
Former British Prime Minister Gordon Brown has been appointed as an unpaid advisor to the World Economic Forum. He is to be the chairman of a new policy and initiatives co-ordination board.

France considers Bank of Italy Governor Mario Draghi the leading candidate to succeed Jean-Claude Trichet at the helm of the European Central Bank. However the key decision maker, German Chancellor Angela Merkel, has yet to tip her hand. Merkel’s aides have indicated that Germany, Europe’s biggest economy, no longer insists on a German to succeed Trichet.

Venezuelan President Hugo Chavez hiked an oil windfall tax in a move that raises government income ahead of the 2012 presidential election, but puts a heavy load on oil companies.

Mexico's antitrust commission confirmed Sunday that it has fined the country's biggest mobile phone operator over 1 billion US dollars on grounds that it used its market weight and interconnection fees to displace competitors.

Security forces have reportedly shot dead at least three people and injured others in north-west Syria, days after the worst bloodshed since unrest began. Police and soldiers opened fire from rooftops in the coastal town of Jabla, though no protest was being held at the time, witnesses said.

Venezuela formally exited the Andean Community of Nations, CAN, Friday when it stopped belonging to the free trade zone which for 38 years eliminated a full range of tariffs among its members (Peru, Ecuador, Bolivia and Colombia), announced the Venezuelan Foreign Affairs ministry.

Argentine and British lawmakers held a bilateral meeting in the framework of the Inter Parliamentary Union 124th meeting which took place in Panama, according to Argentine sources.

The Chilean Army is currently clearing four fields planted with anti-personnel mines in Tierra del Fuego and will move to another four once the job is finalized, reported the Commander Gonzalo Echeverria, from the 5th Engineers Battalion seated in Punta Arenas.

South American countries, particularly Mercosur members remain as top priority of Brazil’s foreign policy confirmed this week President Dilma Rousseff.

Leading figures in Chile’s government were caught up in conflict of interest charges this week, with opposition Dep. Enrique Accorsi accusing President Sebastián Piñera and several of his cabinet ministers of “serious conflicts of interest” when they gave a green light to the Mina Invierno coal mine on Isla Riesco.