QUITO (Reuters) - Venezuela and Brazil are planning to create a joint fund worth billions of dollars, Venezuelan President Hugo Chavez said on Saturday.
Chavez gave no further details, but Venezuela already has infrastructure investment funds with other countries including China and Ecuador.
(Reporting by Alonso Soto; Editing by Eric Walsh)
OSLO (Reuters) - There will be no "precipitous drawdown" of U.S. forces in Afghanistan and U.S. troops could still be in the country for years to come, President Barack Obama said on Thursday.
The pressure's on for oil giants looking to secure rare access to cheap Middle East reserves as Iraq gears up to auction off some of the world's largest untapped oilfields. Full Article
Recovering from a punishing global recession has forced the world's richest nations to pay dearly, prompting subdued growth prospects and delayed sighs of relief. Full Article
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