MercoPress. South Atlantic News Agency
Stories for January 11th 2013
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Friday, January 11th 2013 - 09:05 UTC
On inauguration day Chavez militants promise total loyalty and to defend his presidency
Tens of thousands of Venezuelans packed the centre of Caracas on the day that Hugo Chavez, cancer-stricken and hospitalized in Cuba for over a month, had to take office for another six years and ended the rally with hands up in a massive oath of loyalty to the president.
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Friday, January 11th 2013 - 08:55 UTC
Declaration of Caracas pledges support for Venezuela in the international stage
Presidents, Foreign ministers and representatives from 22 Latinamerican and Caribbean countries stamped their signatures to a declaration stating their commitment in support of Venezuela and its institutions in the international stage.
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Friday, January 11th 2013 - 08:52 UTC
President Mujica calls for unity and peace for ‘the day when Chavez is not with us’
The shortest and most sober of a day of emotional speeches and promises was that from Uruguayan president Jose Mujica who asked the massive rally in support of President Hugo Chavez that if the Venezuelan leader “tomorrow is not with us”, then unity, peace and work must prevail.
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Friday, January 11th 2013 - 08:36 UTC
Argentine tourists must pay 8 pesos for the US dollar in neighbouring countries
Following on the climbing tendency since the beginning of the year, the ‘blue’ or ‘parallel’ US dollar traded in Buenos Aires at 7.25 Argentine Pesos with a 46% gap over the ‘official’ dollar that remained relatively stable at 4.95 Pesos.
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Friday, January 11th 2013 - 08:32 UTC
An optimistic Dragui sees a “positive contagion” in the Euro zone economy
European Central Bank (ECB) president Mario Draghi spoke on Thursday of a “positive contagion” in the Euro zone economy, saying that the financial situation is improving and growth is set to return in the second half of the year.
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Friday, January 11th 2013 - 08:25 UTC
Obama nominates budget expert to replace Geithner as Treasury Secretary
US President Barack Obama on Thursday nominated his chief of staff, Jack Lew, as the next Treasury secretary, praising him as a expert on the pressing national issues of spending cuts and deficit reduction.
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Friday, January 11th 2013 - 08:21 UTC
Bank of England keeps monetary policy unchanged waiting for GDP figures
The Bank of England on Thursday decided not to extend its quantitative easing (QE) stimulus program, which has injected £375bn into the UK financial system. It is also keeping its key interest rate unchanged at 0.5%, where it has been since March 2009.
