Stories for June 2013

Friday, June 7th 2013 - 08:08 UTC
Paraguay was chosen to host OAS general assembly next year

Paraguay will host the next Organization of American States, OAS, General Assembly scheduled for June 3 to 5 of 2014 in Asuncion. The decision by acclamation was taken on Thursday at the end of this year’s event in Guatemala.
Friday, June 7th 2013 - 08:03 UTC
Mexico and China leave behind mistrust and agree on strategic partnership

Leaving behind an atmosphere of mistrust, China and Mexico agreed this week to upgrade bilateral ties to comprehensive strategic partnership, and thus opening broad prospects for economic and trade cooperation between the two countries.
Friday, June 7th 2013 - 07:52 UTC
Following the scandal, Libor to come under supervision of EU Paris-based regulator

European authorities are to propose bringing control of the inter-bank lending rate, Libor, under the supervision of a Paris-based regulator. The draft regulation proposes moving oversight of the scandal-hit benchmark from London to the European Securities and Markets Authority (ESMA).
Friday, June 7th 2013 - 07:43 UTC
US spy chief admits collecting internet information but only targets ‘non-US persons’

US spy chief James Clapper has admitted the government collects communications from internet firms, but says the policy only targets “non-US persons”. The director of national intelligence was responding to articles about an alleged secret programme, Prism.
Friday, June 7th 2013 - 05:46 UTC
Malvinas OAS statement: Latam support Argentine position; Canada against and US abstains

Latinamerican countries expressed on Thursday their full support for Argentina’s sovereignty claim over the Falklands/Malvinas, during the 43 annual assembly of the Organization of American States taking place in Guatemala. Only Canada was against the OAS final declaration while the United States did not take position on the matter.
Friday, June 7th 2013 - 05:43 UTC
S&P cuts Brazil credit rating outlook to negative because of sluggish growth

Brazil’s credit rating outlook was cut to negative by Standard & Poor’s saying sluggish economic growth and an expansionary fiscal policy could lead to higher government debt levels. Reacting to the announcement a spokesperson from the Finance ministry said “there is no change in economic policy and the environment is conducive to investment”.
Friday, June 7th 2013 - 05:40 UTC
Uruguay tightens terms for the inflow of short-term capital inflows

Uruguay announced on Thursday new measures to discourage short term speculative capital inflows that have appreciated the Peso, eroded the country’s international competitiveness, made imports cheaper than domestic production and threaten an already stubborn inflation.
Friday, June 7th 2013 - 05:35 UTC
Falklands’ government announces arrangements for Liberation Day anniversary

To mark the anniversary of the liberation of the Falkland Islands from Argentine occupation in 1982, the elected government of the Islands has arranged the following program for Friday 14 June 2013.
Friday, June 7th 2013 - 03:30 UTC
Panama, host of next Americas’ summit after consensus to invite Cuba

An “ad hoc” committee, made up of various countries, will advise the Government of Panama, host of the 2015 Seventh Summit of the Americas, regarding a possible invitation to Cuba to participate in the next triennial meeting of Heads of State and Government of the Hemisphere.
Friday, June 7th 2013 - 03:25 UTC
Major tech companies involved in US controversy over ‘security vs privacy’

Major tech companies including Apple Inc, Google and Facebook Inc said they do not provide any government agency with “direct access” to their servers, contradicting a Washington Post report that they have granted such access under a classified data collection program.