Stories for June 27th 2011
Rioting in Buenos Aires as emblematic football team in relegated to second division
One of the great clubs of South American football, River Plate was relegated on Sunday from the Argentine first division for the first time in their 110-year history triggering clashes between enraged fans and the police that left dozens hospitalized and arrested.
Germany warns Greece: ‘no austerity plans approved, no release of funds’
German finance minister Wolfgang Schaeuble warned that a veto of the Greek government's austerity plans by parliament this week could mean Athens will not receive a bailout tranche it needs to remain solvent.
Provincial vote in extreme north and south confirm support for Cristina Fernandez
Provincial voting in the extreme north and extreme south of Argentina confirmed on Sunday support for the administration of Cristina Fernandez de Kirchner and her ‘development model’ to be tested next October when she will be running for re-election.
Sao Paulo celebrates Gay Pride Day with the largest world turnout
Hundreds of thousands of people dancing and wearing costumes packed on Sunday the streets of Sao Paulo, South America's biggest city to celebrate June 26 gay pride day and call for an end to homophobia.
Three risk rating agencies have Colombia with investment grade
Fitch Ratings raised Colombia to investment grade last week, becoming the third Wall Street agency to elevate the country this year to the coveted status, opening the door to a broader range of investors.
