
The Chilean presidency Secretary General Eva Von Baer reterated this week that the Chilean Executive “fully supports the dialogue between both sides, the state of Israel and Palestine, and we support the continuation of such dialogue, and from that dialogue the creation of an independent Palestine state”.

Chinese Vice Premier Li Keqiang has said Beijing is willing to buy about Euro 6 billion worth of Spanish public debt, Spanish newspaper El Pais reported on Thursday, citing government sources.

China has confidence in the Spanish financial market and will continue buying bonds issued by Spain’s government, Beijing’s Deputy prime minister said in an op-ed published in Madrid daily El Pais.

Overwhelmed by the rapid spread of foot and mouth disease FMD the South Korean government announced that it will vaccinate pigs, cows and all other cloven hoofed animals. The decision came after the highly contagious virus has turned into a nationwide epidemic, with livestock farms in the eastern province of Gangwon falling victim to the deadly disease.

Gold closed 2010 with its strongest annual performance since 2007 and marking a fifth straight month of gains in December, driven by a weaker dollar and global economic uncertainty.

Chancellor Angela Merkel stressed Germany's commitment to the Euro in her New Year message to the country last week.

China and Spain signed this week business deals worth 7.5 billion US dollars, a welcome boost for Spain's recession-hit economy. Visiting Vice-Premier Li Keqiang also vowed to help Europe overcome its debt crisis (and support the Euro), as he started his three-nation European tour.

The year 2011 will be economically challenging and painful, European Commission President Jose Manuel Barroso warned this week. After two years of economic recession, Barroso expects a difficult year ahead and underlined the need for Europe to make progress on economic governance and policy coordination.

Europol’s new iOCTA* report examines how EU citizens are risking their personal identities, privacy and computer data through the use of social media tools which are increasingly a target for cybercriminal activity.

Chile's LAN has announced an agreement with the Australian budget airline, Jetstar, owned by Quantas airways.