The Bank for International Settlements (BIS) says banks have done their bit to help economic recovery and governments must do more. The Basel bases organization, known as the central banks' central bank says it is time for them to stop pumping funds into their economies.
Europe failed to agree on how to share the cost of bank collapses, as Germany resisted attempts by France to water down rules designed to spare taxpayers in future crises.
LAN Airlines and its affiliates and TAM Airlines, members of LATAM Airlines Group, were once again recognised as the Best Airlines in South America, receiving first and second place, respectively, according to World Airline Survey, conducted yearly by Skytrax, the prestigious English company dedicated to the world airline and airport industry.
Bolivia will join Mercosur without abandoning the Andean Community and will continue with negotiations for a cooperation and trade agreement with the European Union, announced in La Paz the Foreign ministers from Bolivia, David Choquehuanca and Luis Almagro from Uruguay which currently holds the group’s chair.
Suspended Paraguay will not return to Mercosur trampling on the institutions of the country or from the group, warned president-elect Horacio Cartes during an event at the Paraguay-US Chamber of Commerce. He emphasized that if there is no respect or abidance by the rule of the law, “we will remain as we are”.
Sierra Leone, member of the United Nations Special Committee on Decolonization maintained that the rights of the Islanders, present in the Falkland/Malvinas Islands for 180 years, should be paramount to any settlement and that self determination was the guiding principle of any resolution to the question. “There is no dispute that the people are the holders of the right to self-determination”.