Tuesday, July 6th 2010 - 07:20 UTC

IMF needs to find ‘adequate balance between economics and politics’

Former presidents Tabare Vazquez and Ricardo Lagos belong to the regional advisory group

The International Monetary Fund should find an adequate balance between economics and politics, and take advantage of its cross-country experience to deepen its engagement in the Western Hemisphere and improve the effectiveness of its economic policy advice, a group of high-level advisors recommended Monday.

Tuesday, July 6th 2010 - 07:16 UTC

NASA aerodynamics confirms Jabulani is erratic and unpredictable

Jabulani in synonymous of celebration in South Africa

Following several trials with the official ball from the South Africa World Cup, the US Aeronautics and Space Agency, NASA, confirmed the famous ‘Jabulani’, seriously criticized by players and goal beepers is “erratic and unpredictable”.

Monday, July 5th 2010 - 05:18 UTC

EU takes Argentina’s “restrictive measures” on trade to the WTO

Argentine Secretary of Trade and International Economic Relations, Alfredo Chiaradía,

The first week of negotiations in years between the European Union and Mercosur to reach a political and trade association agreement that took place in Buenos Aires did not end well.

Monday, July 5th 2010 - 05:05 UTC

IDB president Moreno forecasted to be re-elected this week for five more years

IDB Luis Alberto Moreno

The Inter American Development Bank will be electing new President this week, but with the nomination period closed last June 26 and no names presented, Colombia’s Luis Alberto Moreno seems certain to be re-elected.

Monday, July 5th 2010 - 04:46 UTC

Obama administration is “weak” to ensure Middle East peace process

Syrian president Bashar al-Assad concluded this week end a four country visit of Latinamerica

Syrian president Bashar al-Assad wrapping up his Latinamerican tour of four countries, Cuba, Venezuela, Brazil and Argentina described the government of US President Barack Obama as ‘weak’ to ensure a peace process in the Middle East adding he was hopeful of negotiations sponsored by other countries such as Brazil and Turkey.

Monday, July 5th 2010 - 04:40 UTC

Foreign Secretary William Hague: “The world has changed and if we do not change with it, Britain’s role is set to decline”

Foreign Secretary, William Hague

The Foreign Secretary, William Hague, gave the following speech outlining the Government's vision for UK foreign policy on 1 July 2010.

Sunday, July 4th 2010 - 03:44 UTC

World Bank committed 17.9 billion USD is support of Latam in 2010

World Bank Regional Vice President Pamela Cox

The World Bank Group (WBG) committed 17.9 billion US dollars in fiscal year 2010 –a slightly higher figure over last year’s record lending of 17.1 billion- to support countries in Latin America and the Caribbean (LAC) as they recover from the global financial crisis and resume a path of sustained growth, according to the latest report from the multilateral organization.

Friday, July 2nd 2010 - 03:32 UTC

BP Argentine assets on sale to pay for Gulf of Mexico spill; China interested

BP has a majority stake in Pan American Energy

China National Offshore Oil Corp., the country’s third-largest oil and gas company, declined to comment on reports it is holding talks to buy as much as 9 billion US dollars of BP Plc’s assets in South America.

Friday, July 2nd 2010 - 03:28 UTC

China’s Xinhua launches 24-hour global news channel in English, CNC

CNC: We are a news channel, not a propaganda station.”

China's state news agency Xinhua has launched a 24-hour global news channel in English. Officials said CNC World would present “an international vision with a China perspective”.

Thursday, July 1st 2010 - 21:05 UTC

MP Laing, chairman of the All Party Parliamentary Gibraltar Group

Frequent visitor of Gibraltar Conservative MP Elainor Laing

British Conservative MP Elainor Laing is the new chairman of the All Party Parliamentary Gibraltar Group, a House of Commons spokesman announced Wednesday night. Mrs Laing is no stranger to the Rock as she attended the main National Day rally when it was organised in Casemates Square.


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