Integrated Peruvian, Chilean and Colombian stock-exchange operations are set to begin November 22 announced the president of Peru's stock exchange Roberto Hoyle who said that the integration would attract investors and increase competitiveness .The integration will be an important step to increasing attractiveness and competitiveness, as well as greater capital flows, said Hoyle.
Chilean exporters associations of farmers and manufacturers announced they will be requesting government intervention in the foreign exchange market because the “cheap” dollar is threatening their competitiveness edge and profits.
Credit rating agencies need tighter supervision because their activities have a strong impact on funding costs for debt issuers and can affect financial stability, the International Monetary Fund said.
The Food and Agriculture Organization, FAO, forecasts that beef will become an extremely luxury good world wide by 2050 because of soaring production costs.
Soaring carbon emissions from a meat-hungry developing world could be cut back substantially by improving animal breeds and feed, according to a study. Demand for livestock products is predicted to double by 2050 as a result of growing populations, urbanisation and better income in the developing world, leading to rise in emissions from the industry.
United States astronomers have found a new, potentially habitable Earth-sized planet. It is one of two new planets discovered around the star Gliese 581, some 20 light years away, report the Carnegie Institution and the Santa Cruz, University of California.
FIFA the international federation of associate football will implement as of next October first a new computerized system of players’ transfers geared to establish a greater control and help combat money laundering and corruption.
A suspected smuggler was removed from Gibraltar territorial waters by the Spanish Guardia Civil following physical scuffles and a tense stand-off with the Gibraltar police. The incident was described as “very serious” and Gibraltar’s Chief Minister Peter Caruana warned that it could undermine the efforts of the Trilateral Forum to cooperate on law enforcement issues.
Germany will finally pay off the last of its debts from World War One next Sunday, on the 20th anniversary of German reunification. Germany's federal office for central services and unresolved property issues (BADV) said a bond issued to pay remaining debts stemming from the conflict would mature on Oct. 3, two decades after West and East Germany united.
President Hugo Chávez's Venezuela’s United Socialist party just beat a newly united opposition bloc for the popular vote at Sunday’s legislative election that split the country down the middle, final official results showed.