Prime Minister Mario Monti accused his media magnate rival Silvio Berlusconi of trying to buy votes with impossible promises as Italy's election campaign entered its last phase. With February 24-25 vote two weeks away, polls suggest the centre-left Democratic Party (PD) will win a solid lower house majority but may need a deal with Monti's centrists to gain the control of the Senate it must have to govern.
With Pope Benedict's stunning announcement that he will resign end of the month, the time may be coming for the Roman Catholic Church to elect its first non-European leader and it could be a Latin American. The region already represents 42% of the world's 1.2 billion-strong Catholic population, the largest single block in the Church, compared to 25% in its European heartland and is has several outstanding candidates, according to Church sources.
A new crossfire has emerged between the Argentine President Cristina Fernandez and the Jewish community over the agreement reached by the Argentine government with Iran to investigate the 1994 bombing of a Jewish institution in Buenos Aires which left 85 dead and hundreds injured, and remains unresolved.
British Prime Minister David Cameron conceded that Scotland had what it takes to be an independent nation, but said it currently enjoyed “the best of both worlds”, imploring it not to break the United Kingdom apart.
The Malvinas Forum, Uruguay chapter released a declaration strongly criticizing lawmakers and institutions that have announced they are planning to travel to the Falklands’ for the March10/11 referendum.
British ambassador in Uruguay Ben Lyster-Binns said the coming referendum in the Falkland Islands involves the people of the Islands, United Kingdom and Argentina and expects the Uruguayan government to respect the referendum even when Foreign Minister Luis Almagro anticipated that the country will not recognize the results of the ballot.
Uruguayan opposition lawmakers, as from the rest of the continent will be travelling to the Falklands as observers of the referendum scheduled for next March 10/11 “to see the legitimacy of the process and results” but also because Uruguay has interests that go beyond the territorial dispute between Argentina and the UK.
Foreign Secretary William Hague has accused Argentina of bullying and intimidatory behaviour towards the Falkland Islands. Mr Hague in a Sunday interview with The Sun promised never to negotiate over the islands' sovereignty unless their people called for it - a referendum will take place next month.
Brazilian inflation in January climbed to 0.86%, the highest for the month in the last ten years, according to the country’s stats office, IBGE. Inflation in December was 0.79%, ending the twelve months of last year at 5.82% which was in the target range with a ceiling of 6.5%.
Venezuela devalued its currency for the fifth time in nine years as ailing President Hugo Chavez seeks to narrow a widening fiscal gap and reduce a shortage of dollars in the economy. The new exchange rate falls by 32% to 6.3 Bolivar per dollar starting Feb. 13, Finance Minister Jorge Giordani told reporters in Caracas.