Japan is attending the Mercosur summit in Paraguay with an eye on proposing the launch of a dialogue to boost bilateral economic relations and explore the possibility of signing a free trade agreement, reports the Japanese news agency Kyodo.
France's Christine Lagarde picked up an endorsement from China Monday, raising her chances to become head of the International Monetary Fund. The IMF board is expected to make the decision between Lagarde, France's Finance minister, and Mexican Central bank chief Agustin Carstens as early as Tuesday.
Demands by Venezuela's opposition for information on President Hugo Chavez's health grew louder Monday and bond prices rallied on speculation the populist leader could be seriously ill.
Brazil highest magistrate, president of the Federal Tribunal (Supreme Court) Cezar Peluso said he was contrary to the disclosure of records from the recent military dictatorship (1964/1985) as was proposed by President Dilma Rousseff.
The Mercosur summit will be an opportunity to solve asymmetry problems and social inequalities in the region, said Paraguay’ Foreign Affairs minister Jorge Lara Castro. The South American customs union is meeting this week in Asuncion for the first of two annual summits when the rotating chair will be passed on to Uruguay.
French banks have agreed to roll over holdings of Greek debt for 30 years, President Nicolas Sarkozy said on Monday, as the Greek government tries to persuade backbench rebels to back a crucial austerity plan to avert bankruptcy.
The verbal escalation between the Argentine and British governments in the Falklands/Malvinas Islands sovereignty issue continued Monday with strong exchange of statements.
The Federal Reserve will remain the biggest buyer of Treasuries, even after the second round of quantitative easing ends this week, as the central bank uses its 2.86 trillion US dollars balance sheet to keep interest rates low.
The UK remains committed to retaining sovereignty over the Falkland Islands in the face of renewed Argentine pressure over the issue, and has the political will and military means to defend the Islands, Defence Secretary Liam Fox said.
With drag queens stomping in their stilettos and adults, teens and children waving rainbow flags, more than 50,000 people paraded through Santiago de Chile on Saturday in support of gay rights in the annual March for Sexual Diversity.