Members of the Union of South American Nations, UNASUR, need to improve cooperation and stimulate private investment to increase access to broadband services, a move that will lead to a reduction in costs and greater usage, according to two studies by the Inter-American Development Bank released at a meeting of UNASUR communication ministers.
The Inter-American Development Bank (IDB) became a signatory of the International Aid Transparency Initiative, a voluntary, multi-stakeholder effort to make information about aid spending easier to find, use and compare.
Euro zone ministers agreed on Tuesday to ramp up the firepower of their rescue fund but couldn't say by how much and raised the possibility of asking the IMF for more help after Italy's borrowing costs hit a Euro lifetime high of nearly 8%.
Standard & Poor's reduced on Tuesday its credit ratings on several big banks in the United States and Europe as the result of a sweeping overhaul of its ratings criteria.
US judge rejected this week a 285m dollars settlement between Citigroup and Wall Street's regulator, the SEC, over the sale of toxic mortgages.
Spain’s Conservative daily ABC diplomatic correspondent is predicting the demise of the Tripartite Forum, involving Spain, UK and Gibraltar, under Mariano Rajoy PP government expected to take office in mid December
Britain may be without a fully operational aircraft carrier until 2030, according to a report published by the Commons spending watchdog. The Public Accounts Committee (PAC) says two carriers being built will cost more, offer less military capability and be ready much later than planned.
US Harvard University engineers have built a limbo-dancing robot that can squeeze under obstacles in its path for search and rescue missions.
Ecuador's Tungurahua volcano (‘throat of fire’ in indigenous Quechua language) spewed red-hot rock and ash Tuesday as officials upgraded their eruption warning level to orange and some at-risk communities began evacuations.
Mexico celebrated as mariachi music was named to UNESCO's list of intangible cultural heritage in need of preservation. The Mexican music was among the new entries chosen by envoys at a meeting in Indonesia to be inscribed on the UN cultural agency's list of intangible heritage items.