Politics

Saturday, June 30th 2012 - 04:17 UTC
Repsol donated a million dollars to the campaign of President Kirchner in 2003

The nationalization of YPF, seized from Spain’s Repsol by Argentine president Cristina Fernandez is again a source of controversy following the disclosure by an investigative journalist that the Spanish oil corporation in 2003 helped finance the presidential election of Nestor Kirchner as well as the other candidate in the run-off, Carlos Menem.
Saturday, June 30th 2012 - 04:06 UTC
Why Enrique Peña Nieto will win the Mexican presidential election

By Gwynne Dyer - There’s no point in talking about who’s going to win the Mexican presidential election on July 1. Enrique Peña Nieto is going to win it. What’s more interesting is why he’s going to win it.
Saturday, June 30th 2012 - 03:52 UTC
Mercosur ‘suspended’ Paraguay feels free to establish trade links with other countries

President Federico Franco announced in a press conference that if Paraguay is suspended from Mercosur the country will feel free to look for other trade agreements and international relations.
Saturday, June 30th 2012 - 03:43 UTC
Mercosur Secretary General resigns and walks out from the Mendoza summit

Mercosur Secretary General Samuel Pinheiro Guimaraes resigned to his post in the midst of the Mendoza summit following a strong exchange with the group of Foreign Ministers, indicated reports from Buenos Aires.
Saturday, June 30th 2012 - 00:46 UTC
Mercosur announced admission of Venezuela as a full member end of July

Argentina, Brazil and Uruguay made official on Friday the temporary suspension of Paraguay from Mercosur, because of the ‘summary’ removal of President Fernando Lugo and at the same time announced Venezuela will be incorporated to the group on July 31 at a meeting in Rio do Janeiro.
Friday, June 29th 2012 - 06:25 UTC
Brazil/Uruguay overrule Argentina: no Mercosur economic sanctions on Paraguay

Mercosur will not impose economic sanctions on Paraguay despite concerns over the ousting of the country's president, officials said on Thursday evening at the summit taking place in Mendoza, Argentina.
Friday, June 29th 2012 - 06:22 UTC
Unasur will debate how to remove the group’s presidency from ‘illegitimate’ Paraguay

Besides the Mercosur summit, the Argentine city of Mendoza will also be hosting on Friday an emergency meeting from the Union of South American nations to discuss Paraguayan president Fernando Lugo’s swift removal and replacement by a government which has triggered strong resistance in the continent.
Friday, June 29th 2012 - 06:19 UTC
Former impeached Brazilian president argues the “process in Paraguay was legal”

The removal of Fernando Lugo from the Paraguayan Executive office was legal, said Brazilian former president and Senator Fernando Collor, quoted by O’Globo. He insisted there was “no coup”.
Friday, June 29th 2012 - 05:21 UTC
Argentina insists with 5.1% growth forecast for 2012 despite signs to the contrary

Argentina's government is sticking to its 5.1% growth forecast for 2012 enshrined in the budget, Economy Minister Hernan Lorenzino said on Thursday, despite recent data that shows a sharp deceleration.
Friday, June 29th 2012 - 05:16 UTC
Rousseff unveils 55bn dollars in loans at lower rates for the 2012/13 farm season

Brazilian president Dilma Rousseff has unveiled a 115-billion-Reais (55 billion dollars) loan program aimed at reinforcing agriculture's role as a lever of Brazilian economic growth.