Politics

• Thursday, July 12th 2012 - 02:41 UTC

  Apartment in historic Watergate complex sells for 3.1million dollars

  

  An apartment in the Watergate complex, best known for the break-in that brought down President Richard Nixon in the 1970s, has sold for a record 3.1 million dollars, the Washington Post reported Monday.

• Thursday, July 12th 2012 - 02:27 UTC

  Chavez after an extra 9bn dollar to fund “Love for the Elderly”

  

  Venezuelan President Hugo Chávez will seek Congress' approval to hike the 2012 government borrowing cap by about a third to 27 billion dollars to help fund a new pension program ahead of his October 7 re-election bid.

• Thursday, July 12th 2012 - 02:03 UTC

  Paraguayan Supreme Court receives unconstitutional appeal on Lugo’s removal

  

  The Paraguayan Supreme Court accepted on Wednesday an unconstitutional appeal against the removal of President Fernando Lugo which requests the annulment of the political impeachment undertaken and voted by Congress.

• Wednesday, July 11th 2012 - 22:33 UTC

  ILO anticipates further job losses in Euro-zone because of austerity measures

  

  The Euro-zone could lose 4.5 million more jobs in the next four years unless the region shifts away from austerity, the International Labour Organization (ILO) has warned. That rise would take unemployment in the 17-nation bloc to 22 million.

• Wednesday, July 11th 2012 - 22:28 UTC

  Rajoy raises VAT to 21% and drastically cuts benefits and other perks

  

  Prime Minister Mariano Rajoy announced a swathe of new taxes and spending cuts designed to slash 65 billion Euros from the budget deficit by 2014 as recession-plagued Spain struggles to meet tough targets agreed with Europe.

• Wednesday, July 11th 2012 - 22:23 UTC

  Italy’s caretaker PM Monti says next year’s election can be looked at “with serenity”

  

  Italy's technocrat Prime Minister Mario Monti, appointed last year to steer his country through a debt crisis, said he was confident a stable government would be formed after elections in 2013, playing down fears of deadlock after he steps down.

• Wednesday, July 11th 2012 - 19:24 UTC

  With Venezuela, Mercosur will extend from Patagonia to the Caribbean

  

  Brazilian Foreign minister Antonio Patriota again supported the access of Venezuela as full member of Mercosur and the suspension of Paraguay, which he described as a clear message for all those possible “anti-democratic adventures”.

• Wednesday, July 11th 2012 - 07:17 UTC

  Defence of Argentine sovereignty over Malvinas has become “a regional issue”

  

  The Argentine ambassador in London Alicia Castro said that South America has reached such a degree of unity that it is possible to think “on the defence of Argentine sovereignty over the Malvinas in regional terms”.

• Wednesday, July 11th 2012 - 06:43 UTC

  PM Cameron/Hollande summit: France admits “Europe at different speeds”

  

  President Francois Hollande and British Prime Minister David Cameron tried Tuesday to shake off a rocky start to their relationship despite lingering differences over the Euro zone crisis.

• Wednesday, July 11th 2012 - 06:28 UTC

  CFK announces pay rise for the military and plays the nationalistic tune

  

  Argentine President Cristina Fernández, CFK, announced Tuesday evening a pay rise for all military personnel, effective July first during the Armed Forces annual dinner at the Libertador Building, in the Ministry of Defence.