Stories for June 2012

Wednesday, June 27th 2012 - 08:48 UTC
Venezuela on the campaign trail: “President Chavez, only second to God”

Political ads exalting Venezuela's populist President Hugo Chávez as second only to God have offended opponents and added further controversy to an already spicy presidential election campaign.
Wednesday, June 27th 2012 - 08:38 UTC
Petrobras Argentina second oil and gas strike in Patagonia’s Santa Cruz

Petrobras Argentina, the local unit of Brazil's state-owned energy firm, said on Monday it had found new oil and natural gas resources in its Estancia Agua Fresca concession in the Patagonian province of Santa Cruz
Wednesday, June 27th 2012 - 08:32 UTC
Mexico preparing WTO case against Argentina over suspension of auto trade accord

Mexico is prepared to take legal actions against Argentina after the government of President Cristina Fernandez announced its decision “to suspend” an automobile trade agreement.
Wednesday, June 27th 2012 - 08:25 UTC
Argentina reiterates it will honour bonds maturing in August and December

Argentina will pay back 5.716 billion dollars in bonds maturing next August and December, several of them tied to GDP evolution, confirmed president Cristina Fernandez.
Wednesday, June 27th 2012 - 08:20 UTC
Paraguay “back to business as usual” but with a shadow “legitimate” government

Ousted Paraguayan president Fernando Lugo announced on Tuesday that he will not be attending the coming Mercosur summit scheduled to take place this Thursday and Friday in Mendoza.
Wednesday, June 27th 2012 - 08:14 UTC
First organized labour national strike challenges President Cristina Fernandez

For the first time in decades the powerful Argentine organized labour movement has confirmed it is going ahead with a much debated national strike against a Peronist government, which allegedly rests on support precisely from the unions and a long history of generous labour legislation.
Wednesday, June 27th 2012 - 03:39 UTC
Malvinas are Argentine: ignore provocations in English soil, CFK tells Olympic delegation

President Cristina Fernandez told the Argentine Olympics delegation there is no need to interfere with the sports spirit in London to show Malvinas belongs to Argentina and called on competitors not to fall prey of provocations while in English soil.
Tuesday, June 26th 2012 - 22:59 UTC
Argentina’s next actions may impact fisheries beyond Falklands

It is clear and nobody doubts that Argentina has taken a more robust and active attitude with respect to its sovereignty claims over the Falkland Islands and the adjacent South Atlantic zone, comprising Georgia and the Sandwich Islands, which continue under the FIFD's (Falkland Islands Fisheries Department) exclusive management.
Tuesday, June 26th 2012 - 22:37 UTC
Spanish regions cripple Madrid’s attempts to keep budget deficit target

Spain is considering raising consumer, energy and property taxes, the government said, as it struggles to reduce a public deficit that may have already exceeded one of its budgeted ceilings for the full year.
Tuesday, June 26th 2012 - 22:16 UTC
Paraguay: Back to Latin America's bad old days? (*)

While the ouster of Paraguay’s president is a setback to the young democracy of the country, it shouldn’t be viewed as a repeat of Latin America’s history of coup d’états. The painful process of democratic maturity will continue, albeit slowly.