Politics

• Friday, August 24th 2012 - 05:10 UTC

  Brazilian former Senator agrees to reimburse 234 million dollars of looted money

  

  One of two senators in Brazil who were stripped of their positions for corruption will reimburse 234 million dollars in public funds he embezzled in the late 1990s, authorities said Thursday.

• Friday, August 24th 2012 - 01:04 UTC

  Cristina Fernandez in “good health condition” but still in rest and recovery

  

  Argentine President Cristina Fernández is in “in a good health condition” after she cancelled all her official activities on Wednesday due to a low blood pressure bout, doctors informed on Thursday.

• Friday, August 24th 2012 - 00:58 UTC

  US jobs market remains bearish; Fed says recent economic data stronger

  

  The number of US citizens filing new claims for jobless benefits unexpectedly rose last week, suggesting the labour market is healing too slowly to make much of a dent in the unemployment rate. However an official from the Federal Reserve said US economic data in recent weeks had improved.

• Friday, August 24th 2012 - 00:54 UTC

  Thousands of Chilean students march demanding education reform

  

  Thousands of young Chileans marched peacefully on Thursday in different cities demanding education reform and equal conditions and rights for all young Chileans, amid a heightened police presence.

• Friday, August 24th 2012 - 00:48 UTC

  Argentina challenges the US in trade and reaffirms current economic policies

  

  The administration of President Cristina Fernandez again challenged the United States on the “trade restrictions in place against Argentine products” which it claims are part of “a protectionist policy inconsistent with from the World Trade Organization”.

• Thursday, August 23rd 2012 - 06:38 UTC

  Argentina promulgates tax data exchange bill, but Uruguay still has to vote it

  

  The Argentine government on Wednesday promulgated the tax agreement reached with Uruguay geared to lower fiscal evasion and elusion plus avoiding double taxing for residents from the neighbouring countries.

• Thursday, August 23rd 2012 - 06:31 UTC

  Argentina/US trade conflict escalates following Argüello claims and strong reply from Washington

  

  The current war of words over trade barriers going on between the US and Argentina further escalated tensions on Wednesday as Argentine Ambassador to the US Jorge Argüello highlighted: “the United States has been reported for a number of trade law violations.”

• Thursday, August 23rd 2012 - 05:52 UTC

  Global confidence index for next twelve months at its gloomiest in five quarters

  

  Confidence in the state of the world economy over the next 12 months fell to the lowest level in five quarters, according to the Global Confidence Index prepared by the World Economic Forum.

• Thursday, August 23rd 2012 - 05:26 UTC

  Argentine president cancels agenda because of a low blood pressure episode

  

  Argentine president Cristina Fernandez had to cancel all her Wednesday activities because of a lipothymy episode (low blood pressure) and was instructed to rest for the rest of the day at the presidential residence in Olivos.

• Thursday, August 23rd 2012 - 01:59 UTC

  OAS to dispatch mission to accompany and observe Paraguay’s political process

  

  The Organization of American States (OAS) agreed on Wednesday to dispatch of a mission to Paraguay to accompany and observe the electoral process in the country that will conclude with the general elections of April 21, 2013.