Stories for December 2007

Saturday, December 15th 2007 - 20:00 UTC
Venezuela and Brazil pledge closer trade and energy ties

Brazil and Venezuela have pledged closer trade and energy ties, including building a new oil refinery in Brazil.
Saturday, December 15th 2007 - 20:00 UTC
Venezuelan cash full suitcase strains Argentina/US link

The Argentine government yesterday said that the report presented by US prosecutors, linking the suitcase full of cash that came from Venezuela with Cristina Fernández's presidential campaign, is part of an “operation” against Argentina, while US officials said the case should not affect the bilateral relationship.
Friday, December 14th 2007 - 20:00 UTC
“Norwegian Dream” passengers threaten to demand company

“Norwegian Dream” renamed “Norwegian Hell” by stranded cruise passengers in the port of Montevideo said they would be demanding Norwegian Cruise Lines because of the “bad service and treatment” they received during and after a minor collision suffered by the vessel when she was leaving for the South Atlantic.
Friday, December 14th 2007 - 20:00 UTC
A divided Bolivia seems prepared to clash on Saturday

Bolivia put its armed forces on alert Thursday ahead of a threatened move towards autonomy by half the country's provinces, Defence Minister Walker San Miguel said, according to the daily La Prensa.
Friday, December 14th 2007 - 20:00 UTC
Cristina Kirchner faces first full attack on her presidency

Facing the first allegation within days after becoming the President of Argentina, Cristina Fernandez de Kirchner strongly denied U.S. charges that Venezuela tried to illegally influence her election campaign.
Friday, December 14th 2007 - 20:00 UTC
“Illegal Venezuelan agents” attempting to intimidate a witness

The 800,000 dollars cash suitcase scandal extending from Miami to Caracas and Buenos Aires could send three Venezuelans and a Uruguayan, if convicted, to a US federal prison for up to ten years and a 250.000 US dollars fine.
Friday, December 14th 2007 - 20:00 UTC
Main world central banks join to address credit crunch

The United States Federal Reserve, European Central Bank and central banks from the UK, Canada and Switzerland are to jointly help banks deal with the credit crunch. Each has announced that they will provide billions in loans to banks in order to lower interest rates and ease the availability of credit.
Friday, December 14th 2007 - 20:00 UTC
With the Lisbon Treaty EU prepares for active global role

European Union leaders have signed a treaty in Portugal's capital that is expected to greatly alter the way the 27-nation body operates. The treaty creates an EU president and a more powerful foreign policy chief.
Friday, December 14th 2007 - 20:00 UTC
Lula da Silva faces major political, fiscal defeat in Senate

The Brazilian government has suffered a major defeat over a key financial transactions tax which accounts for 20 billion US dollars in annual revenue. The bill fell four votes short of at least 49 needed in the Senate to renew the tax, known as the CPMF.
Friday, December 14th 2007 - 20:00 UTC
International Court rules on Caribbean insular dispute

The International Court of Justice, the principal judicial organ of the United Nations, ruled Thursday that three Caribbean Sea islands disputed by Nicaragua and Colombia belong to the latter country because a 1928 treaty between the two nations settled the issue.