Stories for June 10th 2010

Thursday, June 10th 2010 - 06:55 UTC
Bolivia votes ‘native justice’; four policemen lynched by indigenous mobs

The Bolivian Lower House dominated by President Evo Morales party approved this week the Judiciary Bill which contemplates “native or indigenous justice” which has been strongly criticized since it opened the door to the lynching of policemen in two different incidents.
Thursday, June 10th 2010 - 06:52 UTC
Cuba is coffee dry: the country has become a net importer of the bean

Cuban coffee production tumbled 90% in the last few years forcing the government of President Raul Castro to spend 50 million US dollars annually in importing the beans to ensure domestic consumption revealed the official weekly Trabajadores.
Thursday, June 10th 2010 - 06:48 UTC
Mini-Watergate scandal involves Brazilian incumbent presidential campaign

A mini Watergate Brazilian-style is emerging following statements from a former high ranking intelligence police officer who claims he was contracted by members of the incumbent presidential candidate team to spy on her main opponent.
Thursday, June 10th 2010 - 06:47 UTC
Chinese exports displace Brazilian goods overseas and at home

Brazil lost an estimated 12.6 billion US dollars in exports between 2004 and 2009 because of Chinese penetration in the country’s main international markets according to a report from the powerful Federation of Sao Paulo States industries, FIESP, released Wednesday.
Thursday, June 10th 2010 - 06:42 UTC
Annual plunder of developing countries could finance 48.000 km of paved roads

At a time of global economic hardship, corruption fighters from around the world convened this week in Paris to work against further plundering of developing countries, by supporting efforts against asset theft and safe havens for ill-gotten gains.
Thursday, June 10th 2010 - 06:39 UTC
China’s exports soar 48.5% in May, the highest in more than six years

China’s exports jumped 48.5% in May from a year earlier, the biggest gain in more than six years. However the impact of the European crisis is still to be seen following on this week’s IMF warning that global economic risks have risen significantly.
Thursday, June 10th 2010 - 06:33 UTC
World Bank warns European crisis could derail global recovery

The global economic recovery continues to advance, but Europe’s debt crisis has created new hurdles on the road to sustainable medium term growth, cautions the World Bank’s latest Global Economic Prospects 2010, released Thursday online.
Thursday, June 10th 2010 - 06:15 UTC
Venezuela implements new foreign exchange market to contain inflation

Venezuela central bank set an implicit exchange rate of about 5.3 Bolivar per US dollar in a new currency market that made its debut Wednesday and aims to rein in surging inflation and have greater control over the alternative foreign exchange market.
Thursday, June 10th 2010 - 06:10 UTC
Power emergency extended for another 60 days in Venezuela

Venezuela extended for another sixty days the national power emergency which has first imposed last February to address the energy crisis punishing the country. The new extension was published in the Official Gazette 7 June, effective June 8 and follows on the previous 60 days period from April.
Thursday, June 10th 2010 - 06:09 UTC
Hillary Clinton promises all military information of US presence in Colombia

United States promised to deliver the Union of South American Nations, Unasur, all the necessary information regarding its military presence in Colombia, said Ecuadorean president Rafael Correa, following a meeting with US Secretary of State Hillary Clinton.