China will attempt to counterbalance the drop in exports to the European Union and the United States concentrating in emerging markets such as Latin America and Asia, said on Wednesday Wang Shouwen, head of International Trade from the Beijing Ministry of Trade.
China and Bolivia have agreed to strengthen military relations which are a continuation of the “excellent links in other fields”, according to an official press release in Beijing
The winner of the Nobel Prize in economics says that a decade ago he feared the Euro would face problems because there wasn't enough fiscal coordination between countries to support it.
The UK has protested to Argentina over its interception of Falkland Islands-licensed fishing boats, mainly Spanish in disputed South Atlantic waters and in the River Plate when they approach the port of Montevideo.
US Treasury Secretary Timothy Geithner threw his weight on Tuesday behind a Franco-German plan to tackle the Euro zone's sovereign debt crisis and said the European Central Bank had to play a major role in any solution.
German Finance Minister Wolfgang Schaeuble said Standard & Poor’s downgrade warning for 15 Euro- area governments will spur European leaders to double efforts to resolve the debt crisis at the Dec. 8-9 summit.
The potential of India for Latinamerican exports and investment opportunities was underscored during the presentation of a report “India and Latin America and the Caribbean, opportunities and challenges in trade and investment relations” sponsored by the UN Economic Commission for Latin America and the Caribbean, ECLAC.
The Tripartite Forum which includes Spain, UK and Gibraltar is dead and the incoming Conservative government of Mariano Rajoy is not willing to accept Gibraltar as a third party in sovereignty talks over the disputed British Overseas Territory.
The International Olympic Committee has shelved an investigation into former FIFA head Joao Havelange after he resigned as an IOC member just days before an ethics hearing into his conduct, IOC President Jacques Rogge told reporters.
A luxury sports car outing in Japan has ended in what may be one of the most expensive car crashes in history. Eight Ferraris, three Mercedes-Benzes, a Lamborghini and two other vehicles were involved in the pile-up in the southern prefecture of Yamaguchi.