the elimination of the State Secretary for Ibero-America.
Trading in natural resources creates a great many challenges both for importing and exporting countries and governments need to cooperate more intensively if these challenges are to be adequately addressed, according to World Trade Organization economists.
Brazil's President Lula da Silva broke down to tears in front of the TV cameras during an interview with Brazilian network TV Record when the popular leader recapped some of his administration's social achievements.
Obama administration warned the US economy had encountered strong headwinds and the country's fiscal challenge remained grave, but it lowered an estimate for the budget deficit this year.
Rockhopper Exploration (AIM: RKH) announced that on Friday early morning it had spudded Ernest 26/6-1 exploration well in the North Falkland Basin, the second well the British company is drilling following the successful discovery of oil in its Sea Lion prospect.
Britain's deputy prime minister, Nicholas Clegg, joked in the House of Commons this week that Gibraltar is a sensitive topic in his home, which he shares with his Spanish wife, Miriam Gonzalez Durantez.
The Indian government announced the development of a touch-screen laptop pitched at students at a cost of 35 US dollars. The low cost device, which runs Linux, is being readied for production.
Brazil is following “closely and with great concern” the latest developments between Colombia and Venezuela said the Brazilian Foreign Office, Itamaraty, confirming that President Lula da Silva will be travelling to meet with his Venezuelan counterpart Hugo Chavez next August 6, as was scheduled.
Ecuador strongly criticized the Organization of American States, OAS, for having speedily accepted a special session request from Colombia to address the alleged existence of Colombian guerrilla groups in Venezuelan territory which led to a major diplomatic and political situation between the neighbouring countries.
Buenos Aires City Mayor Mauricio Macri inaugurated the 124th edition of the Agriculture, Livestock and Industry Fair organized by the Argentine Rural Society (SRA) that will open on Saturday in the Palermo grounds. SRA head Hugo Biolcati was also present and took the opening honours along with the city Mayor.