Stories for December 27th 2012
The Argentine Supreme Court rejected on Thursday the Government’s ‘per saltum’ request to debate the constitutionality of two articles in the controversial Media Law which has the administration of President Cristina Fernandez clashing with the powerful Clarin group.
Argentine former Economy Minister Felisa Miceli was sentenced to 4 years in prison after being found guilty of hiding and destroying evidence after a bag full of cash was found in her office in 2007; an incident which ended with her resigning from office.
Venezuelan president Hugo Chavez delegated certain responsibilities in economic affairs to Vice-President Nicolas Maduro including the right to authorize debt sales and seize assets. The announcement comes at a moment when significant economic decisions must be taken following the profligate spending leading to last October’s election.
Argentine president Cristina Fernandez has been recommended by her medical team to ease the ‘intensity’ of her activities and thus will leave Vietnam out of a tour which is planned for next month and includes the Arab Emirates and Indonesia.
The head of Argentina’s organized labour, Hugo Moyano filed a complaint before a federal criminal court against cabinet chief Juan Manuel Abal Medina and Security Secretary Sergio Berni who openly and repeatedly accused the teamsters leader of being behind the extended rioting and looting of last week when four people were killed, hundreds injured and arrested and left millions of dollars in damages.
Christmas rainstorms across Argentina further delayed soy and corn planting, keeping markets guessing about whether the grains powerhouse can produce enough this season to help bring high-flying global food prices down to earth.
The Industrial and Commercial Bank of China Ltd, the world's largest lender by market value, got the green light from Brazilian regulators to operate a subsidiary in the Latin America's largest economy, the lender said on Wednesday. Brazil's central bank approved the license on Dec 19.
The Venezuelan government and opposition coincide that it is possible to postpone the oath taking ceremony of President Hugo Chavez, which according to the constitution should take place on 10 January, if the re-elected leader is still in Cuba recovering from his fourth cancer operation.
Argentine Foreign Minister Hector Timerman met with the relatives of victims of the Buenos Aires 1994 AMIA Jewish center bombing to update them on negotiations with Iran. The update came three months after Timerman's first public meeting with his Iranian counterpart.
Representatives from Unasur confirmed that they will be present to follow the April 2013 general elections in Paraguay, reported the spokesperson for the country’s Superior Electoral Justice Tribunal, TSJE.