British Prime Minister David Cameron has welcomed a new report, which claims that for the Doha agreement to be successful, negotiations should be concluded in 2011.
The International Monetary Fund’s assessment that Brazil’s fiscal situation is worsening and putting at risk the government’s targets is “totally wrong” and “stupid,” Finance Minister Guido Mantega said.
A Spanish firm and two Argentine ones have been awarded tenders to build wind farms. Spanish Teyma and the Argentine Impsa and Fingano will invest around U$ 300 million in the project.
British holidaymakers wanting to go on a cruise are going to have to shortly pay more as UK based operators announced they are set to begin charging fuel supplements.
David Cameron and George Osborne have insisted they will stick to their spending cuts programme despite deepening economic gloom and renewed threats of co-ordinated strike action.
United Nations Secretary General Ban Ki-moon today called for “revolutionary action” to achieve sustainable development, warning that the past century’s heedless consumption of resources is “a global suicide pact” with time running out to ensure an economic model for survival.
The euro is not going through a crisis, although in some countries if the EU there are problems which must be solved, said the President of the European Central Bank Jean Claude Trichet. “There is no euro crisis. That is absolutely clear,” he added.
Chile’s Planning Minister Felipe Kast and Housing Minister Magdalena Matte met yesterday at Cerro Navia to announce the results of Chile’s Post Earthquake Survey (EPT). The survey’s aim was to measure the social impact of the February. 27, 2010, 8.8-magnitude earthquake on poverty, property, and psychological well-being in Chile.
Billionaire financier George Soros warned on Wednesday that Europe could potentially fall apart because of the two-speed Europe of haves and have-nots that is being perpetuated by the reform of the embattled euro.
Brazil’s booming economy registered record low unemployment in 2010 as a strengthening economy created jobs. The rate fell to a record low in 2010, as the country’s economy records the fastest growth since 1985.