
A Green Paper posing fundamental questions for the future of the United Kingdom’s defence has been published Wednesday by the MoD, paving the way for a post-election (May) Strategic Defence Review (SDR).

Brazil, Latinamerica’s largest economy is feeling the consequences of China’s moves to rein in an overheated economy and global fears of asset bubbles in attractive fast developing economies. The strongest warning came this week from the Organization for Economic Cooperation and Development, OECD.

A leading US academic who has been praised by the head of the Bank of England has called for banks to be barred from gambling on the world markets. Speaking on Jeff Randall Live, Professor Laurence Kotlikoff argued that the days of casino banking should be ended for good.

Chilean president Michelle Bachelet promulgated this week a bill with sweeping changes in the Defence ministry and Armed Forces structure including the creation of a post equivalent to that of chairman of the Joint Chiefs of Staff.

Britain rejected on Wednesday a protest from Argentina over recent decisions from several companies licensed by the Falkland Islands government, to begin drilling in waters surrounding the South Atlantic islands.

The controversial 2 million US dollar purchase former president Néstor Kirchner made in October 2008 has already made it to the foreign press. After the controversy, Spanish newspaper El País' headlines read: “The Kirchners, growing richer and richer.”

Brazil's best-known writer, Paulo Coelho, is making it clear he doesn't want Britain's former Prime Minister Tony Blair involved in planning for the 2016 Olympics in Rio de Janeiro.

Mercedes Marcó Del Pont a long time ally of the Kirchners and until now head of the state-owned development bank, is known to support limited autonomy for the institution she's taking over. Her appointment closes a standoff over whether the government can overrule the central bank and tap international reserves.

Former president Néstor Kirchner admitted that his 2 million US dollars purchase, taken place in October 2008, before the outbreak of the global financial crisis, was made to acquire a percentage of stock for a hotel located in El Calafate, Patagonia.

Seven renowned scientists are the winners of the prestigious Wolf Prizes. The 100,000 US dollar prizes, which will be presented in May by Israeli President Shimon Peres during a special Knesset session, were announced Monday in Jerusalem by Israeli Minister of Education and Wolf Foundation Council Chair Gideon Sa'ar.