A new strategy that will reinvigorate the UK's relationship with its Overseas Territories will be at the heart of discussions at the annual Overseas Territories Consultative Council which begins Wednesday 17 November.
Argentine Economy Minister Amado Boudou confirmed that the ministry sent a letter to the Paris Club in order to initiate negotiations and establish a course of action for the cancellation of debt, although no specific dates were mentioned.
Latin America's economic growth is expected to be two or three times larger than Spain's in the next few years, says a private report by Banco Santander in an effort to encourage Spanish small businesses to take advantage of the growth and job opportunities that the region has to offer.
Brazil’s Lula da Silva and former Uruguayan president Tabare Vazquez are the most probable candidates for the Union of South American Nations, Unasur, secretary general chair, according to Ecuadorean president Rafael Correa. Ecuador currently holds the rotating presidency of Unasur.
UK market research company Verdict has forecast the engagement of Prince William and Kate Middleton and their subsequent Royal Wedding next year could give a £620m (billion US dollars) boost to the economy.
A meeting of Euro zone ministers in Brussels ended with a promise to work towards further help for Ireland. The EU monetary affairs commissioner, Olli Rehn, said the 27-country bloc would intensify work on a support programme for Ireland - should Dublin request one.
International Labor Organization (ILO) is warning countries against social security cuts to reduce public spending which could slow down or delay recovery. The ILO says social security encourages stability, but only about a fifth of the world has access.
China's Ministry of Housing and Urban Rural Development announced this week that purchases of housing by overseas organizations and individuals in the country would be capped or restricted, a move widely seen as combating speculative money from overseas that might flow into the property market.
Mercosur and European Union delegates are scheduled to meet at the end of the month or early December in Brasilia for a new round of talks leading to a wide ranging trade agreement which both sides have agreed should be ready to conclude negotiations in the first half of 2011.
Leading Latinamerican corporations and European investors will be participating in Madrid at the XII Latibex three-day forum organized by Spain’s securities markets.