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The consequences of climate change stand to affect both Russia and the US in new and dangerous ways, possibly very soon. President Obama convened a special briefing this May to anticipate an ice-free Arctic passages as early as 2015, generations ahead of mainstream forecasts obtaining very recently. Severe fluctuations in food prices are becoming more likely, with potentially devastating consequences.

In recent times there is an active expansion of China in Latin America, which entails both benefits and dangers for the region. Who wins and who loses with the arrival of the second global economy?

A Government plan to help boost the housing market has been branded "very dangerous". The Institute of Directors say underwriting the mortgages of buyers' risks artificially inflating housing prices. VoR's Daniel Cinna reports.