
Slumping oil prices are beginning to bite into the government budgets of many OPEC members generating different opinions regarding supply and price policies, according to the latest report from an oil energy investment dealer based in Calgary, Canada's oil capital.

The Paris Club of creditor nations disclosed this week for the first time ever how much it is owed world wide, --330 billion US dollars--, with Cuba, Argentina and Peru top of the list in Latinamerica.

A three-year extension to the United Kingdom de-mining program, which will continue vital work to reduce the number of casualties caused by land mines and cluster munitions across the globe, was announced by International Development Secretary Douglas Alexander
Russia has re-opened its market for meat products from an Argentine and a Paraguayan company and banned such imports from five Australian companies, the veterinary watchdog Rosselkhoznadzor said in a statement.

Greenland voters overwhelmingly support a plan to give their country more autonomy from Denmark, official results of a non-binding referendum showed Wednesday.

OECD countries have reaffirmed their commitments on aid to developing countries and undertaken to abstain from trade protectionism, as part of a concerted drive to shore up the world economy and combat recession.

The British government began its identity card program for foreign nationals this week, six years after heated debate over whether the costly plan is an effective tool against terrorism, identity theft and welfare fraud.

Greenhouse gases, which drive global warming, continue to increase and carbon dioxide concentrations reached their highest level ever in 2007, according to a publication released Wednesday by the United Nations World Meteorological Organization, WNO.

The Citicorp rescue effect which had markets soaring in Europe and United States also impacted in Latinamerica. Brazil's Bovespa was up 9.8% on Monday recovering most last week's losses and the Mexican IPC rose 7%.
The World Bank forecasts that China's GDP growth rate will be around 7.5% in 2009, down from 9.4% in 2008 and 11.9% in 2007.China's export growth is likely to be low in 2009 – around 3.5% (in real terms) compared to 11% in 2008.