Politics

• Wednesday, September 18th 2013 - 20:33 UTC

  Fed decides to keep stimulus: fears of economy sluggishness and still slow labour market

  

  In a surprise move after a two-day meeting the US Federal Reserve said on Wednesday that it would continue buying bonds at a rate of 85 billion dollars monthly and expressed concern that a sharp rise in borrowing costs in recent months could weigh on the economy.

• Wednesday, September 18th 2013 - 20:30 UTC

  Paraguay businesses react to Cartes words: ‘first find the scoundrels and only then the claims’

  

  Paraguay’s Industrial Union, UIP, reacted strongly to President Horacio Cartes claims that the private sector was responsible for much that is wrong in government, and suggested an ‘intelligence work’ in the civil service to catch the ‘scoundrels and corrupt’.

• Wednesday, September 18th 2013 - 19:43 UTC

  Argentina’s YPF main partner, Chevron, blasted by Correa who is expected in Buenos Aires

  

  A couple of days before Ecuador’s President Rafael Correa is set to arrive in Argentina he sank his right hand into the bushes of the Ecuadorean Amazon and then showed it to the dozens of journalists summoned for the demonstration: it was covered in oil.

• Wednesday, September 18th 2013 - 07:05 UTC

  Cristina Fernandez on the trail campaign ahead of the October mid-term election

  

  Argentine President Cristina Fernández was again on the campaign trail on Tuesday participating in several inaugurations and political rallies at the province of Buenos Aires in support of her candidate running for Congress in October’s mid term ballot, Martin Insurralde.

• Wednesday, September 18th 2013 - 06:54 UTC

  Falklands/Malvinas: Argentina recalls its major UN diplomatic success in 1964/65

  

  Tierra del Fuego media recalled that on 17 September 1964 a United Nations sub-committee unanimously recommended that the “Malvinas case” be included among issues referred to Decolonisation and thus admits ‘the existence of sovereignty dispute over the Falklands and other South Atlantic islands’.

• Wednesday, September 18th 2013 - 06:46 UTC

  Controversial figure named to advisory board of the Euro-zone leading bank

  

  Santander, the Euro zone's biggest bank, has hired Rodrigo Rato, under investigation in connection with allegations of fraud at state-rescued lender Bankia when he was chairman, to its international advisory board.

• Wednesday, September 18th 2013 - 06:43 UTC

  China will help Venezuela develop a huge oil field investing 14bn dollars

  

  China’s hydrocarbons company Sinopec and Venezuela’s PDVSA (Petroleos de Venezuela SA) agreed investments to develop the Junin 1 oil field in the Orinoco oil strip, which will demand 14 billion dollars for a daily extraction of 200.000 barrels, said PDVSA president Rafael Ramírez currently in Beijing.

• Wednesday, September 18th 2013 - 06:39 UTC

  Venezuela breaks three Mercosur human rights on human rights on abandoning IACHR

  

  By Juan Francisco Alonso - El Universal - Venezuela is not only a full member of the bloc since July 2012, but it also holds the pro-tempore presidency. The entry into force of Venezuela's denunciation of the American Convention on Human Rights, which implies its withdrawal from the Inter-American Court of Human Rights (IACHR Court), breaches at least three regulations of Mercosur regional trade bloc.

• Wednesday, September 18th 2013 - 01:55 UTC

  Paraguay expects to return to Mercosur in 2014; Chile offers closer links and access to the Pacific

  

  President Horacio Cartes said that during 2014 links between Paraguay and Mercosur will be fully re-established and by then all the skirmishes motivated by the access of Venezuela as full member of the group, “will be overcome”. However Cartes also mentioned that Paraguay, with support from Chile has a strategic access to the Pacific basin.

• Wednesday, September 18th 2013 - 01:47 UTC

  Mujica to address UN assembly on 28 September; meeting with several Latam presidents

  

  Uruguay’s president Jose Mujica will be attending the UN 68th General Assembly on the last week of September in New York, where he is scheduled to meet with several of his Latinamerica peers and the Secretary General Ban-Ki-moon.