Politics

• Tuesday, July 24th 2012 - 06:18 UTC

  Brazil prepares new stimuli measures geared to infrastructure and manufacturing

  

  Brazil's government may ease its primary surplus target next year to create room to carry out additional tax cuts to boost growth, Folha de S. Paulo newspaper reported Monday.

• Tuesday, July 24th 2012 - 06:15 UTC

  Humala dumps hardliners, names new ‘soft hand’ cabinet to calm anti-mining protests

  

  President Ollanta Humala named human rights lawyer Juan Jimenez prime minister on Monday as the Peruvian leader shuffled his cabinet to calm a wave of violent anti-mining protests and a drop in his popularity.

• Tuesday, July 24th 2012 - 06:08 UTC

  Chile to request Havana details of the car accident in which Cuban dissident died

  

  Chile will request from Cuba all the information on the death of opposition leader Oswaldo Payá who according to the Havana government died in a car accident, something with the Chilean authorities wants to corroborate to “complete certainty”.

• Tuesday, July 24th 2012 - 01:59 UTC

  Chilean ruling coalition blocks in Congress report on profiteering of education institutions

  

  Chilean student leaders and opposition politicians vowed to protest last week’s ruling by the Chamber of Deputies to reject the findings of a report on the profiteering of education institutions in the country. The controversial subject matter was decided by a razor-thin margin, with 46 in favour, 45 against and one abstention.

• Tuesday, July 24th 2012 - 01:56 UTC

  Brazil central bank insists inflation under control and growth picks up in second half

  

  The jump in Brazilian consumer prices this month was a temporary reversal and won’t jeopardize the government’s 4.5% inflation target this year, central bank President Alexandre Tombini said on Monday.

• Tuesday, July 24th 2012 - 01:21 UTC

  Vatican strips leading Peruvian university of the title “Catholic” and “Pontifical”

  

  The Vatican has withdrawn the titles “Catholic” and “Pontifical” from a university in Peru after decades of discussions over the school's Catholic identity and after tensions between university officials and the local cardinal over control of the school's assets.

• Monday, July 23rd 2012 - 20:31 UTC

  “We need some strong vaccines to accept Venezuela in Mercosur”

  

  The head of the Brazilian Senate and former president Jose Sarney said he had his reservations about the incorporation of Venezuela to Mercosur as full member since the government of Hugo Chavez does not respect democratic rules.

• Monday, July 23rd 2012 - 20:21 UTC

  Spanish politician warns cuts are necessary “if we don’t want to become another Argentina”

  

  The President of the Community of Madrid, Esperanza Aguirre, has warned about the “difficult” situation Spain is going through, and said “If we don’t want to become another Argentina, with a ‘corralito’ and inflation rates around 20-40%, we must cut the public spending and find the accounts’ balance.”

• Monday, July 23rd 2012 - 20:16 UTC

  Spain’s economy sinks deeper into recession; financial costs balloon

  

  Spain's economy sank deeper into recession in the second quarter, its central bank said as investors spooked by an undeclared funding crisis in its regions pushed the country ever closer to a full bailout

• Monday, July 23rd 2012 - 20:02 UTC

  Sao Paulo benefits from Argentina’s lack of “legal and economic security”

  

  The President of Investe São Paulo -the gateway for companies that intend to settle their operations in the Brazilian state- referred to the ongoing foreign investment boom in the neighbouring country is due in part to the “lack of both legal and economic security that Argentina and its government have.”