Even when the Chilean ruling coalition presidential candidate Socialist Michelle Bachelet won nearly 46% of the vote last Sunday, the warning factor is that for the first time since 1989, when Chile returned to democracy, the conservatives garnered more votes almost 49%, which is crucial for the run off next January 15.
Ministers from 149 members of the World Trade Organization (WTO) gathered in Hong Kong Tuesday afternoon to open the Sixth Ministerial Conference in a new bid to push forward the stalled Doha Round trade talks.
The ruling coalition candidate Socialist Michelle Bachelet led Chile's presidential elections on Sunday but will have to face a tight run-off with a conservative rival in January when she could become the country's first woman president.
Ministers at the climate change conference in Montreal managed several last minute breakthroughs in plans to combat global warming, basically extending the treaty on greenhouse emissions reductions beyond the 2012 deadline.
International Monetary Fund's chief economist, Raghuram Rajan called on the 148 country members of the World Trade Organization, WTO, to show more flexibility so an agreement can be reached this week in the Hong Kong ministerial meeting.
Stronger leadership is essential if corruption is to be defeated, says Huguette Labelle, the new Chair of Transparency International, during the commemoration of the International Anti-Corruption Day on 9 December, two years after the historic signing of the United Nations Convention against Corruption in Merida, Mexico.
Venezuelan President Hugo Chavez last Saturday added Paraguay to its accessible energy supply scheme which will entitle the landlocked South American Mercosur member to defer 25% payment of the oil bill.
The Argentine Fisheries Federal Council authorized high seas licenced vessels to catch Illex squid outside the 200 miles Exclusive Economic Zone, EEZ.
Just a couple of days ahead next week's make-or-break World Trade Organization meeting in Hong Kong, where a final push will be made to reach an agreement to liberalize agricultural trade, the FAO warned that the benefits of trade reform may not reach the poor unless urgent complementary policies and investments are made.
Venezuelan president Hugo Chavez officially signed Friday in Montevideo, Uruguay, the incorporation of his country as a Mercosur full member and called for a more political block with a greater input of strategic planning.