Politics

Thursday, October 25th 2012 - 06:39 UTC
US sues Bank of America for mortgage fraud; ex Goldman & Sachs, two years in jail

Bank of America is being sued for 1bn dollars for alleged mortgage fraud. The civil lawsuit has been brought by the US Attorney Preet Bharara, the top federal prosecutor in Manhattan, New York.
Thursday, October 25th 2012 - 06:37 UTC
War on drugs has failed and requires new radical reform, says LSE report

The global war on drugs has failed and international policy requires radical reform to remove outmoded, unscientific thinking, according to a major new report from the London School of Economics and Political Science which has been endorsed by President Santos of Colombia.
Thursday, October 25th 2012 - 06:34 UTC
Colombia says FARC has an annual budget of 2.4bn and an army of 8.147

Colombian Defence minister Juan Carlos Pinzón said that the guerrilla group FARC make anywhere from 2.4 to 3.5 billion dollars per annum from the drug trade and estimated they have an army of 8.147 members.
Thursday, October 25th 2012 - 06:28 UTC
Argentine seamen are back in Buenos Aires; small group remains in Ghana

After three weeks retained in Ghana, members of the crew and cadets from the Argentine Navy training vessel ARA Libertad arrived past midnight Wednesday to Ezeiza airport in Buenos Aires where relatives and media were waiting.
Thursday, October 25th 2012 - 00:10 UTC
Fed pledges all efforts and policy tools to combat “elevated” unemployment

In its last meeting before the November 6 presidential election, the Federal Reserve confirmed its current fresh-money support program for the recovery of the US economy arguing that growth continues slowly and unemployment rate “remains elevated”.
Thursday, October 25th 2012 - 00:04 UTC
Argentine lawmakers press Falklands’ issue on UK peers at Parliamentary Union

Argentine lawmakers met with their UK peers and called for an end to unilateral hydrocarbons explorations in Falkland Islands waters and for an end to military exercises in the South Atlantic.
Wednesday, October 24th 2012 - 21:12 UTC
“Ecuador in the midst of a press freedom crisis”, claims IPI in-situ report

The International Press Institute (IPI) released a final report on its May 2012 press freedom mission to Ecuador, stating that the nation’s private media outlets are being targeted by the government of President Rafael Correa.
Wednesday, October 24th 2012 - 21:04 UTC
First time in US presidential race history that no candidates are WASP

Argentine political analyst and historian Rosendo Fraga writes about the US presidential elections and their global impact, plus underlining some interesting facts about the country’s population and religion trends and their impacts.
Wednesday, October 24th 2012 - 05:51 UTC
Cristina Fernandez triggers further uncertainty and fears to markets and investors

The Argentine stock market Merval index fell the most in eleven months following on President Cristina Fernandez plans to overhaul securities rules and force insurers to spend more on industrial and infrastructure projects.
Wednesday, October 24th 2012 - 05:34 UTC
‘Ice Project’ will feature film on Shackleton and search for his vessel Endurance

There are impressive plans to mark the centenary of British explorer Ernest Shackleton’s 1914 Endurance expedition with a search for the wreck of the vessel on the sea floor in the Weddell Sea and a feature film based on the failed expedition, shipwreck and subsequent survival and heroic rescue the stranded men.