Brazil’s Congress Lower House approved on Tuesday night approved legislation making an existing Sovereign Wealth Fund into a permanent fixture. The Chamber of Deputies voted 274-102 to approve a government bill making the fund permanent and approving an initial total for it of 14.2 billion Brazilian Reales, approximately 6.5 billion US dollars.
The mother of the two year old child fathered by Paraguayan president Fernando Lugo confirmed she had desisted of the demand following the former Catholic bishop paternity admission and promise to give him his name.
The Peruvian government defended its offensive against the remnants of the once-powerful insurgency “Shinning Path” as armed forces searched for a soldier reported missing following rebel ambushes that killed more than a dozen people last week.
United States President Barack Obama heads to Mexico Thursday and then continues on to Trinidad and Tobago for the fifth Summit of the Americas. Security concerns along the US-Mexico border are expected to top Mr. Obama's discussions with Mexican President Felipe Calderon, while the summit provides an opportunity to reinvigorate the US hemispheric ties and forge a regional response to the global economic downturn, according to a Voice of America report.
The Bolivian government has opened three indigenous universities for Aymaras, Quechuas and Guaranis, and they will be linked to social movements, Education Minister Roberto Aguilar said
President Evo Morales has ended a five days long hunger strike after Bolivia's congress approved a new electoral law that grants more voting power to his electoral turf and allows him to run for a second term five-year term next December.
The story of how 22 British Royal Marines held off an entire Argentine invasion force on the eve of the 1982 Falkland Islands War has finally been told for the first time, according to a Books Review article from the Daily Mail published on Tuesday.
British Prime Minister Gordon Brown was furious when he found out about the smear emails written by a key aide about top Tories, his spokesman has said, amid renewed Tory pressure for an inquiry into the scandal.
The Vatican has rejected at least three possible candidates proposed by President Barack Obama to serve as US ambassador to the Holy See, say reliable sources in Rome.
Brazilian president Lula da Silva anticipated he will address the Cuban issue in the coming Americas Summit next Friday in Trinidad Tobago, but Brazilian diplomacy is also working to ensure it does not become an irritating discussion, according to Sao Paulo press.