Growing crime and violence in Central America not only have an immediate human and social toll but they also pose a tremendous threat to development potential in the region since it is estimated that these sources of instability cost 8% of GDP, once health, institutional, private security, and material expenses are accounted for.
U2's current worldwide 360° tour has become the highest grossing in history, beating the record previously set by The Rolling Stones between the years 2005-2007, reported Live Nation Entertainment.
China plans to invest ten billion US dollars in the production, storage and transport of soybeans in Brazil to ensure the supply of the commodity of which it is the world’s main importer, according to press reports in Beijing.
European Union Agriculture ministers will be meeting this week in Luxembourg to discuss the current trade negotiations with Mercosur, according to European Commission sources.
The Falkland Islands has nominated an Islander as new Director of Mineral Resources who will be taking over from Phyl Rendell when she retires as the end of the year, announced the government of the Islands.
The region with the largest increase in military expenditure in 2010 was South America, with a 5.8% increase in real terms, reaching a total of 63.3 billion US dollars according to the latest report from the Stockholm International Peace Research Institute, SIPRI.
Colombian President Juan Manuel Santos and Venezuela’s Hugo Chavez agreed over the weekend to temporarily extend the bilateral trade pact within the framework of the Andean Community, or CAN, despite Venezuela’s pending withdrawal from that regional organization on April 21.
Uruguayan president Jose Mujica strongly supported the incorporation of Venezuela as full member of Mercosur from a Sunday column published in one of Brazil’s most influential newspapers, Folha de Sao Paulo.
Blackouts blamed on forest fires left without power whole areas of north and central Venezuela, including Caracas, officials said. The power outages began last Thursday due to the collapse of electrical lines located 250 kilometres west of Caracas, Electricity Minister Ali Rodriguez said.
A Guatemalan judge granted the country’s First Couple divorce petition thus opening the way for First Lady Sandra Torres to run in September’s presidential election for which her husband President Alvaro Colom is barred under constitutional rule.