British Prime Minister David Cameron insisted on Thursday he was not turning his back on Europe as the global elite at the annual Davos meeting gave his referendum plans a frosty reception.
The government of the Falkland Islands has made a transfer of over 8 million pounds (£ 8.274 million) to the new Oil Development Reserve, a first step towards a ‘Sovereign Wealth Fund’ based on the Norwegian model it was explained at this week’s meeting of the Standing Finance Committee.
Gibraltar Chief Minister Fabian Picardo had the opportunity to meet the President of the United States Barrack Obama during his five-day visit to Washington, No 6 said on Wednesday.
France, Germany and nine other European Union states side-stepped British opposition this week and won approval for a tax on financial transactions, it emerged on Wednesday.
Monsanto the world’s biggest seed company agreed to waive two years of royalties on its Roundup Ready soybean seeds for Brazilian farmers who agree to forgo claims in a patent dispute.
Paraguay’s health authorities have reported that sixteen people have died of dengue disease since the beginning of the year, ten directly infected and the other six as a consequence of other complications.
The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena called for “a more symmetrical, balanced and equitable relationship with Europe” during the first CELAC/EU academic summit in Santiago de Chile.
Brazilian and European leaders called on Thursday for the speedy conclusion of a free trade and cooperation agreement between the European Union and Mercosur. The call for action was made as Brazilian President Dilma Rousseff hosted European Council President Herman Van Rompuy and European Commission President Jose Manuel Barroso.
Brazilian President Dilma Rousseff announced this week a deeper-than-expected cut in electricity rates, hoping to contain a recent spike in inflation, give manufacturers a boost and prop the flat economy.
The government of President Cristina Fernandez implemented a new system whereby mayors will be able to directly apply for financial assistance for their districts, thus bypassing governors. Earlier in the week the most outstanding governor and (political ally) Daniel Scioli from Buenos Aires province had formally requested reconsideration of the tax sharing program.