Stories for November 2011

Friday, November 11th 2011 - 07:57 UTC
Growing citizens’ action against ‘endemic corruption’ in Brazil’s political system

While a sixth cabinet minister faces allegations of fraud, Brazil’s Solicitors Association has stated that corruption in the country has become “unbearable” and called on the Supreme Tribunal to rapidly implement the Clean Record bill.
Friday, November 11th 2011 - 07:53 UTC
Merkel denies smaller Euro Project but her party, CDU, congress could hold surprises

German Chancellor Angela Merkel rejected Thursday the idea that her government might favor a smaller Euro zone, saying her only goal since the beginning of the debt crisis has been to stabilise the bloc in its current form.
Friday, November 11th 2011 - 07:48 UTC
Argentina/US bilateral relations must improve “to their best possible levels”

President Cristina Fernández met on Thursday with newly appointed Argentine ambassador to the US Jorge Argüello at the Olivos presidential residency, and instructed him to improve bilateral ties “to their best possible levels.”
Friday, November 11th 2011 - 07:35 UTC
Prince William to be posted to the Falklands on tour of duty with the RAF

Prince William will be posted on a tour of duty to the Falkland Islands next year, the Royal Air Force said Thursday in a statement. The South Atlantic Islands are disputed by Argentina.
Thursday, November 10th 2011 - 08:17 UTC
Euro crisis: IMF chief warns of a “lost decade”; China calls for strong political will

The head of the IMF warned on Wednesday that Europe's debt crisis risked plunging the global economy into a “lost decade” and said it was up to rich nations to shoulder the burden of restoring growth and confidence.
Thursday, November 10th 2011 - 08:11 UTC
Close advisor of CFK denies she wants to remain in power beyond 2015

A close Senator and advisor to President Cristina Fernandez denied on Wednesday the Argentine leader is interested in staying in power beyond 2015 and said a constitutional amendment “is not viable”.
Thursday, November 10th 2011 - 08:06 UTC
Arguello named as the next Argentina ambassador in Washington

Jorge Argüello was appointed as the new Argentine Ambassador to the United States by President Cristina Fernández, according to a release from the Foreign Affairs ministry. Government sources in Buenos Aires said Argüello, who currently represents Argentina before the United Nations, will replace Alfredo Chiaradia in Washington DC.
Thursday, November 10th 2011 - 08:01 UTC
Brazil preparing battery of incentives if Q3 GDP growth is not convincing

Brazil’s government is debating whether to remove credit restrictions imposed in the last eleven months as President Dilma Rousseff seeks to shore up economic growth, according to government officials.
Thursday, November 10th 2011 - 07:57 UTC
Brazilean court allows construction of controversial gigantic dam to continue

A Brazilian federal court on Wednesday rejected an appeal for suspending construction of the controversial 11 billion dollars Belo Monte hydroelectric dam in the heart of the Amazon until after indigenous people has been consulted.
Thursday, November 10th 2011 - 07:43 UTC
Chinese leading bank planning to expand business in Argentina

China Industrial and Commercial Bank Ltd. plans to invest 100 million dollars in Standard Bank Argentina once it receives regulatory approval to buy a majority stake in the company, according to Argentine financial sources.