
Scotland's biggest airline, Edinburgh-based Flyglobespan and also responsible for the UK Ministry of Defence air link with the Falkland Islands was placed Wednesday in administration with all scheduled flights cancelled.

The United Nations Climate Change Conference in Copenhagen has been billed as 'the most important gathering in human history'. Without binding commitments to reduce greenhouse gas emissions and stabilise expectations, climate change will have a huge impact on future security considerations.
By Duncan Depledge for RUSI.org (*)
The Honduras congress and president-elect Porfirio Lobo agreed to consider extending a political amnesty to all those involved in the June 28th coup against ousted President Manuel Zelaya.

Following this week’s Brazilian Senate vote to for the incorporation of Venezuela as a Mercosur full member, only Paraguay’s support is pending, but the Paraguayan Senate is divided on the issue. More over President Fernando Lugo had to withdraw the initiative last August when he was informed the divided coalition that took him to office could not garner the sufficient votes to ensure support.

Judges at the European Court of Human Rights said that four British newspapers and a news agency were right to defy a court order to disclose documents that would have identified the source of a story about a multimillion pound City takeover in 2001.

El Salvador president Mauricio Funes said his country will not take a single step towards the incorporation of his country to ALBA or the XXI century Socialism promoted by Venezuelan president Hugo Chavez and defended close relations with United States.

Bringing to close a year-long internal debate over the role of Venezuela in South American political and economic affairs, Brazil's Senate, by a vote of 35 to 27, voted Tuesday to approve the entrance of the country's northern neighbor into the Mercosur trade bloc.

Global warming does not respect borders; a mindset shift is required if world leaders are to save us from ourselves
By Kofi Annan

Banco do Brazil (BB), Latinamerica’s largest government-managed bank, is in talks with Argentina’s Banco Patagonia, seeking to expand internationally, announced CEO Aldemir Bendime.

Spain tops a new misery index that combines unemployment rates with budget deficits, according to forecasts from Moody’s Investors Service. Ireland appears in fourth place on the sovereign-risk outlook for 2010, behind Spain, Latvia and Lithuania.