
Japanese Prime Minister Taro Aso and Venezuelan President Hugo Chavez agreed Monday to deepen ties in energy, investment and trade, with Japanese companies ready to participate in gas and crude production in the Latin American country.

United States Secretary of State Hillary Clinton called on Monday for tighter regulation of Antarctic tourism as delegates from 47 countries began a review conference of the now 50-year-old Antarctic Treaty.

The consortium formed by Brazil’s government managed oil and corporation Petrobras (63%, operator) and Spain’s Repsol (37%) has delivered a Declaration of Commercial Viability for a light oil and gas discovery made in reservoirs located above the salt layer, in block BM-S-7, in the Santos Basin.

UK car sales fell by 30.5% in March, compared with the same month last year, the latest industry figures have shown. The number of new UK registrations in March was 313.912, down from 451.642 the year before, said the Society of Motor Manufacturers and Traders (SMMT).

Japanese Prime Minister Taro Aso announced a fresh spending plan of 100 billion US dollars to rescue the world's second-biggest economy from its deepest recession since the Second World War. The figure amounts to more than 2% of Japan's GDP, Finance Minister Kaoru Yosano told reporters Monday after meeting with Aso.

British Members of Parliament have been warned they face big changes in their system of pay and expenses as Housing Minister Margaret Beckett became the latest member of the Government to become embroiled in controversy.

During his first visit to a Muslim nation United States president Barack Obama said the US ”is not and will never be at war with Islam''. In an address to the Turkish parliament in Ankara on Monday, he called for a greater partnership with the Muslim world.

The G-20 summit decision to inject 1.1 trillion US dollars to the global economy to prop trade and overcome the financial collapse can be beneficial for Latinamerica but measures have to be implemented and proven efficient, according to experts from the region.

Britain’s HSBC bank shareholders have bought 96.6% of the new shares they were offered. Unlike many of its rivals, HSBC has not received government support, but it still needed some extra funding as a result of the credit crunch.

The Japanese government is planning to combat unemployment by sending back to their countries of origin 400.000 South American immigrants of Japanese stock. The idea is to pay them a small subsidy and a one way ticket to South America, an initiative that has generated some controversy in the Japanese press.