Politics

• Wednesday, July 4th 2012 - 18:37 UTC

  Argentine high court ruling delays mining in glacier and peri-glacier areas

  

  Canadian mining giant Barrick Gold Corp. suffered a legal setback on Tuesday as Argentina's Supreme Court reversed preliminary injunctions that have blocked key parts of a glacier protection law.

• Wednesday, July 4th 2012 - 18:29 UTC

  Cameron prepared to restrict immigration from Euro zone countries

  

  Britain could restrict the immigration of Greeks and other citizens of Euro zone countries affected by Europe's sovereign debt crisis in the event of “extraordinary stresses and strains”, Prime Minister David Cameron said.

• Wednesday, July 4th 2012 - 18:15 UTC

  Deadly conflict challenges Peruvian president Humala fragile mining policy

  

  Peru declared a state of emergency in an area of the northern Andes after three people died in clashes between police and opponents of Newmont Mining Corp. 4.8 billion dollars Minas Conga project.

• Wednesday, July 4th 2012 - 06:19 UTC

  Brazil’s bungled diplomacy infuriates President Rousseff

  

  The crisis triggered by the removal of Paraguayan president Fernando Lugo has spilt over the borders of the country and has turned into a regional controversy that threatens to become a huge headache for Brazilian president Dilma Rousseff according to the weekly magazine Istoé, one of the two with largest circulation in Brazil.

• Wednesday, July 4th 2012 - 05:58 UTC

  Barclays CEO resigns as the Libor rate fixing scandal widens

  

  UK Barclays chief executive Bob Diamond suddenly quit on Tuesday over an interest rate-rigging scandal that threatens to drag in a dozen more major lenders but suggested the Bank of England had encouraged his bank to manipulate the figures

• Wednesday, July 4th 2012 - 02:53 UTC

  Partly Canadian owned South American airline on the verge of bankruptcy

  

  Uruguay’s bankrupt flagship carrier Pluna decided on Tuesday to cancel all flights during 48 hours following an announcement from the union of a two-day strike to protest working conditions and rumours of 200 redundancies.

• Wednesday, July 4th 2012 - 00:37 UTC

  Mujica confirms full support for Minister Almagro and Ambassador Pomi

  

  Even when Uruguayan president Jose Mujica assumed full responsibility for the controversial support suspending Paraguay and embracing Venezuela during the Mercosur summit, other details of events have emerged with Uruguayan ambassador Guillermo Pomi in Argentina, allegedly playing a crucial role.

• Tuesday, July 3rd 2012 - 23:52 UTC

  OAS fact-finding mission presents report to Permanent Council next Monday

  

  Organization of American States (OAS) Secretary General, José Miguel Insulza concluded on Tuesday his fact-finding visit to Paraguay, where he headed a special mission that included OAS Permanent Representatives from Haiti, Canada; United States; Honduras and Mexico.

• Tuesday, July 3rd 2012 - 22:57 UTC

  “A coup against Mercosur” claims leading Brazilian newspaper

  

  Brazil’s conservative but influential daily O Estado de Sao Paulo dedicated the main Tuesday editorial to the Mercosur suspension of Paraguay and the entrance of Venezuela arguing that what happened at the group’s summit in Mendoza was “a coup against” the block.

• Tuesday, July 3rd 2012 - 18:56 UTC

  IMF praises Germany; suggests more stimuli to a tepid performing US economy

  

  An IMF report revealed that the German economy’s performance has been remarkable despite facing considerable headwinds and that the US recovery “remains tepid and subject to elevated downside risks.”