The World Bank says due to rising sea levels and recurring storms, the beaches in most Caribbean nations have started to disappear. In a new report, the Washington-based financial institution said, in some areas of St. Vincent and the Grenadines, for instance, an estimated 18-30 meters of beach have been lost over the last nine years.
Cuba has implemented new rules that will restrict the personal importation of foreign goods into the country except where locally made items are expensive and scarce.
The Argentine Central Bank foreign reserves would be bolstered this year with up to 800 million dollars in Yuans transferred by China due to the first tranche of the money of the swap agreement signed between both countries, according to banking sources in Buenos Aires.
The location of the Falkland Islands new Historic Dockyard museum to be opened to the public next Friday, adds to its historical importance and incorporates three of the oldest buildings in the capital Stanley built in the 1840s. Store House Nº1 is the largest converted space and is known locally as the Central Store, the Black Smiths shop several other small buildings have also been renovated from their neglected states and converted into exhibition spaces.
After decades of planning, and a huge amount of dedication from the Falkland Islands Museum and National Trust (FIMNT) and supporters, the Falkland Islands’ new Historic Dockyard Museum is nearing completion. Approximately 100 invited guests attended the launch event on Saturday 6th September, and the building will be open to the public on Friday 12th September.
The amount of greenhouse gases in the atmosphere reached a record high in 2013 driven by a surge in the level of carbon dioxide, the World Meteorological Organization said on Tuesday, urging international action to combat climate change.
Argentine President Cristina Fernández praised on Tuesday the United Nations General Assembly approval of a project that proposes legal framework to regulate restructuring of foreign sovereign debt, saying “Argentina has set an international leading case” with the initiative.
The United Nations General Assembly voted overwhelmingly on Tuesday in favor of a legal framework that would help regulate restructuring of foreign sovereign debt, a project that was suggested by the Argentine government and presented before the assembly by the Group of 77 plus China.
The World Bank Group’s (WBG) Executive Directors discussed a new Country Partnership Strategy (CPS) for Argentina covering fiscal years 2015-2018 with financial commitments over the period expected to be in the range of 1 to 1.2 billion dollars per year plus 1.7bn for the private sector.
Moody's Investors Service lowered its outlook on Brazil's government bond rating to 'negative' from 'stable', saying the country's sustained low economic growth and worsening debt metrics reflected a risk of reduced creditworthiness.