Uruguayan president Jose Mujica described the newly formed CELAC as a strong step towards the Americas ‘second independence’ and its integration process.
French President Nicolas Sarkozy and German Chancellor Angela Merkel meet on Monday in Paris the kick off for a round of talks involving European leaders, the European Central Bank (ECB) and US Treasury Secretary Timothy Geithner, culminating in Brussels on Friday with an EU summit.
Former FIFA president Joao Havelange resigned from the International Olympic Committee on Sunday, just days before he was to face an ethics inquiry it was reported by the Sao Paulo press.
Brazil’s Labor and Employment Minister Carlos Lupi resigned Sunday, the sixth Cabinet member to leave President Dilma Rousseff’s government since June amid corruption allegations.
US corporation Bausch & Lomb Inc. has acquired all shares of Laboratorio Pfortner Cornealent SACIF in Argentina, the Rochester based company’s officials announced although details of the sale were not disclosed.
A major controversy exploded in Uruguay when President Jose Mujica was pictured by international news agencies, during the CELAC meeting in Caracas, wearing a green jacket from the Venezuelan Army.
Chinese president Hu Jintao was the first to congratulate the newly formed CELAC and expressed Beijing’s wishes to strengthen trade relations, cooperation and political understanding with the region.
Brazilian president Dilma Rousseff was elected “Woman of the Year” by one of Brazil’s leading magazines, Istoé, which describes the leader as “one of the most influential persons in the world” who also conducted the country to “a superior level”.
Ten years ago this week, Jim O’Neill, chairman of Goldman Sachs Asset Management, coined the term BRIC, elevating the profile of four countries, Brazil, Russia, India and China, that he thought were poised to become “growth economies.”
The new Latin American and Caribbean organization backed Argentina's claim to sovereignty over the Falkland Islands and slammed US sanctions on Cuba at the end of a two day summit in the capital of Venezuela, hosted by President Hugo Chavez.