Ms. Nemat Shafik, a national of Egypt and the UK has been nominated to the position of Deputy Managing Director of the International Monetary Fund. She will succeed Mr. Murilo Portugal, who resigned effective March 4, 2011.
President Barack Obama will nominate Commerce Secretary Gary Locke, who this year criticized China for not opening its markets, as next US ambassador to Beijing, two administration officials said.
Chile’s President Sebastian Piñera visited both sides of the hotly contested Israeli- Palestine border this weekend. He reasserted his support for an independent Palestinian state, but fell short of formally recognizing the pre-1967 borders.
The number of people who see Brazil as having a positive influence in the world is rising rapidly, according to a BBC World Service poll of 27 countries. The country is regarded positively by 49%, compared with 40% last year - the largest jump by any of the 16 nations respondents are asked to comment on.
Scheduled to arrive in Stanley, Falkland Islands on Saturday are members and supporters of Rugby Without Borders Foundation, an Argentine non-profit organisation aimed at using sport as a way of reaching out to people and creating friendship, love, trust and peace.
Work on the Belo Monte giant hydroelectric dam complex in the Amazon, which has generated much controversy in Brazil because of its environmental impacts, officially began Monday, (in spite of Carnival celebrations) according to the Norte Energia consortium.
Some thieves took pity on their victims and returned a puppy taken along with other loot from a house on the outskirts of Buenos Aires, the Argentine press reported.
China, normally contrary to releasing unemployment figures, has admitted to having a “labour surplus” of 32 million workers, according to Human Resources and Social Security minister Yin Weimin.
Foreign Affairs minister Hector Timerman renewed Argentina’s claims over the disputed Falklands/Malvinas this time before the new authorities of the G-24 or UN Decolonization Committee, who according to Argentine sources rejected “all forms of colonialism and occupation”.
Argentina, similar to other Latin American countries, is increasing its defence budget at a robust pace, according to Research and Markets, a defence procurement news agency based in Alabama.