The ranks of millionaires expanded by 12% in 2010, to about 12.5 million, led by Singapore, as gains in financial markets lifted global wealth for a second straight year, the Boston Consulting Group said.
Past voluntary debt re-profiling in Latin America have worked to varying degrees, but soft restructuring is not going to solve Greece's debt problems, according to Stuart Culverhouse, chief economist of frontier markets specialist Exotix.
The deadly new strain of Shiga toxin-producing Escherichia coli (STEC) (E.coli) that is capable of spreading from person to person has now been detected in at least 12 countries, the World Health Organization said on Friday.
Falkland Islands Members of the Legislative Assembly Roger Edwards and Dick Sawle will be in New York June 21 to attend the United Nations Committee of 24 sessions and later will meet US and Canada officials in Washington and Ottawa.
The Falkland Islands are determined to exercise their right to self determination and to remain a British Overseas Territory, a message to the international community that tells of the success story of the Falklands in spite of the attempts by the government of Argentina to impede sectors of the economy, said Falklands’ elected legislator Roger Edwards addressing a UN seminar on eradication of colonialism.
The Korean fishing group Insung signed this week an letter of intent with a Brazilian consortium for the construction of a ship yard in the Rio Grande/Pelotas area , state of Rio Grande do Sul, which could cater to the Korean fishing vessels operating in the “Falklands/Malvinas” area.
China’s Vice-president Xi Jinping and tipped as a leading candidate to succeed President Hu Jintao will be visiting Uruguay June 7 to 9 as part of a tour that includes Italy, Cuba and Chile.
Petroleos Mexicanos; Pemex, sued 11 US firms over claims they helped Mexican drug cartels smuggle and re-sell more than 300 million USD in natural gas liquids stolen from Mexico’s northern oilfields into the U.S.
Argentine president Cristina Fernandez de Kirchner invited Italian business-people to invest in Argentina underlining the close links between the two countries and the fact her visit was the re-launching of normal relations after a decade.
Sepp Blatter was re-elected on Wednesday unopposed for a fourth term as FIFA president, shrugging off the scandals that have hit world soccer's governing body to secure another four years in charge.