Relatives of two sisters who died in the Feb. 27 tsunami are suing Chilean government agencies they claim are responsible for the absence of an adequate tsunami warning.
Argentina moved a step closer to a planned swap of defaulted debt and an issue of up to 15 billion US dollars in new bonds, with an amended filing to the US Securities and Exchange Commission, SEC
News that Greece may go cap in hand to the IMF for help with its debt crisis prompted investors to rush for the relative safety of the dollar, which soared against the Euro on Thursday. The Euro fetched 1.3603 dollars down more than a US cent on late trading.
A proposal to ban international trade in Atlantic bluefin tuna, which is a sushi mainstay in Japan, has been rejected by a UN wildlife meeting. Thursday's decision occurred after Japan, Canada and many poor nations opposed the measure on the grounds it would devastate fishing economies.
The World Wide Web is becoming as important to the future of mankind as free speech, the inventor of the Web Sir Tim Berners-Lee has said. Because the network is neutral and access to data open, the Web is becoming a vital tool to ensure open government, and as such it should be considered a right.
Brazilian Electoral Justice announced it had fined President Lula da Silva for having “anticipated” the campaign for next October presidential election, thus favouring the incumbent candidate and cabinet chief Dilma Rousseff.
The Brazilian central bank kept its benchmark Selic interest rate at a record low 8.75% in a less-than-unanimous decision, signaling that borrowing costs may rise as soon as next month.
Governments across the world have “failed miserably and… are continuing to fail” to halt the growth of illegal poaching and trade in tiger body parts, said Willem Wijnstekers, Secretary-General, Convention on International Trade in Endangered Species (CITES).
Polar bears have lost out on increased protection under international law after a US led bid for a total ban on trade in products made from the animals, such as furs and rugs, was rejected at a UN wildlife meeting in Doha, Qatar, Thursday.
The Chilean government has updated the death toll from the Feb. 27 earthquake, saying 700 people lost their lives during or following the quake. Interior Minister Rodrigo Hinzpeter said just over 500 are confirmed dead, with another 200 missing.