The world’s economic leaders need to “rebalance” their thinking as well as their economies. Fiscal and monetary policies have dominated. That makes sense to a degree: decisions on deficits, debt and the Euro zone this autumn may well determine whether the global economy slides deeper into danger, or begins the long climb back.
Palestinian negotiator Nabil Shaath said on Sunday that an estimated 140 countries will recognize an independent Palestine State in the United Nations at the end of the month when the international request is formally presented.
The United States has written to Switzerland to demand it hands over detailed information this week on its citizens using Swiss accounts to dodge tax or see Credit Suisse and nine other banks face charges, newspapers reported.
IMF chief Christine Lagarde said in an interview released that Europe and the United States should consider stimulating economic growth, if the situation permits, to offset a crisis of confidence hitting the global economy.
Former International Monetary Fund chief Dominique Strauss-Kahn has left his New York home to return to France. Mr Strauss-Kahn, his wife Anne Sinclair and his daughter left their rented house Saturday afternoon and later arrived at New York's JFK airport
A new book about the darker side of Latin-American politics alleges some disturbing dealings between Argentina and Hitler’s cronies.
A United States congresswoman running a surprising strong campaign for the Republican presidential nomination has compared herself to ex-British Prime Minister Margaret Thatcher in a foreign policy speech aimed in part at convincing US veterans that she would make a strong commander in chief.
China appealed the World Trade Organization's finding in July that its export controls over raw materials including coke, zinc and magnesium violate global trading rules.
Montevideo figures in position 65 in the world ranking of most liveable cities elaborated by The Economist Intelligence Unit, (EIU) and which was released this week. Only Buenos Aires and Santiago figure ahead of the Uruguayan capital in positions 62 and 63 as the most liveable cities in South America.
Two major Arctic Ocean shipping routes have opened simultaneously for only the second time since satellite observation began in the 1970s, researchers say.