International

• Tuesday, April 2nd 2013 - 05:23 UTC

  India/Mexico bilateral trade expected to reach 15bn dollars by 2015

  

  By R. Viswanathan - Yes… steady is the word to describe the growth of India's trade with Mexico, the second largest market of Latin America. The bilateral trade reached 6.29 billion dollars in 2012 from 4.15bn in 2011, 2.9bn in 2008 and 1.03bn in 2003.

• Tuesday, April 2nd 2013 - 02:18 UTC

  Malvinas invasion recalled by President Cristina Fernandez in Puerto Madryn

  

  Argentine president Cristina Fernandez will lead on Tuesday the commemorations of the 31st anniversary of the Falklands/Malvinas war in the Patagonian city of Puerto Madryn.

• Monday, April 1st 2013 - 10:08 UTC

  Paraguayan president visits Spain and the OAS where he has ample support

  

  Paraguay’s president Federico Franco has arrived in Madrid, a special guest of his peer Mariano Rajoy with whom he will be holding talks at the Moncloa Palace. Rajoy is particularly interested in showing his support for President Franco and Paraguay that have been suspended from Mercosur and Unasur because of the removal by Congress, following political impeachment of Fernando Lugo.

• Monday, April 1st 2013 - 10:03 UTC

  Sao Paulo will host 1.500 political and business leaders from Germany and Brazil

  

  Germany is keen to boost its already substantial investment in Brazil ahead of the 2014 World Cup and the 2016 Rio summer Olympics, the new president of the Brazil-Germany Chamber of Commerce said.

• Monday, April 1st 2013 - 09:46 UTC

  Cyprus depositors over 100.000 Euros could lose 60% of their savings

  

  Bank of Cyprus depositors with more than 100.000 Euros could lose up to 60% of their savings as part of an EU-IMF bailout restructuring move, officials say. The central bank says 37.5% of holdings over 100.000 Euros will become shares.

• Monday, April 1st 2013 - 09:38 UTC

  IMF board of directors continues to support Christine Lagarde

  

  International Monetary Fund Managing Director Christine Lagarde, whose Paris apartment was searched by police March 20 in a case involving businessman Bernard Tapie, retains the backing of the board of directors, an IMF spokesman said.

• Monday, April 1st 2013 - 09:32 UTC

  Opposition admits it will be hard to beat Chancellor Merkel in September

  

  Germany's two main opposition parties traded warnings against joining forces with Chancellor Angela Merkel's conservatives after September's election if they fail to win their own left-of-centre majority.

• Monday, April 1st 2013 - 09:27 UTC

  Italian president confirms PM Monti until a new government can be formed

  

  Italian President Giorgio Napolitano ruled out standing down early to make way for new parliamentary elections, following the failure of attempts to form a government this week. He stressed that Prime Minister Mario Monti retained full authority at the head of a caretaker administration until a new government can be formed

• Monday, April 1st 2013 - 09:13 UTC

  Cameron and Rajoy scheduled to meet this month, says Madrid media

  

  The prime ministers of Spain and Britain will meet in Madrid during the second week of April, according to a weekend report in ABC. The article said the meeting between Mariano Rajoy and David Cameron would centre primarily on the Euro-zone crisis.

• Monday, April 1st 2013 - 09:05 UTC

  Unasur calls on all sides involved to ensure peace and security in the Korean peninsula

  

  The Union of South American Nations, Unasur expressed deep concern and called on all sides involved to ensure the preservation of peace and security in the Korean peninsula.