Highly indebted, without access to capital, viewed suspiciously by creditors, that was Germany in 1953. Half the country's debts were canceled 60 years ago this week, the foundation of the economic miracle.
Britain went to war over the Falkland Islands over thirty years ago when the Argentine military invaded the Islands, but the issue of sovereignty disputed by Argentina has never really gone away. Germany’s Deutsche Welle looks at the current UK government's policy towards the Falklands and the coming referendum, in an interview with Klaus Dodds, Professor of Geopolitics at Royal Holloway, University of London.
The bilateral memorandum of understanding, MOU, between Argentina and Iran to investigate the 1994 AMIA bombing was cleared for debate by the Lower House committees on Tuesday and will be discussed on Wednesday at the floor. Foreign Minister Hector Timerman clashed with opposition lawmakers during his briefing over the case.
Brazil’s inflation will slow in the second half of the year as the country produces a bumper crop of grains and the Real doesn’t weaken as it did last year, central bank President Alexandre Tombini said.
Japan's fisheries minister said Tuesday his country will never stop hunting whales, despite fierce criticism from other nations and violent clashes at sea with militant conservationists.
Another setback for Monsanto in South America: the Argentine province of Córdoba justice system ordered the suspension of the construction of a corn seed-drying facility in the district of Malvinas Argentinas, 14 kilometres outside the capital city of Córdoba.
Astronomers from Colombia have traced the origin of a meteor that injured about 1,000 people after breaking up over central Russia earlier this month.Using amateur video footage, they were able to plot the meteor's trajectory through Earth's atmosphere and then reconstruct its orbit around the Sun.
In an advance of the coming 43rd OAS General Assembly to be held in Antigua, Guatemala next June the country’s Foreign Affairs minister Luis Fernando Carrera Castro presented before the OAS Permanent Council an issue that is gaining support in the continent, “Alternative Strategies for Combating Drugs”.
Jack Lew won the Senate Finance Committee’s approval to become US Treasury secretary and a full vote in the upper house confirmed Chuck Hagel as the next US defense secretary. The Senate approved the nomination Tuesday in a vote of 58 to 41.
Interpol Environmental Crime Program, with support from the Pew Charitable Trusts, the Norwegian Ministry of Foreign Affairs and the Norwegian Agency for Development Cooperation, this week announced the beginning of a massive global movement -- Project SCALE -- to cull illegal fishing and associated crimes.