
A free trade agreement to be signed by China and Peru in March will go into effect in the second half of 2009, if everything goes as planned, the Chinese Ministry of Commerce announced.

Several hundred demonstrators gathered outside of Endesa's Santiago headquarters Wednesday evening to protest the Spanish-Italian electricity company's plans to build a huge hydroelectric complex in Chilean Patagonia.

Mercosur senior members, Argentina and Brazil agreed to sponsor an increase in the common external tariff (AEC) on several products from third countries, during a meeting Monday of the Bilateral Trade Monitoring Committee held in Buenos Aires

The global financial crunch, rapidly becoming a threatening full fledged international recession will be addressed Monday in Montevideo, Uruguay by Mercosur leaders.

Mercosur country members are in a more solid position to face the global financial crisis that rich nations, said Brazilian president Lula da Silva who nevertheless called for a stronger trade links among its members.
Unemployment in the United States during October rose to 6.5%, totalling 10 million jobless and the highest rate since March 1994, according to the latest release from the US Labour Department.
The General Assembly and the Security Council elected this week five judges to serve nine-year terms on the International Court of Justice (ICJ), the principal judicial organ of the United Nations, starting early next year.

Barack Obama promised a new dawn of American leadership as he delivered his victory address in front of 100,000 people in Chicago's Grant Park after being elected as America's first black president.
Millions of Americans will bring in a new era of United States' politics as they cast their votes in the most expensive presidential election in history.

The Mayor of Gosport Councillor Derek Kimber recently received three special visitors to the Parlour, three gentlemen who might, a few years ago, have come very close to crossing paths with the Mayor, but in very different circumstances.