Politics

• Friday, February 19th 2010 - 21:11 UTC

  Argentina rejects orthodox recipes to fight inflation; promises “competitive” peso

  

  Argentina’s Central bank new authorities rejected orthodox recipes as a way to fight rising consumer prices anticipating they will focus on helping companies boost output as private economic analysts forecast inflation ranging between 20 and 30% this year after having reached 15% in 2009.

• Friday, February 19th 2010 - 21:08 UTC

  Embattled Greek PM warns in London of “contagion”

  

  The Greek Prime Minister has admitted there is a “fear of contagion” as his nation battles its debt crisis. George Papandreou also insisted his country was not looking for a banking-style bailout and denied that his people were “reckless”.

• Friday, February 19th 2010 - 21:02 UTC

  Argentine central bank and Economy ministry seal “policies coordination”

  

  Argentina’s Economy Minister Amado Boudou and Central Bank Governor Mercedes Marcó del Pont announced the appointing of the Council of Exchange, Financial, Economical and Monetary Politics.

• Friday, February 19th 2010 - 18:23 UTC

  Argentine efforts to disrupt Falklands’ oil drilling round meet cool reception

  

  As the “Ocean Guardian” oil rig was this morning due to arrive at Desire Petroleum’s prospecting site 100 miles off the Falkland Islands, Argentina’s latest efforts to disrupt exploration were treated to a cool response by the United Kingdom and Falklands elected authorities, reports this Friday edition of the Penguin News.

• Friday, February 19th 2010 - 05:18 UTC

  Lula da Silva’s bets all his prestige on Dilma Rousseff as presidential candidate

  

  “The Great Transformation” project takes off this weekend when the Brazilian ruling party of President Lula da Silva will be nominating his hand-picked candidate for the October presidential election, none else than cabinet chief Dilma Rousseff, 62.

• Friday, February 19th 2010 - 03:08 UTC

  US and Cuba resume immigration talks in Havana

  

  The US government confirmed that one of its top diplomats for Latin America will participate this week in Havana in a new round of talks on immigration issues with Cuba.

• Thursday, February 18th 2010 - 22:17 UTC

  Mujica administration plans to strengthen political links with the region

  

  Uruguay’s president-elect Jose Mujica, once instated next March first, will be visiting several countries of the region while his administration will attempt closer political links with neighbouring countries to facilitate trade, said Luis Almagro, the future Foreign Affairs minister.

• Thursday, February 18th 2010 - 21:56 UTC

  Falkland Islands’s Government says oil drilling round will commence as planned next week

  

  The Falkland Islands reaffirmed its right to develop a hydrocarbons industry and anticipated that in spite of disruptive measures from Argentina the oil drilling round will commence as planned early next week, “weather permitting”.

• Thursday, February 18th 2010 - 21:36 UTC

  Argentina looking for mainland business links of Falkland oil companies

  

  The Argentine government is looking into the British oil companies involved in the Falkland Islands exploratory drilling operation checking on their possible links to interests in Argentina (and if so the infringement of legislation of Argentine legislation), according to reports in the Buenos Aires press.

• Thursday, February 18th 2010 - 13:48 UTC

  Argentine consumers expect inflation in next 12 months to reach 30%

  

  Argentines expect consumer prices to rise 31.1% over the next 12 months, led by higher forecasts from the lower income category, according to the average estimate in a poll from Torcuato Di Tella University.