Spanish Telefónica and Chinese operator Unicom agreed on Sunday to expand their alliance, both investing a further U$ 500 million in the other. Under the agreement, China Unicom could get a seat on Telefónica.
Around 250 sailors led crowds on a march through Portsmouth, to say a final farewell to the axed aircraft carrier HMS Ark Royal. Portsmouth is the Royal Navy flagship's home.
The Bolivian government has increased its military budget by more than 120% during the last decade, increasing 64% during President Evo Morales five years in office, according to a report compiled by Bolivian journalist, Ruy D’Alencar Delgado, published in El Deber newspaper.
Brazilian President Dilma Rousseff is trying to show she is different from former president Lula da Silva. Rousseff prefers strict rules and technical work as opposed to Lula’s political more relaxed way of governing.
The dynamics of the past few months regarding the price of oil, prime materials and food stuffs, worryingly reminds us of what happened to the world economy mid-2008. At the time the sky high price of oil – which reached U$147 a barrel - and the food crisis caused havoc.
Figures released by the Venezuelan Ministry of Energy and Petroleum said the average price of crude oil sold by Petroleras de Venezuela (PDVSA) rose this week to U$ 86.79 up from U$ 85.987 last week.
Senior representatives of the private sector, governments, and United Nations organizations will meet next March in the Principality of Andorra to analyze tourism and its key role in international economic growth and development at the Global Tourism Forum Andorra 2011 (March 6-7, 2011).
The German Government has ordered an investigation into a reported muting on their training ship the Gorch Fock, which is said to have taken place last year. The Gorch Fock tall ship was ordered to dock in the Argentine city of Ushuaia early on Friday to await experts, after reports of a revolt in November.
US President Barack Obama has decided to run his re-election campaign from his native Chicago, in the hope of recreating the 2008 winning formula.
An Argentine and a Spaniard were reunited with their families in Mendoza city today after having been rescued from the Aconcagua mountain in Mendoza province, on the border with Chile overnight.