Brazil’s net debt fell in September to its lowest level since 1997, as a 15% decline in the real last month boosted the value of the country’s near-record 353 billion dollars in foreign currency reserves.
Japan sold the Yen for the second time in less than three months after it hit another record high against the dollar Monday, saying it intervened to counter excessive speculation that was hurting the world's No. 3 economy.
The US Government confirmed that president Barack Obama is scheduled to meet privately with President Cristina Fernández on Friday. The meeting will take place in Cannes, France one day after the G20 Summit begins.
The worsening of the world crisis is a factor that plays in favour of advancing negotiations for the European Union and Mercosur cooperation agreement and strategic association, said Socialist Euro Deputy Luis Yañez from Spain currently visiting Montevideo.
Venezuela’s Hugo Chavez has ordered the expropriation of 290.000 hectares (716.590 acres) belonging to a British-owned company amid a disagreement over compensation for earlier takeovers of ranchland from the firm.
The Organization of American States, OAS, faces a financial ‘crisis’ warned Monday Secretary General Jose Miguel Insulza after country members approved the 2012 budget totalling 85.3 million dollars, with no increase over the current level of expenditure.
A set of stamps created by Falkland Islands artist Tony Chater entitled Penguins, Predators and Prey will be released on November 16.
The full gamut of the Royal Navy's abilities was on show in the Solent last week, during a series of high-profile action-packed demonstrations. The Solent separates the Isle of Wight from mainland England and is the access to Southampton.