UK BAE Systems has secured a two year extended agreement with Chilean ship build and repair organisation ASMAR to provide support to the country's navy Type 22 and Type 23 frigates in a move that is set to enhance Chile's naval capability.
The Euro has fallen against the dollar and major European markets have dropped sharply, a day after ministers agreed a bail-out for the Irish Republic. On Sunday, European ministers reached agreement over a bail-out worth about 85bn Euros.
Belgium has joined Portugal, Spain and Italy on the hit list of countries that may be heading for financial crisis. Like Ireland, struggling to fend off criticism of its austerity package, there are signs that international bond investors are starting to view Belgium as living on borrowed money and borrowed time.
United States secret diplomatic messages released Sunday through WikiLeaks reveal that Brazilian authorities arrested “several suspects allegedly involved in terrorism financing activities”, but basically accused them of different charges “so as not attract attention from the press or high government levels”.
International delegates have adopted new protections for seven species of shark but rejected ones for bluefin tuna, signaling that fisheries managers are willing to safeguard some of the world's most threatened marine predators but not others.
European ministers reached Sunday an agreement over a bail-out for the Irish Republic worth about 85 billion Euros. The deal will see 35bn euros go towards propping up the Irish banking system with the remaining 50bn euros to help the government's day-to-day spending.
Japan's parliament has passed a stimulus package worth about 61billion US dollars, designed to kick-start the country's fragile economic recovery. The government had already introduced several stimulus packages.
Russia is interested in purchasing 3 million tons of Argentine animal feed corn to supply its domestic market following the catastrophic drought and fires suffered by the country during summer months in the northern hemisphere.
Repsol YPF SA, Spain’s biggest oil company announced it filed a request with the U.S. Securities and Exchange Commission to be able to sell shares representing as much as 15% of its Argentine unit YPF SA.
A Mexican distillery from the state of Jalisco revealed Thursday what is believed to be the most expensive bottle of tequila in the world, estimated in 3.5 million US dollars.