Saturday, August 6th 2011 - 08:21 UTC

Unasur ready for potential balance of payments deficit caused by the North’s crisis

The moment to act as a group, said Colombian Finance minister Juan Echeverry

The Union of South American nations (Unasur), meeting in Peru Friday the region is well-positioned to withstand a sharper global downturn but want to insulate their economies further from a crisis of confidence they blame on Europe and the United States.

Saturday, August 6th 2011 - 08:15 UTC

US voters furious: disapproval of Congress rises to an all-time high of 82%

The negative rating of Congress was the worst in 34 years

Disapproval of the United States Congress rose to an all-time high after weeks of rancorous partisan battles over raising the US debt ceiling took the country to the brink of default, according a New York Times/CBS News public opinion poll published on Friday.

Friday, August 5th 2011 - 19:55 UTC

Lula da Silva comes out in strong support Celso Amorim as defence minister

“Whether the military like it or not, it’s the President names Defence minister”, underlined the Brazilian leader

Brazilian former president Lula da Silva came out in full support of the latest cabinet reshuffle by President Dilma Rousseff who sacked the Minister of Defence Nelson Jobim following some derogatory remarks about the cabinet chief and the head of institutional relations (mainly with Congress).

Friday, August 5th 2011 - 19:17 UTC

Falklands/Malvinas conflict: To honour the dead, not use them

Argentine Veterans of the 1982 conflict want the bodies of the 123 “unknowns” at Darwin cemetery to be identified

Argentine Veterans of the 1982 conflict want the bodies of the 123 “unknowns” at Darwin cemetery to be identified.

Friday, August 5th 2011 - 18:50 UTC

Argentina blasts US and EU: only way out of crisis is expanding public spending

Feletti anticipates strong retraction in global demand

Argentina's Deputy Economy Minister Roberto Feletti criticized the fiscal austerity measures being implemented in Europe and the US, saying those policies will only hurt the global economy.

Friday, August 5th 2011 - 18:35 UTC

France opens court investigation into killing of two students in Argentina

President Sarkozy was on the phone with Cristina Fernandez over the case that has shocked France

A court investigation over the “kidnapping, rape and murders,” of the two French women killed in Salta, northern Argentina was opened Friday in Paris, French court sources informed.

Friday, August 5th 2011 - 08:14 UTC

Unasur Finance ministers meet in Peru to address the glut of US dollars

Colombian president Juan Manuel Santos proposed the meeting

Unasur Finance ministers struggling to stop economic harm from several years of US dollar decline will seek to agree on a coordinated response when they meet Friday in Lima.

Friday, August 5th 2011 - 08:05 UTC

Developed countries “will try to pass the crisis down on us”, claims CFK

Argentina concerned but “prepared” to face the impact, claims Boudou

Argentine President Cristina Fernández de Kirchner (CFK) referred to plummeting global markets and blasted developed countries for the potential consequences of the crisis. Economy minister Amado Boudou said Argentina was closely following events with concern.

Friday, August 5th 2011 - 08:01 UTC

Chaos in Chile’s main cities as police clash with protesting students: 550 arrests

Students peacefully occupied a television station to have their message aired

More than 550 people were arrested and 31 wounded in cities across Chile Thursday when police fired water cannons and tear gas to disperse student protesters calling for education reforms.

Friday, August 5th 2011 - 07:54 UTC

Celso Amorim Brazil’s new Defence minister; Jobim out on derogatory remarks

The talent of the “world's best foreign minister” put to test in Defence

Brazilian Defence Minister Nelson Jobim resigned after criticizing recent government names to reporters and will be replaced by ex-foreign minister Celso Amorim, the president's office said Thursday.


Get Email News Reports!

Get our news right on your inbox.
Subscribe Now!