Politics

• Friday, May 28th 2010 - 04:51 UTC

  Argentina wins appeal on damage award to thousands of defaulted bond holders

  

  US federal appeals court threw out a 2.24 billion US dollars damage award to tens of thousands of investors who held defaulted Argentine sovereign bonds, saying a lower court erred in calculating an “inflated” sum.

• Friday, May 28th 2010 - 04:48 UTC

  Brazil confident it can bring inflation on target and confront EU slowdown

  

  Brazil’s central bank chief Henrique Meirelles said he’s “confident” inflation will meet the target because the country has already started raising interest rates. He also admitted that Brazil is seeing “some decline” in exports to Europe as the region’s indebted nations struggle to cut budget deficits.

• Friday, May 28th 2010 - 04:46 UTC

  OAS ‘deep concern’ over incidents in Jamaica with dozens killed

  

  The Organization of American States, OAS, human rights specialized body expressed “deep concern” Thursday over the violence engulfing Jamaica and wants an inquiry into the unrest that has left dozens dead.

• Friday, May 28th 2010 - 04:35 UTC

  Spain’s austerity package narrowly approved by one vote

  

  There has been temporary relief for Spain’s governing Socialists as parliament narrowly approved the 15 billion Euro austerity package: the motion was passed by only one vote, 169 to 168.

• Friday, May 28th 2010 - 04:27 UTC

  Cristina Kirchner meets Lula da Silva to discuss bilateral trade differences

  

  In the midst of the tension between Argentina and Brazil, President Cristina Fernández de Kirchner will meet Friday with Brazilian President Lula Da Silva after both take part in the 3rd annual United Nations “Alliance of Civilizations” Summit taking place in Rio do Janeiro.

• Thursday, May 27th 2010 - 09:27 UTC

  Latinamerica must detach ‘utopia from true history and reality’

  

  Renowned Peruvian writer Mario Vargas Llosa during a conference in Israel strongly criticized Latinamerican leaders such as Cuba’s Fidel Castro, Venezuela’s Hugo Chavez and Brazil’s Lula da Silva.

• Thursday, May 27th 2010 - 09:18 UTC

  Taiana admits Tories are ‘tougher’ on Malvinas but promises a ‘hot’ June

  

  Argentine Foreign Affairs Minister Jorge Taiana admitted that the new conservative British government of PM David Cameron is taking ”a tougher stance” than its predecessors towards the Argentine claim on the Falkland/Malvinas Islands' sovereignty.

• Thursday, May 27th 2010 - 09:15 UTC

  Falklands happy as British Overseas Territory and ‘don’t like being told by others what to do’

  

  The Falkland Islands are happy with the current status of British Overseas Territory, based on the right to self determination and do not like being told by others what to do, Falklands’ Legislative Assemble member Emma Edwards told a United Nations decolonization seminar held in New Caledonia.

• Thursday, May 27th 2010 - 09:11 UTC

  Argentina’s delay in dispatching imports is irritating trade partners

  

  Since the controversial Argentine Interior Commerce Secretary Guillermo Moreno announced in an April 23 letter that he will examine overseas purchases to consider the competitiveness of the national market, products worth millions of dollars have been delayed at Argentina’s borders and ports.

• Thursday, May 27th 2010 - 09:09 UTC

  Germany preparing for “orderly state insolvency” in support of the Euro

  

  Germany's push for an orderly insolvency process for indebted Euro zone states suggests Berlin is assuming the worst: that one of its peers -- most likely Greece -- will default on its debt repayments.