Politics

• Wednesday, November 28th 2012 - 21:50 UTC

  Chile and Mexico among the best performing members of OECD in next two years

  

  Chile and Mexico will manage to a great extent to avoid the negative prospects from OECD members in the next two years. The half year report from the Organization for Economic Cooperation and Development anticipates a serious weakening of activity in the Euro zone, the US and Japan, but the two OECD Latinamerican members as well as emerging power Brazil will have a contrasting performance.

• Wednesday, November 28th 2012 - 21:14 UTC

  Burdened by domestic problems Brazil’s Rousseff will be absent from Unasur summit

  

  Brazilian president Dilma Rousseff has cancelled her attendance to the Union of South American Nations, Unasur summit in Peru on Friday because of “agenda problems” and previous “domestic engagements”, according to the Planalto press secretary office. Vice-president Michel Temer will be attending in her name.

• Wednesday, November 28th 2012 - 20:28 UTC

  Argentina faces 65bn dollars in claims; plans to abandon international litigations court

  

  Argentina faces 42 claims at the World Bank’s ICSID in which the plaintiffs are demanding compensations for almost 65 billion dollars, revealed Eduardo Barcesat legal advisor to the Argentine Treasury and one of several lawyers who has defended the country in those litigations.

• Wednesday, November 28th 2012 - 16:42 UTC

  EC 37bn Euro check for Spanish banks but 50% of branches must go and hair cut for bond holders

  

  The European Commission gave on Wednesday the go ahead for Spain to overhaul its stricken nationalized banks and opened the door for nearly 40 billion Euros in Euro zone aid to be disbursed, offering hope for an end to Spain's banking crisis.

• Wednesday, November 28th 2012 - 16:23 UTC

  The clandestine repressive “Condor Plan” was masterminded by the Brazilian military

  

  The head of Brazil’s Justice and Human Rights Movement, Jair Krischke stated before the Truth Committee that it was the Brazilian dictatorship which master minded the notorious Plan Condor, the South American military dictatorships undercover trans-border organization of the sixties and seventies.

• Wednesday, November 28th 2012 - 16:08 UTC

  MP questions lack of “Territory Status” for BOTs in Commonwealth future report

  

  Conservative MP Andrew Rosindell has written to the London representatives of British Overseas Territories to alert them to what he sees as a shortfall in a new report on the future of the Commonwealth.

• Wednesday, November 28th 2012 - 16:03 UTC

  Brazil contrary to lifting suspension of Paraguay from Unasur until April

  

  Brazilian Executive special advisor on International Affairs, Marco Aurelio Garcia anticipated that at the coming summit in Lima, the Union of South American Nations, Unasur, would not lift the suspension on Paraguay which will hold until April’s election.

• Wednesday, November 28th 2012 - 00:07 UTC

  In the midst of regional elections Chavez returns to Cuba to continue cancer treatment

  

  Venezuelan President Hugo Chavez said he is returning to Cuba on Tuesday to continue treatment for cancer, raising new questions about his health just weeks after he won re-election to another six-year term.

• Tuesday, November 27th 2012 - 23:52 UTC

  Peruvian president tells Argentine congress of its solidarity with the Malvinas issue

  

  Peruvian president Ollanta Humala expressed solidarity with Argentina in the Malvinas Islands issue and said that “the problems of the region are common problems” for all countries.

• Tuesday, November 27th 2012 - 22:54 UTC

  Argentina will make a plea at the Unasur summit to jointly face ‘vulture funds’

  

  During a ceremony to receive visiting Peruvian leader Ollanta Humala Argentine President Cristina Fernández said that she would make a plea for Unasur members to come together in the fight against ‘vulture funds’ (hedge funds) when the region’s leaders meet this week in Lima.