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New cables released by the website Wikileaks and published by the Spanish newspaper El País state the US Secretary of State worries in June 2009 about the sudden change in the language of Argentine President Cristina Fernández de Kirchner's government in Antarctica and Falkland/Malvinas Islands case.
Brazilian president Lula da Silva concludes his eight years in office with a performance marked by open corruption “among his closest political allies”, with a “plague” of vote-buying in Congress and the ruling party, and without having given a reply to the issue of crime.
In what is considered to be the first official statement by the Argentine government in the Wikileaks scandal, Argentine ambassador to the UN Jorge Argüello said on Tuesday that the released documents “are a delicate matter that will put the US at least in an embarrassing position.”
Amongst the 250,000 documents released by the WikiLeaks organization is a cable that shows the intention of the White House of preparing a written product examining the interpersonal dynamics between the Argentine governing tandem (“ruling couple” or First couple”) Cristina and Nestor Kirchner, according to the published material.
US Secretary of State, Hillary Clinton, gave a press conference Monday in which she responded and charged against online whistle-blower Wikileaks after the worldwide diplomatic repercussions over the contents of 250,000 classified documents.
Amid expectations over President Barack Obama's comments on the Wikileaks scandal, he instead offered a speech to announce a two-year freeze on the pay of federal workers, as he seeks to show he is committed to reining in the ballooning US budget deficit.
World corn production will be 0.5% lower than forecast last month as reduced U.S. and Brazilian crops result in smaller-than-estimated inventories, the International Grains Council reported on Thursday.
Economics 2008 Nobel Prize Paul Krugman said the United States is heading along a path of stagnation and deflation similar to that of Japan 18 years ago given the critical economic situation and the uncertain political scenario following the recent mid term elections that brought to Congress diehard Republicans.
The Federal Reserve has cut its 2011 growth forecast for the US economy, newly released minutes of its last policy committee meeting reveal. The Fed expects growth of 3-3.6% next year, down from its previous 3.5-4.2% estimate. It also forecasts higher unemployment and lower inflation than before.
US economy grew faster than previously estimated in the third quarter, government data showed, but still not enough to address stubbornly high unemployment. GDP growth was revised up to an annualized rate of 2.5% from 2% as exports together with consumer and government spending were stronger than initially thought.