Finance ministers from the Euro-zone have asked Cyprus to reduce the burden on small investors from a proposed levy on savings, linked to a bailout. Plans for a one-off tax of 6.75% on savings up to 100,000 Euros have outraged Cypriots.
With just over a month for Paraguay’s presidential election the opposition candidate from the Colorado Party, Horacio Cartes is ahead with 37.3% vote intention followed by Efrain Alegre who represents the ruling Alianza with 30.3%, according to a public opinion poll contracted by the Asunción newspaper ABC Color and released on Monday.
The Committee of Experts of the Mechanism to Follow Up on Implementation of the Inter-American Convention against Corruption, MESICIC of the Organization of American States began its 21st Meeting with an agenda that includes the approval of reports on Peru, Costa Rica, Argentina, Trinidad and Tobago and Honduras, and a discussion on the responsibility of the private sector in the fight against corruption.
The United Kingdom played down the request made by Argentine President Cristina Fernández to Pope Francis to intervene in the Falklands/Malvinas Islands sovereignty dispute and recalled the recent referendum with an overwhelming support from Islanders to remain a British overseas territory.
Former Argentine dictator Jorge Rafael Videla, came on stage to once again question the Government of President Cristina Fernandez. In an interview with the Spanish media, the dictator said that in case the Kirchnerites try to “perpetuate in power, the armed and security forces along with the people will prevent it.”
Writing for Penguin News its Deputy Editor, John Fowler, takes stock in the wake of the recent referendum in the Falkland Islands which resulted in a 92%turn out and 99.8% of voters opting to maintain the Islands current status as an overseas territory of Great Britain.
World growth is likely to be suppressed below potential for several years to come, but Latin America and the Caribbean can escape this global outlook and boost growth significantly by adopting appropriate structural reforms, according to the Inter-American Development Bank’s annual macroeconomic report, released at the IDB annual meeting.
Former Chilean president Michelle Bachelet who resigned to her job as the Executive Director of UN Women is to be proclaimed as the leading presidential candidate at the opposition parties primary elections to be held next April 13. She has very good chances of repeating her four year period, according to public opinion polls.
Only 28 countries, covering 7% of the world’s population, have comprehensive road safety laws on all five key risk factors: drinking and driving, speeding, and failing to use motorcycle helmets, seat-belts, and child restraints.
The Pope has no reason to intervene in the Falklands/Malvinas dispute, since the Vatican is not an international tribunal and there is no imminence of a war, according to Rodolfo Terragno an Argentine lawyer and former head of cabinet, minister and congressman.