Stories for November 26th 2009

Friday, November 27th 2009 - 05:22 UTC

Honduras Supreme Court supports Zelaya’s ousting procedure

Congress is scheduled to vote on the reinstatement issue next December 2

Honduras Supreme Court apparently has supported the ousting of deposed President Manuel Zelaya according to judicial sources which makes his reinstatement highly improbable.

Friday, November 27th 2009 - 05:19 UTC

Spain’s Repsol only interested in selling minority stake in YPF

China’s National Petroleum Corporation is after the former Argentine government corporation

Spain's main oil company Repsol is not interested in selling more than a minority stake in its Argentine YPF unit, despite a report it had a new Chinese bid on the table for a majority holding.

Friday, November 27th 2009 - 05:14 UTC

Brazilian Senate further delays vote on Mercosur incorporation of Venezuela

President Chavez calls “to prepare for war”, froze Senators intentions

Former Brazilian president and head of the Senate Jose Sarney said that the upper house has no interest “for the moment” in casting a vote on the Protocol papers for the incorporation of Venezuela as the fifth full member of Mercosur.

Friday, November 27th 2009 - 05:12 UTC

South America backs Argentina/Uruguay bid to host 2030 World Cup

In 1930 Uruguay won the first World Cup by beating Argentina 4-2

South American football's governing body CSF has backed a bid by Argentina and Uruguay to jointly stage the 2030 World Cup finals to commemorate the centenary of the first tournament that was also held in Uruguay.

Thursday, November 26th 2009 - 13:47 UTC

President Vazquez will personally congratulate his successor Sunday night

Vazquez leaves in three months time with a record approval rating of 70%

Uruguayan President Tabare Vazquez will personally congratulate the winner of Sunday’s presidential election run-off, which has two hopefuls: the ruling coalition Jose Pepe Mujica who leads with a comfortable margin in public opinion polls, and the opposition candidate Luis Alberto Lacalle.

Thursday, November 26th 2009 - 13:43 UTC

Chile and Argentina celebrate 25 years of peace treaty with Benedict XVI

Michelle Bachelet and Mrs. Kirchner will be heading their countries delegations

Pope Benedict XVI will receive Saturday in the Vatican the presidents from Argentina and Chile to commemorate the 25th anniversary of the peace treaty which avoided a full fledged war between the neighbouring countries over the Beagle channel and three mostly uninhabited islands in the extreme south of Tierra del Fuego.

Thursday, November 26th 2009 - 13:38 UTC

Morales after a two thirds majority in Congress in Bolivia’s December elections

Morales is against the “crossed ballot” which could weaken his political project

A record 5.13 million Bolivians are registered to vote in the coming elections of December 6th when President Evo Morales will attempt his re-election. However the electoral battle in concentrated in having control over the Legislative.

Thursday, November 26th 2009 - 13:37 UTC

Argentina admits delay in bonds swap offer for holdouts

Minister Amado Boudou

Argentina’s planned offer to swap as much as 20 billion US dollars of defaulted debt to help it re-enter international credit markets for the first time since 2001 may be delayed until January, admitted Economy Minister Amado Boudou.

Thursday, November 26th 2009 - 13:34 UTC

Obama and Lula da Silva have differences in crucial issues of the global agenda

The US president letter to Lula da Silva was received one day before the arrival of the Iranian leader

US president Barack Obama sent a letter to his Brazilian peer Lula da Silva explaining details of his administration’s foreign policy, related to such issues as Honduras and Iran, revealed on Wednesday the Brazilian Executive.

Thursday, November 26th 2009 - 13:25 UTC

Cuba launches “Bastion-2009” preparing for “future US attack”

“There is no better way to win a war than by avoiding it.”

Half a century after a failed US-supported invasion of Cuba, the country announced it is holding a military exercise to boost preparedness against any future US attack. The official newspaper Granma said that the “Bastion-2009” exercises will “raise the deterrent capacity to prevent a military confrontation, under the principle that there is no better way to win a war than by avoiding it.”

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