Politics

• Wednesday, November 16th 2011 - 18:04 UTC

  Italian cabinet, totally technocrat, sworn in; parties promise support for reforms

  

  Mario Monti formed a new technocrat government in Italy Wednesday to tackle a major debt crisis threatening the entire Euro zone and said he hoped it would placate financial markets.

• Wednesday, November 16th 2011 - 14:36 UTC

  ECB moves in to stop sell-off of EU bonds; Obama calls for stronger political will

  

  The European Central Bank stepped in on Wednesday to stem an accelerating sell-off of Euro zone government bonds, traders said, after the United States called for more decisive action to halt a spreading sovereign debt crisis.

• Wednesday, November 16th 2011 - 14:33 UTC

  Brazil says BRICS is large enough for the moment

  

  Brazil does not want to see the BRICS group of emerging countries enlarged for the time being but demands the developing world be given a greater say in international bodies, the country's foreign minister said on Wednesday.

• Wednesday, November 16th 2011 - 14:28 UTC

  Argentina’s main airports activity back to normal, except for Aerolineas

  

  Argentina’s flag carrier Aerolíneas Argentinas flights were still backed up Wednesday morning, due the weekend’s union conflicts, in addition to the volcanic ash cloud spewed by Chile’s Pueyhue volcano last week.

• Wednesday, November 16th 2011 - 05:11 UTC

  US will “keep reminding” Argentina it must comply with international obligations

  

  The administration of President Barak Obama reaffirmed its decision to “keep reminding” Argentina of the need to comply with its international obligations as well as the importance of upholding an investment climate ‘transparent and fair’ that includes paying creditors, points out a piece from Buenos Aires La Nacion correspondent in Washington.

• Wednesday, November 16th 2011 - 05:08 UTC

  Judge upholds New York City eviction of protestors from Zuccotti Park

  

  A judge upheld New York City's legal justification for evicting Occupy Wall Street protesters from a park when police in riot gear broke up a two-month-old demonstration against economic inequality.

• Wednesday, November 16th 2011 - 00:34 UTC

  Argentina tells Uruguay it will not accept surplus Pesos from the summer season

  

  Argentina will not take back the millions of Pesos that thousands of tourists spend in neighbouring Uruguay during the summer season. That was the reply to a request from Uruguay’s largest bank branch in the City of Buenos Aires, according to banking sources in Montevideo.

• Tuesday, November 15th 2011 - 23:05 UTC

  Peruvian Vice-President suspended from Congress over corruption allegations

  

  The ethics committee in Peru's Congress voted on Tuesday to suspend Vice President Omar Chehade from the legislature over corruption allegations, increasing pressure on him to resign from both posts.

• Tuesday, November 15th 2011 - 23:03 UTC

  Colombia’s FARC name a new leader and promise to fight on

  

  Colombia's FARC guerrillas named Timoleon Jimenez, known as Timochenko, as the group's new leader after its previous boss was killed this month, according to a rebel statement published on a website.

• Tuesday, November 15th 2011 - 22:04 UTC

  NYC police evict ‘Occupy Wall Street’ protestors’ camp from financial district

  

  Police wearing helmets and carrying shields evicted protesters with the Occupy Wall Street movement early Tuesday from the park in New York City's financial district where they have camped since September, dismantling their tent city and arresting about 70 people.