Politics

Monday, August 6th 2012 - 08:20 UTC
Venezuela will abandon the Inter American justice system because it is “awful and rotten”

Venezuelan president Hugo Chavez reiterated that organisms such as the “awful, rotten and degenerate” Human Rights Inter American Court (CIDH) and the Inter American Court should disappear since they are “not worthy of the new world” ratifying his country will pull out from the two.
Monday, August 6th 2012 - 08:14 UTC
Lugo going to appeal before the Inter American Court his removal from office

Fernando Lugo said he would appeal to the Inter American Court the whole political impeachment process in the Senate that ended with his removal from the Paraguayan presidency in less than 48 hours and with little chance of a defence.
Monday, August 6th 2012 - 08:07 UTC
Ex-president says inclusion of Venezuela in Mercosur is “favourable for Uruguay”

Former president Jorge Batlle (2000/2005) said that the inclusion of Venezuela in Mercosur “is favourable for Uruguay” but at the same time insisted it was “wrongly done” for not having taken into account Paraguay’s opposition currently suspended as member of the regional block.
Monday, August 6th 2012 - 07:56 UTC
Ecuador negotiation to join Mercosur as full member begin next month

Mercosur will officially begin negotiation with Mercosur for its inclusion as full member in September announced the Brazilian news agency, ABR on Sunday. The meeting is scheduled for September 15 when the incorporation preliminaries will be addressed.
Monday, August 6th 2012 - 07:47 UTC
Argentine industry lobby blast devaluation but demand more competitiveness

Argentine Industrial Union head José Ignacio de Mendiguren says he wholeheartedly agrees with President Cristina Fernández criticism to those who back a devaluation of the Peso, in an interview with Ambito.com.
Monday, August 6th 2012 - 07:40 UTC
Chile’s discredited Piñera revamps tax reform bill ahead of municipal elections

Chile's government re-drafted a sweeping tax reform bill aimed at helping fund an education overhaul, removing criticized benefits for higher earners as it seeks to help its passage through Congress ahead of key local elections.
Monday, August 6th 2012 - 07:34 UTC
Sean Penn joins Venezuela’s Chavez presidential electoral campaign wagon

Actor Sean Penn joined President Hugo Chavez at an election rally in Venezuela on Sunday, bringing a dash of Hollywood to the campaign as he rode with him atop a truck past cheering supporters.
Saturday, August 4th 2012 - 19:24 UTC
Falkland Islands’ assessing options for the expansion of port facilities

Falkland Islands port facilities are under assessment given the prospects of oil industry activities in the near future and two options are being considered by the local government: a new port project, and an interim development of the current facilities at FIPASS.
Saturday, August 4th 2012 - 05:00 UTC
YPF and PDVSA advance in the energy strategic alliance; next meeting in Caracas

Argentina and Venezuela gave their first step in the creation of an energy strategic alliance between oil companies YPF and PDVSA, after the agreement signed by President Cristina Fernández and her Venezuelan counterpart, Hugo Chávez, in Brasilia last Tuesday.
Saturday, August 4th 2012 - 03:14 UTC
Venezuela accession to Mercosur “by the back door”, according to The Economist

Under the heading of “In by the back door” referred to the expansion of Mercosur, The Economist says “bringing Venezuela certainly was smart, in the sense of cunning rather than wise”, but it was done ignoring the block’s rules which call for unanimity in admitting new members.