Ecuador president Rafael Correa announced changes in the military command and further cabinet reshuffling as part of the restructuring of his administration’s team for the next three years.
Argentine human rights groups turned the tables on Spain Wednesday, asking for a local judicial probe of killings and disappearances as well as suspected genocide during the Spanish Civil War and Gen. Francisco Franco's long dictatorship.
Ecuadorean Foreign Affairs minister Ricardo Patiño apologized to Uruguay for having stated that the administration of President Jose Mujica would support the nomination of former Argentine president Nestor Kirchner as chairman or the Union of South American nations, Unasur.
Periods of low sunspot activity are associated with changes in the winds that tear though the upper atmosphere bringing unusually cold winters to northern Europe, according to the new study Environmental Research Letters
China's economy expanded 11.9% year on year in the first quarter, indicating a solid recovery of the world's third largest economy, but also fanning concerns of asset bubbles, reports Xinhua.
Brazilian government managed energy giant Petrobras announced it acquired a 50% stake in an exploration block in Australia with significant natural gas potential. Petrobras acquired the stake from MEO Australia for 39 million USD.
Venezuelan Energy and Oil Minister Rafael Ramirez said some 120 billion USD will be invested over the next seven years in the Orinoco Belt, which the U.S. Geological Survey says is the largest petroleum accumulation it has ever evaluated.
Mercosur member Paraguay is reconsidering the terms of its relation with Taiwan, “retaining diplomatic links” but at the same time establishing “formal economic relations with Beijing”, said the country’s Foreign Affairs minister Héctor Lacognata.
Spain’s high unemployment is the biggest threat facing the country’s banks, the governor of the Spanish central bank said this week. With the jobless rate approaching 19%, Miguel Angel Fernandez Ordoñez said Spanish politicians need to approve labour reform “soon and with the broadest possible consensus”.
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