Stories for September 14th 2010

Tuesday, September 14th 2010 - 03:48 UTC

Dictators’ illicit funds in Swiss banks will be returned to pillaged countries

The law was too late to impede Zaire’s Mobutu’s family from taking the funds

A new law on returning illicit dictator funds that are deposited in Swiss banks has been approved by the Swiss parliament.

Tuesday, September 14th 2010 - 03:43 UTC

Paraguayan president health condition causes unrest among lawmakers

Lugo shows symptoms of patients undergoing chemotherapy

Paraguayan president Fernando Lugo undergoing treatment for a lymphatic cancer is limiting activities to “administrative affairs” while a growing number of opposition lawmakers are seriously considering requesting his resignation or a larger share of responsibilities with his Vice-President Federico Franco.

Tuesday, September 14th 2010 - 03:08 UTC

Wide ranging trade deal brings Taiwan closer to China

Bilateral trade reached 110 billion US dollars in 2009

A historic trade deal between China and Taiwan took effect Sunday signalling improvement in relations between the two countries after they were split by a civil war over 60 years ago.

Tuesday, September 14th 2010 - 02:57 UTC

Uruguay feels Mercosur is a diplomatic club, still too distant from the people

Luis Almagro gave an X-ray version of Mercosur at Government House

Mercosur is currently a “Foreign Affairs ministries club” which has failed in getting people involved in the integration idea and process, said Uruguayan Foreign Secretary Luis Almagro during a press conference Monday at Government House.

Tuesday, September 14th 2010 - 00:46 UTC

Cuba with unions support announces elimination of 500.000 jobs to boost economy

President Raul Castro wants to streamline the inefficient Cuban economy

The Cuban government will cut more than 500,000 state jobs by March as part of a plan to reduce inefficiencies, the country’s largest union said in a statement. The reductions are part of President Raúl Castro’s goal of eliminating 1 million state jobs by 2015, according to the statement.

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