British Prime Minister Gordon Brown has faced down critics who have called on him to stand down ahead of the coming general election by declaring: I do not roll over. As Labour began its final annual conference before the election, which must take place within nine months, Mr Brown acknowledged the party faces the fight of our lives.
The presidents of Argentina, Brazil, Paraguay, Uruguay, Ecuador, Bolivia and Venezuela, signed on Saturday night an agreement establishing the South Bank with an initial capital of 20 billion U.S. dollars.
The world's leading nations have agreed tough new regulations to prevent another global financial crisis, US President Barack Obama said on Friday. These relate to the amount of money banks have to hold in reserve and to excessive pay for bankers.
The United Nations Security Council held an emergency meeting on the situation in the Brazilian Embassy in Honduras, where ousted Honduran President Manuel Zelaya has been sheltering since Monday. The council condemned acts of intimidation and called on the de-facto Honduran authorities to stop harassing the embassy.
A report from the US Library of Congress legal branch released this week concluded that the ousting of elected Honduran president Manuel Zelaya was “legal and constitutional”.
The coming electoral year makes it difficult for the Brazilian congress to approve in the short term the agreement reached with Paraguay referred to the surplus energy from the world’s largest operational hydroelectric dam Itaipú, signed last July by presidents Lula da Silva and Fernando Lugo.
Uruguay, Chile, Costa Rica, Guatemala among nine countries remain in the so called “grey list” of tax havens from the Organization of Economic Cooperation and Development, OECD, one of the issues to be addressed by the G20 summit in Pittsburgh.
The United Kingdom Members of Parliament expenses scandal which generated angry reactions from British public opinion began because the mole that caused the leak was angry about inadequate equipment for the armed forces, the Daily Telegraph published on Thursday.
Brazilian President Lula da Silva confirmed his Iranian counterpart Mahmoud Ahmadinejad is to visit Brasilia in November, while he plans to travel to Teheran in May, Brazilian media reported Thursday.
Ecuador is considering the purchase of 12 Atlas Cheetah C fighter bombers from South Africa, according to Defence minister Javier Ponce in an interview with Quito’s newspaper El Universal.