The IMF and EU suspended a review of Hungary's funding program, set up in 2008 to save the country from financial meltdown, saying it must take tough action to meet targets for cutting its budget deficit.
Chinese Premier, Wen Jiabao, has said that China will continue to invest in European markets, despite the debt problems affecting many Euro zone countries. He was speaking in Beijing alongside the German Chancellor, Angela Merkel. She described his pledge as an important signal that China has confidence in the Euro.
“It’s always a simple repeat of what happens in Iraq, Afghanistan or South America. It’s the white man who fights people he believes are inferior”, confessed US filmmaker Oliver Stone talking about his recent “South of the Border”.
Brazilian Foreign Trade Secretary Welber Barral flies Monday to Dominican Republic to promote bilateral and advance towards a road map for an agreement with Mercosur.
Spanish Foreign Affairs minister Míguel Angel Moratinos called for “understanding” from the released Cuban political prisoners which arrived in Spain and who are complaining about their ‘undefined’ legal status.
Colombia will take evidence it says proves the presence of FARC and ELN guerrillas in Venezuela to a meeting of the Organization of American States next Thursday confirmed ambassador to OAS Luis Alfonso Hoyos.
President Lula da Silva said a woman can rule Brazil country much better than all the men that have been presidents in the country in the last 500 years.
Talks between China, the world's biggest user of cooking oils, and Argentina regarding Beijing’s ban on imports of soybean oil from Argentina are on course although the country is moving to alternative markets said President Cristina Fernandez de Kirchner.
With the euphoria of the recent fourth place in the South Africa World Cup, Uruguay celebrated on Friday July 16th the 60th anniversary of the country’s main sport greatest feat ever: winning the World Soccer Cup in Brazil in 1950.
The Madrid zoo made this week a transfer bid for Paul the oracle octopus his aquarium in Germany it would outbid all others and give him a warm welcome in gratitude for predicting Spain’s soccer World Cup win.