Politics

• Monday, July 23rd 2012 - 08:55 UTC

  Brazil corrects IMF: outdated facts, credit expansion slower and inflation under control

  

  The Brazilian government questioned as outdated the latest IMF report, released Friday July 20, in which the Fund calls for more domestic savings and greater attention to inflation.

• Monday, July 23rd 2012 - 08:46 UTC

  The global super-rich have at least 21trillion dollars hidden in secret tax havens

  

  The global super-rich elite had at least 21 trillion dollars hidden in secret tax havens by the end of 2010, according to a major study. The figure is equivalent to the size of the US and Japanese economies combined.

• Monday, July 23rd 2012 - 08:41 UTC

  Euro-zone countdown for Greece: Germany and IMF will not yield on austerity measures

  

  German Finance Minister Wolfgang Schaeuble warned Greece in a newspaper interview Monday that it must redouble efforts to comply with bailout conditions imposed by international creditors. “If there were delays, Greece must make up for them,” he told the daily Bild.

• Monday, July 23rd 2012 - 08:32 UTC

  FARC blow up Colombia’s main oil pipeline; fears of pollution in nearby river

  

  Colombia's largest rebel group has blown up a section of the 220.000-barrel-per-day-capacity Caño Limon-Covenas oil pipeline, Ecopetrol and the army said, in the latest in a series of attacks on oil infrastructure.

• Monday, July 23rd 2012 - 08:18 UTC

  Gibraltar demands action from UK, after latest incident with Spain’s Guardia Civil

  

  The Gibraltar government has told the UK that 'the time has now come for action, not simply written protests from London to Madrid' in defence of British Gibraltar Territorial Waters, following the latest incident where a Gibraltar vessel was boarded by the Guardia Civil in Gibraltar waters 'and forcibly conveyed' together with its occupants to Algeciras 'at high speed and without navigational lights.'

• Monday, July 23rd 2012 - 04:15 UTC

  After 18 years of negotiations Russia is member of World Trade Organization

  

  President Vladimir Putin signed the bill ratifying Russia’s entry to the World Trade Organisation after 18 years of often acrimonious negotiations, the Kremlin press office said.

• Monday, July 23rd 2012 - 04:06 UTC

  EU parliament president warns economic crisis could spark “social explosion”

  

  European Parliament president Martin Schulz warned this weekend that Spain's economic crisis could spark a “social explosion” across the continent.

• Monday, July 23rd 2012 - 03:09 UTC

  OAS will not sanction Paraguay, says ambassador following informal meeting

  

  Paraguay will not be sanctioned by the Organization of American States, said the country’s ambassador on Friday following an informal meeting behind closed doors of OAS Permanent Council.

• Monday, July 23rd 2012 - 02:55 UTC

  Olympic Committee “glad” Argentina will avoid politically tainted demonstrations

  

  The head of the International Olympic Committee Jacques Rogge assured he was “glad” that President Cristina Fernández had called the Argentine athletes to avoid demonstrations over the Falklands/Malvinas Islands sovereignty dispute during the Olympic Games of London 2012.

• Saturday, July 21st 2012 - 07:51 UTC

  Chavez confirms Dilma’s invitation to Mercosur meeting in Rio on July 31

  

  Venezuelan president Hugo Chavez said he had talked with his peer from Brazil Dilma Rousseff who confirmed the invitation to an extraordinary meeting of Mercosur next July 31 in Rio do Janeiro.