Stories for May 2010

Thursday, May 27th 2010 - 08:41 UTC
Mercosur becomes debate issue in Brazilian presidential campaign

The Brazilian ruling coalition presidential candidate Dilma Rousseff speaking before industry moguls made a strong defence of Mercosur and criticized the US sponsored Free Trade Area for the Americas.
Thursday, May 27th 2010 - 08:37 UTC
Colombian president warns about proposals to raise taxes

Colombian President Alvaro Uribe on Wednesday sharply criticized campaign proposals to raise taxes, warning that this could “severely damage” what has been achieved, reports El Espectador.
Thursday, May 27th 2010 - 08:29 UTC
Cuban consul in Norway accused of “biting” demonstrator’s hand

An allegedly peaceful rally for a democratic Cuba outside the Cuban Embassy in Norway’s capital Oslo turned bloody at the weekend, and could turn into a diplomatic incident.
Thursday, May 27th 2010 - 08:27 UTC
Obama not expected in Brazil before October elections

United States president Barak Obama turned down an invitation from Brazilian president Lula da Silva to visit the country ahead of October 3 when presidential elections are scheduled, reported a newspaper from Sao Paulo.
Thursday, May 27th 2010 - 08:22 UTC
Lula da Silva asks Unasur and Mexico support for his Iran uranium agreement

Through a letter, Brazilian President Lula da Silvia asked the South American Nations Union (Unasur) and Mexico to support the uranium enrichment tripartite agreement reached between his country, Iran, and Turkey.
Thursday, May 27th 2010 - 08:16 UTC
China’s concern over its Euro holdings tumbles the currency

United States markets have put an end to what had been a day of stock market revivals around the world. After a day that had been mostly positive, New York's benchmark Dow Jones closed down 0.69% at 9974.45 - a four month low.
Thursday, May 27th 2010 - 08:06 UTC
Brazil warns about retaliation measures if Argentina blocks trade

Brazil's administration has threatened to implement retaliation measures if its foodstuffs are banned from entering into Argentina, according to statements made by the Foreign Trade head Welber Barral in a press conference.
Wednesday, May 26th 2010 - 19:50 UTC
Falklands hopes for stable relationship with Argentina

THE Falkland Islands Government still hopes for a stable relationship with Argentina stated Falklands Governor Alan Huckle in his Government budget address today. He told assembled Members of Legislative Assembly, “It remains the hope of both the British and Falkland Islands Governments to have a stable, co-operative relationship with the people and Government of Argentina.”
Wednesday, May 26th 2010 - 06:30 UTC
Government plans taxing overseas assets of residents in Uruguay

Uruguay is planning to tax deposits and other assets held overseas by residents in the country. The bill which has been drafted and promises to be controversial is expected to be sent for legislative consideration in coming days announced Economy minister Fernando Lorenzo.
Wednesday, May 26th 2010 - 06:25 UTC
IMF chief warns Brazilian economy runs risk of ‘overheating’

The Brazilian economy can grow as much as 7% this year, raising the risk of overheating, said on Tuesday International Monetary Fund Managing Director Dominique Strauss- Kahn, who described Brazil as “a success story”.