Politics

• Monday, December 3rd 2012 - 05:02 UTC

  Falklands’ mission to learn from the oil experiences of Norway and Shetlands

  

  Senior members from the Falkland Islands government have left for Norway and the Shetland Islands on an experiences-fact-finding mission as the Islands prepare for oil production in the near future.

• Monday, December 3rd 2012 - 04:58 UTC

  Mercosur summit to discuss incorporation of Bolivia and Ecuador as full members

  

  The Mercosur summit which meets this week, December 6/7 in Brasilia is scheduled to debate the incorporation of Ecuador and Bolivia to the regional block which earlier this year, after waiting since 2006 finally integrated Venezuela as full member.

• Monday, December 3rd 2012 - 04:54 UTC

  Holdout funds want Argentina to deposit 250m by December 10

  

  Investment funds suing over Argentina's 2002 debt default have asked a US court to order the country to post a security deposit of at least 250 million dollars by December 10, while an appeal of a lower court's order is pending.

• Monday, December 3rd 2012 - 04:49 UTC

  Colombia/Nicaragua agree to act “with a cool head” following disputed waters ruling

  

  Colombian President Juan Manuel Santos said he has agreed with his Nicaraguan counterpart, Daniel Ortega, “to establish lines of communication” to resolve through diplomatic channels the maritime dispute between the two countries.

• Saturday, December 1st 2012 - 07:48 UTC

  Parlatino ample support for Paraguayan Congress despite Argentina

  

  The Paraguayan congress was strongly supported at the Latinamerican Parliament, Parlatino, which during the XXVIII ordinary session voted against an Argentine motion to have it suspended.

• Saturday, December 1st 2012 - 07:25 UTC

  Unasur summit rejects Falklands’ referendum and wants to limit ‘vulture funds’

  

  The Union for South American Nations (Unasur) agreed to limit the actions of ‘special situation funds’ (hedge funds or ‘vulture funds’) and categorically rejected a referendum that will take in place in the Falkland Islands in March to decide the political status of the archipelago, during the summit that took place in Lima.

• Saturday, December 1st 2012 - 07:07 UTC

  Paraguay blasts Unasur summit decision confirming suspension until April 2013

  

  Paraguay complained bitterly Unasur (Union of South American Nations) decision to confirm the suspension of the country from the group until next April 2013 when elections are scheduled. The decision was described as a ‘systematic persecution’ and ‘interventionism’ of Paraguay, which is contrary to basic principles enshrined in the UN charter.

• Saturday, December 1st 2012 - 07:00 UTC

  Moody’s downgrades EU financial support funds after France loses top grade

  

  Moody's Ratings agency announced it has downgraded the European Stability Mechanism (ESM) and European Financial Stability Facility (EFSF) from “Aaa” to “Aa1,” with negative outlook on each.

• Friday, November 30th 2012 - 23:54 UTC

  Rousseff vetoes part of oil royalties’ bill: victory for producer states

  

  President Dilma Rousseff vetoed on Friday parts of a controversial oil royalties bill that pit Brazil's oil-producing states against the rest of the country in a battle over future oil wealth.

• Friday, November 30th 2012 - 23:51 UTC

  Surprisingly disappointing performance of Brazilian economy in third quarter

  

  Brazil on Friday reported slower than expected economic growth in the third quarter putting more pressure on President Dilma Rousseff to make deeper structural reforms and adding to fears that the global slowdown is reaching big emerging markets.