Politics

• Wednesday, July 11th 2012 - 01:20 UTC

  Uruguay president and vice-president clash over Venezuela’s Mercosur admission

  

  Uruguayan Vice president Danilo Astori openly clashed with President Jose Mujica over the recent decision to incorporate Venezuela to Mercosur arguing it was “the deepest institutional injury” suffered by the block and questioned the concept that the juridical “has to be at the service of the political”.

• Tuesday, July 10th 2012 - 23:48 UTC

  OAS report to the Permanent Council does not favour suspending Paraguay

  

  The Organization of American States Secretary General Jose Miguel Insulza said that to suspend Paraguay from the OAS “would not contribute to the achievement of our objectives”, governance, the electoral process and institutional normality.

• Tuesday, July 10th 2012 - 21:02 UTC

  The 34-country OECD has 48 million jobless with little hopes until 2014

  

  Unemployment in advanced economies will remain high until at least the end of 2013, with young people and the low-skilled bearing the brunt of what is by far the weakest economic recovery in the past four decades, the OECD said today.

• Tuesday, July 10th 2012 - 14:27 UTC

  Argentine Navy tall ship Libertad visits Guyana and Suriname

  

  Argentina’s Navy tall ship ARA Libertad is docked some ten miles off the coast of Guyana and entertained Prime Minister Samuel Hinds and members of the diplomatic corps as a part of its round-the-world trip which concludes in December of this year.

• Tuesday, July 10th 2012 - 05:27 UTC

  Defence minister Puricelli: Argentina’s Malvinas sovereignty claim is a regional commitment

  

  Argentine Defence minister Arturo Puricelli said that in the same way “the independence of the Argentines is the independence of the region”, the defence of Argentina is also the defence of the region and in this framework of integration Argentina’s sovereignty claim over the Malvinas Islands is a regional commitment.

• Tuesday, July 10th 2012 - 05:24 UTC

  Cristina Fernandez on Independence Day calls for unity and support for the economic model

  

  Argentine President Cristina Fernández made a strong call to unity and to defend the economic model during the main celebrations of the 196th anniversary of the Argentine Declaration of Independence held at San Miguel de Tucumán.

• Tuesday, July 10th 2012 - 05:11 UTC

  Chavez declares he’s totally free of cancer “our offensive begins right now!”

  

  Venezuela's President Hugo Chávez said on Monday he was fully recovered from cancer, three months before an election in which he is seeking another six-year term. “Free, free, totally free,” he told reporters when asked if he was free of the disease that struck a year ago.

• Monday, July 9th 2012 - 21:07 UTC

  Paraguayan industry lobby says forget Mercosur, calls for talks with Pacific Alliance

  

  The president of the Paraguayan Industrial Union Eduardo Filippo said it was essential for the country to establish negotiations outside Mercosur, following the suspension from the group by the remaining three members allegedly because of the rupture of the democratic order.

• Monday, July 9th 2012 - 18:13 UTC

  Euro zone to tighten financial regulation following the Libor rigging scandal

  

  Michel Barnier, the European commissioner in charge of financial regulation, is expected to bring forward changes to his market abuse directive and regulation within in the next weeks, the Financial Times said on Monday.

• Monday, July 9th 2012 - 18:04 UTC

  BoE Tucker denies making any suggestions to Barclays on the Libor (in 2008)

  

  The deputy governor of the Bank of England (BoE) has said he did not give Barclays instructions to lower its Libor submissions in 2008. Paul Tucker said no government minister had asked him to “lean on” Barclays over its inter-bank lending rates. But he also told MPs that the BoE and the government feared that Barclays may need a bailout.