Politics

Thursday, June 28th 2012 - 21:39 UTC
Moody’s downgrades 11 Brazilian banks ratings which could be exposed to a debt crisis

US rating agency Moody's had downgraded the ratings of 11 Brazilian banks by one to three notches, almost all of them to the level of Brazil's sovereign credit rating.
Thursday, June 28th 2012 - 20:40 UTC
Falklands’ government accepts content to discuss air links and fisheries with Argentina

The Falkland Islands government announced on Thursday it is content to hold preliminary talks with Argentina on air links and fisheries cooperation as was proposed by Argentine ambassador Alicia Castro to the Foreign Office last April 23, given certain clarifications.
Thursday, June 28th 2012 - 20:23 UTC
HMS Protector back in Portsmouth after seven months in Antarctica duties

Royal Navy ice patrol ship HMS Protector returned to Portsmouth on June 27 from her maiden deployment. The 5.000-ton ice-breaker spent most of her seven months away surveying and patrolling the Antarctic Peninsula.
Thursday, June 28th 2012 - 08:14 UTC
CFK called on all Argentines to unite in defending the model started in 2003

Argentine president Cristina Fernandez said on Wednesday that in an uncertain global scenario the priority of her administration was to ensure jobs and called on all sectors to unite in the defence of the political and economic model implemented since 2003.
Thursday, June 28th 2012 - 08:09 UTC
Moyano accuses Cristina Fernandez of arrogance, extortion and keeping workers’ monies

Argentina’s chief of the powerful CGT Labour Confederation Hugo Moyano blasted President Cristina Fernandez and her government during a massive rally Wednesday in the heart of Buenos Aires at the highly symbolic Plaza de Mayo.
Thursday, June 28th 2012 - 08:02 UTC
US will wait for OAS report before deciding on Paraguayan situation

United States strongly supports the Organization of American States Council decision to send a top level delegation to Paraguay headed by Secretary General Jose Miguel Insulza, said on Wednesday US State Department spokesperson Victoria Nuland during the daily briefing.
Thursday, June 28th 2012 - 07:56 UTC
“Test of strengths” shows Moyano is capable of challenging Cristina Fernandez

The two call for dialogue but at the same time argue they are victims of extortion so it is difficult to see reconciliation, rather as escalation of the confrontation between President Cristina Fernandez and organized labour chief Hugo Moyano, particularly following on Wednesday national strike and rally at Plaza de Mayo.
Thursday, June 28th 2012 - 07:43 UTC
German cabinet approves plan to balance federal budget three years earlier

As was anticipated and ahead of a crucial European Union leaders summit Chancellor Angela Merkel’s Cabinet approved on Wednesday a spending plan that balances Germany’s federal budget three years earlier than required by its own rules.
Thursday, June 28th 2012 - 07:37 UTC
Paraguay manufacturers support the country’s expulsion from Mercosur

Paraguay’s head of the Industrial Union Eduardo Felippo said that he’s supportive of the possibility that the country is excluded from Mercosur, adding that “the rest of the members are going to lose more money than us”
Wednesday, June 27th 2012 - 21:56 UTC
Brazil going “to bus” its way out of the economic slowdown

The Brazilian government plans to buy over a third of the country’s output of buses and reduce borrowing costs for state-funded investments to a record as part of a new round of measures to revive stalled growth.