Politics

• Saturday, November 24th 2012 - 04:25 UTC

  OAS will send more than 50 international observers to Paraguay’s election

  

  The Organization of American States (OAS) and Paraguay signed an agreement this week to send observers to the April 2013 elections. OAS contrary to Unasur and Mercosur did not describe Paraguay political events of last June as “a rupture of the democratic process” or a congressional coup and has been supportive of the country.

• Friday, November 23rd 2012 - 23:20 UTC

  Mujica calls for prudence with salaries: “look at what is happening on the other side (Argentina)”

  

  Uruguayan president Jose Mujica appealed to workers and entrepreneurs to avoid an escalation of salaries and prices which leads “to all sort of fiddling” as is happening in Argentina.

• Friday, November 23rd 2012 - 21:15 UTC

  Brazil steering its currency to competitive ground for manufacturing

  

  Brazil's exchange rate is at a reasonable level though not totally satisfactory said Finance Minister Guido Mantega on Friday, in an indication that the government is prepared to further weaken the Real to boost a still weak economy.

• Friday, November 23rd 2012 - 20:15 UTC

  Brazil has its first ever black head of the Supreme Court

  

  Brazil judge Joaquim Barbosa took the oath of office as Brazil's first ever Afro descendant head of the Federal Supreme Tribunal (Supreme Court) on Thursday, in a historic ceremony attended by President Dilma Rousseff and other top leaders.

• Friday, November 23rd 2012 - 13:06 UTC

  Bolivia accepts invitation to become a full member of Mercosur

  

  Bolivia accepted the official invitation to become full member of Mercosur and hopes to sign the first accords during the coming summit of the block in early December in Brasilia, said President Evo Morales.

• Friday, November 23rd 2012 - 09:27 UTC

  Unasur delegate in non-official fact finding mission in Paraguay

  

  The head of the Unasur High Level Group for Paraguay, former Peruvian Prime Minister Salomon Lerner is currently in the country where he arrived as a simple tourist with plans to meet local political leaders, members of the country’s Electoral Tribunal and get a feeling of the atmosphere in the run to presidential elections next April 2013.

• Friday, November 23rd 2012 - 05:24 UTC

  Argentina to request on Monday a review of US Judge Griesa latest ruling

  

  Argentine Economy Minister Hernán Lorenzino assured during a press conference on Thursday that “paying off the vulture funds is illegal,” and said that the ruling by US District Judge Thomas Griesa against Argentina is “unfair”.

• Friday, November 23rd 2012 - 05:19 UTC

  Mexico’s war on drugs a “failure” according to public opinion poll

  

  The war on drugs launched by outgoing Mexican President Felipe Calderón six years ago has been a ‘failure’ concluded a public opinion poll on public security and law and order, done by the Mexico United against Crime non government organization.

• Friday, November 23rd 2012 - 01:46 UTC

  Roubini warns Argentina is heading for a highly vulnerable “State capitalism”

  

  Argentina is adopting measures that impact negatively on investors and consumers confidence warned US economist Nouriel Roubini who became world famous for having anticipated the international crisis of the sub-prime mortgages and junk bonds.

• Thursday, November 22nd 2012 - 22:56 UTC

  Argentine navy short on spares and resources for training and maintenance

  

  The Argentine navy is not going through one of its great moments, not only because of the impounded flagship ARA Libertad in Ghana and the ARA Espora stranded in South Africa waiting for spares. The rest of the fleet is suffering the consequences of years of lack of maintenance and training with corvettes, destroyers and even submarines involved in mechanical and conducting incidents.