Politics
Politics feedLatinamerican poor to reach 189 million (9 million more) because of recession
The current global crisis will cause the number of poor people in Latin America to rise by nine million to 189 million this year, the UN Economic Commission for Latin America and the Caribbean (CEPAL) said in a report presented in Santiago de Chile.
UK apologizes to Spain for “lack of judgement” incident in Gibraltar waters
Giles Paxman, Britain’s ambassador to Madrid has apologized after the Royal Navy fired on a buoy bearing the red and yellow of the Spanish flag during target practice off Gibraltar.
Lagos calls for dialogue with the US and admits disappointment with Mercosur
Former Chilean president Ricardo Lagos called for a closer dialogue between Latinamerica and Washington while de-mystifying the alleged negative influence of Venezuelan president Hugo Chavez in the region. He also admitted he expected “much more from Mercosur”.
“Lack of political stability” weighs on Argentina’s credit ratings
Contentious politics and a lack of political stability are the main factors weighing on the outlook for Argentina’s credit ratings, Moody’s Investors Services said on Thursday.
US banks “too big to fail” could be dismantled under new legislation
A key US House of Representatives committee has voted to give the government the power to take apart banks that are “too big to fail”. The bill would give a proposed new council of regulators the right to dismantle firms whose scale could hurt the economy - even if they are healthy.
Compromise candidates for EU president and Foreign policy chief
European Union leaders have opted for little-known compromise candidate, Belgium premier Herman Van Rompuy, to become the bloc’s first full-time president, diplomats have said.
Featured Analysis
Chile’s presidential election: whoever wins, not much change
Chile has been Latin America’s success story since the 1980’s, boasting rapid economic growth, successful integration into the world economy, solid democratic institutions, an effective state bureaucracy, and low levels of crruption. By most standards, the country is far better off than the rest of the region.
Brazilian Senate calls on a “medium” to explain major blackout causes
Last week’s huge blackout in Brazil which left 18 of the country’s 26 states in the dark is becoming a major embarrassment for the government with opposition Senators summoning a medium to help explain the causes of the outage.
Uruguayan incumbent presidential candidate leads by 6 points in polls
With only ten days for the Uruguayan presidential run-off, incumbent candidate Jose Pepe Mujica leads with 48% vote intention while his rival Luis Alberto Lacalle stands at 42% and the undecided 10%, according to the latest public opinion poll released Thursday by a Montevideo newspaper.
Russia opens its first embassy ever in Paraguay’s 200 year history
The Russian Federation has formally opened its first embassy in Paraguay’s 200 year history. Although there have been diplomatic relations the Russian ambassador was concurrent from Buenos Aires and only since two decades ago.
