International

• Tuesday, April 17th 2012 - 00:24 UTC

  “Corruption the greatest threat” to the ruling party admits China’s Wen Jiabao

  

  An influential Chinese journal has reprinted comments from China's premier calling for tougher anti-corruption rules, as a political scandal deepens. Wen Jiabao said corruption was the greatest threat to the ruling party

• Monday, April 16th 2012 - 21:48 UTC

  Argentina sends bill to takeover control of YPF from Spain’s Repsol

  

  Argentine President Cristina Fernández de Kirchner sent to Congress a draft bill to expropriate Spain’s Repsol’s holdings of YPF oil and gas company. The announcement was made on Monday at the Government House during a sudden meeting with officials, political leaders, unionists and businessmen.

• Monday, April 16th 2012 - 06:54 UTC

  Americas’ summit ends divided with no final declaration on the Cuban issue

  

  Unprecedented Latin American opposition to US sanctions on Cuba left President Barack Obama isolated at a summit on Sunday and illustrated Washington's challenged influence in a region being aggressively courted by China.

• Monday, April 16th 2012 - 04:55 UTC

  Obama confirms at the summit US neutrality on the Falklands/Malvinas question

  

  The US will remain on the sidelines in the dispute between the UK and Argentina over the Falkland Islands sovereignty, said President Barack Obama on Sunday at the conclusion of the Summit of the Americas in Colombia.

• Sunday, April 15th 2012 - 21:56 UTC

  YPF dispute in calmer waters: Argentina yields and Repsol CEO calls for dialogue

  

  The CEO from Spain’s main oil corporation Repsol, Antonio Brufau said that there should be no speeches or attempts to impose, but rather more dialogue, in direct reference to the ongoing conflict with the Argentine government over the possible takeover of the YPF branch.

• Sunday, April 15th 2012 - 16:03 UTC

  China allows wider flotation margin for the Yuan against the US dollar

  

  China will allow the Yuan to trade in a wider daily range against the US dollar from Monday, taking another major step to further liberalise its exchange rate regime and make its currency more market oriented.

• Sunday, April 15th 2012 - 16:01 UTC

  Rousseff blasts rich countries “monetary flooding”: marks difference between defending and protecting

  

  Brazilian president Dilma Rousseff staunchly defended Latin American integration as she took part of the CEO forum at the 6th Summit of the Americas in Cartagena de Indias, Colombia. She blasted rich countries over their so called “monetary flooding” because it attempts against the industrialization of emerging nations.

• Sunday, April 15th 2012 - 15:59 UTC

  US security personnel prostitution scandal eclipses much of the Summit of the Americas

  

  A prostitution scandal involving US security personnel in Colombia and an unprecedented regional push to end the isolation of Cuba threatened to eclipse President Barack Obama's charm offensive to Latin America.

• Sunday, April 15th 2012 - 05:31 UTC

  Spain feels conflict with Argentina over YPF “seems to be getting back on course”

  

  In the last 48 hours “things seem to be getting back on course” said on Saturday Spain’s Minister of Industry Jose Manuel Soria in reference to the ongoing conflict with the Argentine government over the possible take over of YPF, the Argentine affiliate of Spain’s Repsol.

• Saturday, April 14th 2012 - 06:48 UTC

  YPF dispute: Argentina runs the risk of becoming an ‘international pariah” warns Spain

  

  Spanish officials warned Argentina on Friday that the country risks becoming “an international pariah” if it follows through on its threats to take control of Spanish-owned energy company Repsol's majority stake in its YPF unit.