Politics

Friday, May 11th 2012 - 21:01 UTC
“Malvinas usurpation” affects all South American nations, argues Argentina

Defence Minister Arturo Puricelli once again claimed Argentine sovereignty over the Falklands/Malvinas Islands at the Unasur headquarters in Ecuador and warned that “the usurpation of the Islands affects all of the South American nations” plus insisting on the military/civilian ration in the Islands.
Friday, May 11th 2012 - 12:29 UTC
As in Hitler’s time, the Olympic spirit exploited for political purposes

By Harold Briley - Hitler exploited the Olympics. Argentina’s cynical and infantile exploitation of the Olympic Games for political purposes is a reminder, if any is needed, of its persistent failure to abide by accepted standards of honesty and decency.
Friday, May 11th 2012 - 03:49 UTC
Argentine April inflation 2.16% and 23.45% in 12 months according to ‘Congress-index’

April inflation in Argentina averaged 2.16% accumulating 23.45% in the last twelve months, --more than double the official index-- according to the monthly release from opposition members of Congress based on information from private economic consultants.
Friday, May 11th 2012 - 01:24 UTC
Brazil underlines the “great political convergence” with Argentina in spite of trade differences

Foreign Minister Antonio Patriota praised the “great political convergence” between Argentina and Brazil and assured that any existing problems related to the bilateral trade “do not tarnish this very strong reality.”
Friday, May 11th 2012 - 00:16 UTC
Brazilian navy successfully tests Exocet missile with engine manufactured in the country

The Brazilian navy successfully tested an Exocet MM40 missile totally designed, developed and manufactured in the country by Avibras and with the support from the European group MBDA, partly owned by BAE Systems.
Thursday, May 10th 2012 - 20:03 UTC
Cristina Fernandez looks for new friends: Hollande and Putin

Argentina’s Cristina Fernández spoke to French president- elect François Hollande and newly elected Russian president Vladimir Putin to congratulate them on their wins and agreed to meet them both in the next G20 meeting in Mexico.
Thursday, May 10th 2012 - 19:52 UTC
Brazilian strategy to lower value of its currency seems to be working

Investors pulled 1 billion dollars out of Brazil last week as Euro-zone debt fears continue to spook markets and the Brazilian government shows little sign of changing its hefty intervention policies.
Thursday, May 10th 2012 - 19:43 UTC
US April jobless figure drops to lowest since July 2008; unemployment, 8.1%

The number of Americans submitting new applications for jobless benefits edged down last week, easing concerns the labour market was deteriorating after April's weak employment growth.
Thursday, May 10th 2012 - 16:13 UTC
Argentine government re-activates national committee of Malvinas combatants

The Argentine government reactivated the National Committee of former Malvinas combatants which will support legal actions against crimes committed by Argentine officers during the 1982 conflict and demand DNA tests to identify the 123 remains buried in the Darwin cemetery in the Falklands.
Thursday, May 10th 2012 - 05:28 UTC
Spain takes over fourth largest bank to try and calm markets

Spain took over Bankia, the country's fourth biggest lender, on Wednesday, trying to dispel concerns over the government's ability to clean up the financial sector four years after the banks were hit by a property market crash.