Politics

• Friday, June 18th 2010 - 05:54 UTC

  Mujica also wants Brazil in the joint monitoring of the River Uruguay

  

  President Jose Mujica said the Wednesday night decision by Argentine activists to lift the (four year) blockade on a bridge leading to Uruguay was ‘our team’s fourth goal’ (in reference to that afternoon’s 3-0 victory over South Africa at the World Cup).

• Friday, June 18th 2010 - 05:43 UTC

  Venezuela’s CITGO offering to pay 12% for a 7 year bond

  

  US based CITGO Petroleum Corporation, a wholly owned subsidiary of Venezuela's state oil company Petroleos de Venezuela S.A. (PDVSA), is coming to market with a 7 year bond and offering to pay 11.75% to 12% on the debt.

• Friday, June 18th 2010 - 04:43 UTC

  Spanish leader advices Cameron to act swiftly and fast with budget cuts

  

  Spanish president Jose Luis Rodriguez Zapatero recommended British PM David Cameron to implement all economic reforms “swiftly, with no delay” and the widest ranging possible.

• Friday, June 18th 2010 - 04:29 UTC

  China wants higher pay for workers; spate of strikes in foreign owned companies

  

  One of China's most influential newspapers, the official People's Daily, has called for workers' incomes to be raised. The paper says wages need to rise to protect stability and transform society.

• Friday, June 18th 2010 - 00:40 UTC

  Brazil and Peru sign agreements to strengthen cooperation and energy integration

  

  Brazil and Peru signed several accords which strengthened regional integration with particular emphasis on energy. The event followed a meeting between Presidents Lula da Silva and Alan Garcia met in Manaus, state of Amazon.

• Friday, June 18th 2010 - 00:13 UTC

  Veteran politician replaces Chilean outspoken ambassador in Argentina

  

  Adolfo Zaldívar, the president of Chile’s Independent Regional Party (PRI), is now Chile’s new ambassador to Argentina.

• Friday, June 18th 2010 - 00:08 UTC

  Spain’s leading bank “one of the best” in the EU, says Rodriguez Zapatero

  

  Spanish banking giant Banco Santander SA (STD) had “one of the best” results from the stress tests conducted by the Committee of European Banking Supervisors, a spokesman for Spanish Prime Minister Jose Luis Rodriguez Zapatero said Thursday.

• Thursday, June 17th 2010 - 22:38 UTC

  Swiss parliament agrees to tax treaty with US, which saves leading bank

  

  Swiss lawmakers approved Thursday a UBS tax treaty with the US, ending a two-year legal battle that threatened the American business of Switzerland’s largest bank. The vote removed the threat of further civil litigation against UBS and additional fallout under US criminal law.

• Thursday, June 17th 2010 - 22:29 UTC

  Irish church leaders attack “shocking” lending practices of some banks

  

  Church leaders in Northern Ireland have launched a bitter attack on the ‘shocking’ lending polices of some banks, claiming they are putting ‘decent’ businesses and people at risk.

• Thursday, June 17th 2010 - 06:13 UTC

  Argentine activists suspend blockade; 60 days to reach agreement

  

  Argentine activists voted Wednesday night to temporarily lift the roadblock on a bridge leading to Uruguay which has been at the heart of a diplomatic dispute between the two countries regarding the construction of a pulp mill on the Uruguayan side which allegedly contaminates.