Latin America

Thursday, July 12th 2012 - 07:05 UTC
Washington says Paraguay should not be suspended from OAS and calls for regional unity

Paraguay should not be suspended from the Organization of American States, OAS, despite the removal of President Fernando Lugo, said on Wednesday Roberta Jacobson, Assistant Secretary of State for Western Hemisphere Affairs.
Thursday, July 12th 2012 - 07:00 UTC
Canada protests Bolivian decision to revoke licence to mine silver deposits

Canadian company is protesting Bolivia's decision to revoke its licence to mine a rich silver deposit in the country and nationalize the project.
Thursday, July 12th 2012 - 02:27 UTC
Chavez after an extra 9bn dollar to fund “Love for the Elderly”

Venezuelan President Hugo Chávez will seek Congress' approval to hike the 2012 government borrowing cap by about a third to 27 billion dollars to help fund a new pension program ahead of his October 7 re-election bid.
Thursday, July 12th 2012 - 02:03 UTC
Paraguayan Supreme Court receives unconstitutional appeal on Lugo’s removal

The Paraguayan Supreme Court accepted on Wednesday an unconstitutional appeal against the removal of President Fernando Lugo which requests the annulment of the political impeachment undertaken and voted by Congress.
Thursday, July 12th 2012 - 01:59 UTC
Chile’s top copper producer placed 2bn dollars in 10 and 30-year bonds

The world’s number one copper producer Codelco announced it had placed 2 billion dollars in bonds, its largest debt issue to date, aimed at refinancing debt and funding a good part of the miner's 2013 investments.
Wednesday, July 11th 2012 - 22:23 UTC
Italy’s caretaker PM Monti says next year’s election can be looked at “with serenity”

Italy's technocrat Prime Minister Mario Monti, appointed last year to steer his country through a debt crisis, said he was confident a stable government would be formed after elections in 2013, playing down fears of deadlock after he steps down.
Wednesday, July 11th 2012 - 19:24 UTC
With Venezuela, Mercosur will extend from Patagonia to the Caribbean

Brazilian Foreign minister Antonio Patriota again supported the access of Venezuela as full member of Mercosur and the suspension of Paraguay, which he described as a clear message for all those possible “anti-democratic adventures”.
Tuesday, July 10th 2012 - 23:48 UTC
OAS report to the Permanent Council does not favour suspending Paraguay

The Organization of American States Secretary General Jose Miguel Insulza said that to suspend Paraguay from the OAS “would not contribute to the achievement of our objectives”, governance, the electoral process and institutional normality.
Tuesday, July 10th 2012 - 21:22 UTC
Brazil plans to combat endemic dengue fever with GM mosquitoes

Brazil said it will breed huge numbers of genetically modified mosquitoes to help stop the spread of dengue fever, an illness that has already struck nearly 500,000 people this year nationwide, killing 74.
Tuesday, July 10th 2012 - 05:27 UTC
Defence minister Puricelli: Argentina’s Malvinas sovereignty claim is a regional commitment

Argentine Defence minister Arturo Puricelli said that in the same way “the independence of the Argentines is the independence of the region”, the defence of Argentina is also the defence of the region and in this framework of integration Argentina’s sovereignty claim over the Malvinas Islands is a regional commitment.