Politics

Politics
Monday, July 28th 2014 - 07:11 UTC

Dutch government releases former Venezuelan general retained on DEA request

Dutch government releases former Venezuelan general retained on DEA request

The Dutch government released a former Venezuelan general who was detained on US drug charges when he arrived in Aruba to serve as his country's consul on the Dutch Caribbean island, sending him home Sunday night and defusing a diplomatic fight with its neighbor.

Monday, July 28th 2014 - 07:04 UTC

Uruguay, Paraguay and Bolivia private sectors unite to combat Mercosur protectionist policies

Paraguay's Eduardo Felippo says Urupabol will help boost growth and sound development

The private sectors from Paraguay, Uruguay and Bolivia agreed to form a business lobby, Urupabol, with the purpose of actively combating protectionist policies and other obstacles implemented inside Mercosur, mainly by senior members Argentina and Brazil.

Saturday, July 26th 2014 - 07:05 UTC

Mercosur to consider forming an 'economic forum' with ALBA and Petrocaribe

President Maduro, and leader of ALBA and Petrocaribe will be hosting the summit in Caracas

Uruguay's president Jose Mujica will be attending the next Mercosur presidential summit scheduled for Tuesday, 29 July in Caracas, when the creation of an economic forum Mercosur/ALBA/PetroCaribe will for consideration as part of the agenda.

Saturday, July 26th 2014 - 06:56 UTC

Cristina Fernandez will analyze holdouts' case during her stay in Rio Gallegos

The Argentine president left on Friday for Santa Cruz

President Cristina Fernandez left on Friday for Santa Cruz province, where she will stay for the weekend and analyze New York Argentine/holdouts case briefings. The Argentine delegation returned on Friday to Buenos Aires after two meetings with appointed mediator Daniel Pollack in New York, where no resolution was reached.

Saturday, July 26th 2014 - 06:49 UTC

IMF warns about 'default' costs for Argentina; calls for debt restructuring mechanisms

“If Argentina goes into default and doesn't pay the holdouts, for some time it will be unable to access markets” said Olivier Blanchard

The IMF's chief economist warned that a default by Argentina in its battle with holders of its defaulted debt may hurt its economy and the global financial system. Argentina continues to face the fallout of its 2001 debt default, which plunged the country into an economic crisis it is still battling to overcome.

Saturday, July 26th 2014 - 06:36 UTC

Argentina/holdouts impasse remains; delegation back to Buenos Aires for instructions.

 Consistent with Judge Griesa’s direction ”I anticipate that there will be further communications with the parties prior to the Default date (July 30)” said Pollack

Argentina failed to reach a breakthrough with the U.S. court-appointed mediator in its battle with holdout creditors in New York on Friday in talks that lasted just an hour. The Argentine delegation is flying back to seek instructions from its government, mediator Daniel Pollack said, while the country's economy ministry underscored it would continue the dialogue with him over the next few days.

Saturday, July 26th 2014 - 06:31 UTC

Majority of Uruguayan support sheltering children from the Syrian conflict

The initiative from President Mujica has an overall backing from 66% according to the latest public opinion poll

Uruguay's president Jose Mujica proposal to shelter Syrian children refugees from the ongoing Middle East conflict has the support of 66% of the population and is rejected by 23%, according to a public opinion poll released this week by a local television channel.

Saturday, July 26th 2014 - 06:24 UTC

Santander apologizes to President Rousseff for leaking 'political bias' comments

The report said that ”the (Brazil) economy would worsen if President Rousseff’s chances of being re-elected stabilized or improved”

Banco Santander Brasil SA, apologized for a note sent to some of its high-income clients in Brazil saying the economy would worsen if President Dilma Rousseff’s chances of being re-elected stabilized or improved.

Saturday, July 26th 2014 - 06:04 UTC

Venezuelan general retained in Aruba to be extradited to the US

General Carbajal apparently belongs to the “Cartel of the Suns”, high-ranking military officers believed to have grown rich from drug-running

A judge in Aruba ruled Friday that the highest-ranking Venezuelan official ever arrested on a U.S. warrant will remain behind bars pending an extradition request on drug charges. Hugo Carvajal, a former head of Venezuelan military intelligence and close confidant of the late president Hugo Chavez, was arrested upon arriving at Aruba’s airport, officials said Thursday.

Saturday, July 26th 2014 - 05:54 UTC

Gibraltar praises call for dialogue with Madrid from Spanish politicians

The senior Spanish politicians Pepe Carracao, Rafael Roman and Salvador de la Encina belong to the opposition Socialist party, PSOE.

The Gibraltar government welcomed the call by three senior Spanish politicians for Spain, the UK and Gibraltar to engage in dialogue. The call was made public in a joint statement issued by former senior Spanish politicians Pepe Carracao, Rafael Roman and Salvador de la Encina.

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