Brazil has said a request to halt work on its massive hydro-electric dam in the Amazon rainforest is unjustified despite environmental concerns. Brazil's foreign ministry was responding to the request by the Inter-American Commission on Human Rights.
Members of the US Federal Reserve are in sharp disagreement about how to address rising prices. The bank might need to tighten the reins on the economy before the end of the year to stave off inflation, said some members of the central bank's policy-setting body.
Foreign Affairs minister Hector Timerman met Wednesday with United Nations Secretary General Ban Ki-moon and reiterated Argentina’s sovereignty claim over the Falklands/Malvinas and other South Atlantic Islands this time reinforced with a formal request from the Union of South American Nations, Unasur leaders in support of Argentina’s “historic and legitimate rights”.
The increase in the Mexican IMEF manufacturing index last month suggests that the industrial sector has continued to benefit from stronger demand in the US, points out Capital Economics.
Spain’s Instituto Cervantes for the promotion of Spanish language and culture opened this week its doors at Cloister Building in Gibraltar. The local director of the institute, Francisco Oda said that the centre was ready to welcome everyone now that it had moved to its home in Market Lane.
Argentina’s government is opening a new path to Tierra del Fuego that will give travellers, who once had to pass through Chile to reach the southernmost tip of the continent, the option of skipping Chile altogether.
The UK Government has announced it is to increase funds for South Georgia and the other UK Overseas Territories. On March 10th the UK Secretary of State for Foreign and Commonwealth Affairs, William Hague, announced the increase of the Overseas Territories Programme Fund to £7m per year and a special one off payment of £1 million to GSGSSI this year, reports the March edition of South Georgia Newsletter.
Operations of a joint stock market linking Chile, Colombia and Peru are scheduled to begin May 30. The group, known as the Integrated Latin American Market, or Mila, said Tuesday that the decision was taken following two rounds of successful testing.
Ecuador is expelling the U.S. ambassador over a 2009 diplomatic cable released by WikiLeaks in which the diplomat accused the country’s former police chief of corruption.
Venezuela's nationwide consumer price index (NCPI), prepared by the Central Bank of Venezuela (BCV) and the National Statistics Institute (INE), showed a 1.4% increase in March 2011 compared to February 2011.