Secretary of State Hillary Clinton said Wednesday that Al Jazeera is gaining more prominence in the US because it offers “real news”--something she said American media were falling far short of doing.
Football's governing body FIFA said Thursday that they had achieved a profit of 631 million US dollars over a four year period starting 2007. FIFA revenue during this period was 4.189 billion USD, while the expenses amounted to 3.558 billion USD, the organisation said in a statement.
The Paraguayan government announced Thursday it will insist with the Congressional approval of Venezuela’s incorporation to Mercosur, which remains stalled at the country’s Legislative branch.
The president of the European Central Bank has said that a rise in Euro zone interest rates was possible at its next policy meeting in April. Jean-Claude Trichet said the ECB was in a posture of strong vigilance against rising inflation.
A top Bolivian security official pled not guilty in a Miami federal court Wednesday on charges of conspiring to smuggle cocaine into the U.S., in a scandal that has rocked the government of Evo Morales and provoked a wide-ranging police crackdown.
Brazil Wednesday central bank decision to raise interest rates by 50bps to 11.75% was widely expected but significant for two reasons, according to a report from Capital Economics .
Global food prices increased for the eighth consecutive month in February, with prices of all commodity groups monitored rising again, except for sugar, FAO said on Thursday. FAO expects a tightening of the global cereal supply and demand balance in 2010/11
Brazil grew at its fastest pace in 24 years in 2010, expanding 7.5% on strong consumer demand but other complementary data also showed the economy is feeling the strains of overheating.
The International Association of Antarctic Tour Operators, (IAATO) in a statement released Thursday called the incident of the Norwegian yacht Berserk that went missing in Antarctic waters last week ‘tragic’ but also underlines the vessel did not have proper authorization or permits for their expedition and fully supports Norwegian prosecuting authorities for their investigation into the case.
Food price volatility has increased in recent months and will remain high for the time being, according to a joint bulletin launched today by ECLAC, FAO and IICA.