The International Olympic Committee has shelved an investigation into former FIFA head Joao Havelange after he resigned as an IOC member just days before an ethics hearing into his conduct, IOC President Jacques Rogge told reporters.
Uruguay announced on Monday filed to issue up to two billion dollars in new global bonds maturing in 2028 and to conduct a series of liability management transactions designed to further improve its external debt profile, including an exchange offer and a cash tender offer for certain of its outstanding debt securities.
Uruguay’s Vice-president Danilo Astori blasted Argentina’s protectionist and foreign exchange policies because they damage Mercosur, which is currently living its “worst possible moment”.
The Executive Secretary from the UN Economic Commission for Latinamerica and the Caribbean, ECLAC, Alicia Barcena said that the European crisis is beginning to be felt but nevertheless growth in the region will continue this year and in the coming twelve months at levels above 3.5%.
Cuba plans to enlarge to 40,000 hectares a Vietnamese-aided test farm to expand production of rice, official media said on Monday.