The main aim of the UN climate summit at Durban, which began on November 28 and finishes on December 9, is to produce an agreement about targets for emissions by developed countries, and longer term targets from developing countries.
Peruvian Prime Minister Salomon Lerner said that China’s direct investments in the country would increase between 30% and 40% in the next two years. China became this year Peru’s main trade partner.
Members of the Union of South American Nations, UNASUR, need to improve cooperation and stimulate private investment to increase access to broadband services, a move that will lead to a reduction in costs and greater usage, according to two studies by the Inter-American Development Bank released at a meeting of UNASUR communication ministers.
The Inter-American Development Bank (IDB) became a signatory of the International Aid Transparency Initiative, a voluntary, multi-stakeholder effort to make information about aid spending easier to find, use and compare.
Euro zone ministers agreed on Tuesday to ramp up the firepower of their rescue fund but couldn't say by how much and raised the possibility of asking the IMF for more help after Italy's borrowing costs hit a Euro lifetime high of nearly 8%.
Standard & Poor's reduced on Tuesday its credit ratings on several big banks in the United States and Europe as the result of a sweeping overhaul of its ratings criteria.
Spain’s Conservative daily ABC diplomatic correspondent is predicting the demise of the Tripartite Forum, involving Spain, UK and Gibraltar, under Mariano Rajoy PP government expected to take office in mid December
Britain may be without a fully operational aircraft carrier until 2030, according to a report published by the Commons spending watchdog. The Public Accounts Committee (PAC) says two carriers being built will cost more, offer less military capability and be ready much later than planned.
Global temperatures in 2011 are currently the tenth highest on record and are higher than any previous year with a La Niña event, which has a relative cooling influence. The 13 warmest years have all occurred in the 15 years since 1997. The extent of Arctic sea ice in 2011 was the second lowest on record, and its volume was the lowest.
The Russian Ambassador has thanked the crew of the RAF Search and Rescue Flight, which included Prince William, for their attempts to rescue the crew of a sinking Russian cargo vessel this weekend.