Europe's finance ministers agreed Monday how to help Greece in its battle to control its finances. After a meeting in Brussels, they revealed few details, except that they had ruled out any loan guarantees.
Brazil expects a new free trade agreement with Israel to swell bilateral trade to more than 3 billion US dollars within five years, officials said on Monday. Trade between Israel and Brazil slipped below 1 billion USD in 2009 from a peak of 1.6 billion USD in 2008 -- 1.2 billion USD of which were Israeli exports -- due to the global economic crisis.
Rio Tinto Alcan, a unit of global mining giant Rio Tinto formally presented on Monday plans to invest 2.5 billion US dollars in an aluminium smelter in Paraguay, according to corporation and Asuncion sources.
British Airways says 60% of its customers will be able to keep their travel plans during planned strikes by cabin crew. Industrial action is set to begin with a three-day walkout from Saturday March 20, followed by a four-day stoppage from Saturday March 27.
A team of Argentine researchers from the National Technological University of Mar del Plata (UTN) is working on a research project to produce bio-diesel from marine micro-algae, with the aim of developing economically viable and environmentally sustainable processes.
Brazilian president Lula da Silva allegedly referred to Iranian president Mahmud Ahmadinejad and Venezuelan president Hugo Chavez as “nutty” leaders which must be kept under control through close links, reports the Brazilian newspaper O’Globo.
In the week of the 18th anniversary of the terrorist attack on the Israeli embassy in Buenos Aires, the Israeli government claims to have identified the intellectual and material perpetrators of the bombing which left 29 dead, 242 wounded on March 17th, 1992.
The president of Canada Beef Export Federation says the country's 17th case of mad cow disease has not affected markets. The beef cow was born in 2004 in Alberta, and the fatal degenerative brain disease was confirmed on Feb. 25, the Canadian Food Inspection Agency reported on its website.
Spanish ports reported growth in cruise passenger numbers last year, despite the impact of the economic downturn on the country’s tourism sector. The country’s state-owned ports handled just over 6 million passengers last year, a 3% increase over figures for 2008.
The Port of Gibraltar is participating of the 26th edition of the Seatrade Cruise Shipping Convention, which opened at the Miami Beach Convention Centre in Florida. The international exhibition and conference is recognised as the leading cruise industry event.