OPEC oil producers on Wednesday sealed their first new production limit in three years in a deal that settles a 6-month-old argument over output levels firmly in Saudi Arabia's favour.
Venezuelan President Hugo Chavez has launched new social programs including hikes in pensions and a 100 dollars a month cash payment for needy children as he prepares for his re-election bid next year.
Britain's royal family will tour the globe next year to celebrate Queen Elizabeth II diamond jubilee marking 60 years on the throne, Buckingham Palace announced on Wednesday.
The European Court of Auditors, evaluating whether EU measures have contributed to adapting the capacity of EU fishing fleets to available fishing opportunities concluded that current measures have “failed” mostly blaming the ongoing overcapacity of the fishing fleet.
Brazil’s Marco Polo one of the world’s largest manufacturers announced on Tuesday it had purchased a 75% stake in the Volgren Australia bus building industry an operation involving 53 million dollars.
The so called ‘progressive’ Latin American governments not only did they not support the revolution wave later known as the “Arab Spring” but openly and repeatedly backed the regimes against which the peoples of those countries rebelled.
A few hours before Truckers’ Day to be celebrated at a soccer stadium and in the midst of the dispute with the Argentine government, the leader of organized labour CGT, Hugo Moyano again challenged President Cristina Fernandez saying that inflation to discuss wages is that of the supermarkets.
United States continues to dialogue with Venezuela, Bolivia and Ecuador, countries where it has no ambassadors in an attempt to normalize relations, said State Department spokesperson Victoria Nuland.
Argentine Lower House opposition lawmakers announced on Tuesday that inflation in November had reached 1.44%, accumulating so far this year, 22.63%. The so called ‘Congressional index’ is an average of the estimates from private consultants who face heavy fines if they make public their numbers.
Argentina’s Ministry of Industry announced Tuesday an investment of 30 million dollars for the manufacturing of mini-components, notebooks and LCD television sets in the province of Tierra del Fuego, extreme south of the country.