Politics

• Friday, July 6th 2012 - 02:02 UTC

  Romney’s vice-presidential pick is crucial next decision of White House race

  

  By Andrew Hammond (*) - With polls indicating this year’s race for the White House will be highly competitive, the key decision Mitt Romney has to make before the Republican presidential convention in August is his choice of running mate.

• Thursday, July 5th 2012 - 22:30 UTC

  Argentina further tightens “dollar clamp”, bans all greenback’ purchases for savings

  

  The Argentine Central Bank announced on Thursday it will officially ban the purchase of dollars for savings, the latest in a series of measures to discourage the buying of greenbacks.

• Thursday, July 5th 2012 - 18:07 UTC

  Drastic cut in UK Armed forces manpower preparing for “the Army of the future”

  

  UK’s Defence Secretary Philip Hammond announced that 17 units are to be axed from the British army as part of sweeping reforms that will reduce its overall strength by 20.000 posts.

• Thursday, July 5th 2012 - 08:21 UTC

  Paraguay formally accuses Venezuela of interference and orders ambassador home

  

  Paraguay's new government ordered home its ambassador in Venezuela after accusing President Hugo Chávez government of meddling in an attempt to avert the impeachment of the Paraguayan president last month.

• Thursday, July 5th 2012 - 08:14 UTC

  Roaring inflation: Argentine “double zero” peso bills are “legal tender”

  

  An issue of Argentine 100 Pesos bills printed in Brazil and in circulation in Buenos Aires was discovered to be missing the “1” which left them with only the double 00.

• Thursday, July 5th 2012 - 08:06 UTC

  Paraguay's Destructive Soy Boom

  

  By Jeremy Hobbs - The following column was published in The New York Times Opinion page.
  It gives another side of the current situation in Paraguay, and the role the landlocked country plays as a leading exporter of the oilseed.

• Thursday, July 5th 2012 - 07:58 UTC

  Argentine government in campaign to defend achievements of “economic model”

  

  Argentina’s Cabinet Chief Juan Manuel Abal Medina asked for “responsibility” to safeguard “the present and the future of the Argentines and urged people to preserve the achievements of the Government, as he answered questions of the administration during a visit to the Lower House on Wednesday.

• Thursday, July 5th 2012 - 07:51 UTC

  Argentina’s top 20 banks will have to lend for investment, says CFK

  

  In a further attempt to prop the economy and promote investment funding Argentine President Cristina Fernández, CFK, announced on Wednesday that via the Central Bank, “the twenty A-class banks in the country will be obligated to give out loans,” in order for investment to be made on goods and services.”

• Thursday, July 5th 2012 - 07:30 UTC

  Falklands’ considering easing capital gains tax for oil and gas industry

  

  The Falkland Islands government is considering tax legislation that will help to further promote the oil and gas industry activities by granting more time for the capital gains effective presentation.

• Thursday, July 5th 2012 - 07:17 UTC

  Puricelli in China praises the Hong Kong model as a good precedent for Malvinas

  

  Argentine Defence Minister Arturo Puricelli currently on a visit to Beijing underlined defence cooperation with China and said the “Hong Kong model” was a significant precedent for “the Malvinas cause”.