Politics

Thursday, November 29th 2012 - 18:09 UTC
OAS sends top envoy to Paraguay to prepare for April elections

The Organization of American States, OAS, is sending a top electoral observation official to Paraguay to sponsor national political dialogue and make preparations for the OAS mission that will be following the electoral process leading to elections.
Thursday, November 29th 2012 - 15:24 UTC
Saturday December first, Antarctica Day recalls signature of the 1959 Treaty

Antarctica Day was inaugurated in 2010 to celebrate the 1st December 1959 signature of the Antarctic Treaty, which was adopted “with the interests of science and the progress of all mankind.”
Thursday, November 29th 2012 - 14:00 UTC
Brazil ends cuts and keeps key interest rate unchanged at 7.25%

Brazil's central bank kept its key interest rate unchanged at 7.25% on Wednesday, ending a series of cuts since last year, as the world's sixth largest economy tries to contain inflation.
Thursday, November 29th 2012 - 06:50 UTC
Cristina Fernandez described Argentina as the ‘counter model’ of IMF and the world’s masters

President Cristina Fernández de Kirchner ratified on Wednesday that Argentina will continue to pay all its financial obligations and described as “absolutely unfair” the ruling from Judge Thomas Griesa who favoured the hedge funds to the detriment of 93% of bondholders who joined the 2005 and 2010 debt swaps.
Thursday, November 29th 2012 - 06:42 UTC
Argentina increases 44% wellhead natural gas prices to attract investment

Argentine president Cristina Fernandez announced on Wednesday that wellhead natural gas prices are to rise substantially from current levels, an estimated 44%, with the purpose of attracting more investments and increasing production.
Thursday, November 29th 2012 - 00:31 UTC
Argentina saved from a ‘technical default’; court case continues February 27

A US appeals court on Wednesday granted an emergency stay order that gives Argentina more time to argue against making a 1.33 billion dollars payment to investors who rejected two debt restructurings in the nation's 2002 sovereign debt default.
Wednesday, November 28th 2012 - 23:11 UTC
ARA Libertad can’t be impounded according to IMO, says Ambassador Castro

The International Maritime Organization (IMO) certified that the ARA Libertad frigate is a military vessel, therefore, it can not be impounded, Argentina's ambassador to the UK, Alicia Castro, reported.
Wednesday, November 28th 2012 - 22:20 UTC
Colombia withdraws from UN Justice Court angry at latest ruling on Caribbean islands

Colombia has withdrawn from a treaty that binds it to the UN International Court of Justice in anger at a ruling that shifts some of its resource-rich waters to Nicaragua, President Juan Manuel Santos announced on Wednesday.
Wednesday, November 28th 2012 - 21:50 UTC
Chile and Mexico among the best performing members of OECD in next two years

Chile and Mexico will manage to a great extent to avoid the negative prospects from OECD members in the next two years. The half year report from the Organization for Economic Cooperation and Development anticipates a serious weakening of activity in the Euro zone, the US and Japan, but the two OECD Latinamerican members as well as emerging power Brazil will have a contrasting performance.
Wednesday, November 28th 2012 - 21:14 UTC
Burdened by domestic problems Brazil’s Rousseff will be absent from Unasur summit

Brazilian president Dilma Rousseff has cancelled her attendance to the Union of South American Nations, Unasur summit in Peru on Friday because of “agenda problems” and previous “domestic engagements”, according to the Planalto press secretary office. Vice-president Michel Temer will be attending in her name.