Politics

Monday, June 25th 2012 - 06:25 UTC
Uruguay recommends new presidential elections for the Paraguayan crisis

Uruguay called for strict respect of the Mercosur and Unasur democratic clauses and said the best way out of the current political crisis in Paraguay was to hold presidential elections as soon as possible.
Monday, June 25th 2012 - 06:19 UTC
Brazil says it is “impossible” to force the Paraguayan congress to review the removal of Lugo

Brazil will wait for the Paraguayan situation caused by the removal of Fernando Lugo “to decant” before assessing the most appropriate measures to address the “rupture of democratic order” in the country, according to Planalto sources.
Sunday, June 24th 2012 - 03:21 UTC
Cristina Fernandez receives Wen Jiabao with a long list of requests

Chinese Premier Wen Jiabao arrived in Argentina Saturday on an official visit aimed at boosting trade with one of South America's top agricultural producers.
Sunday, June 24th 2012 - 02:54 UTC
Argentine nervous savers withdrew 522 million dollars in the last week

The outflow of foreign-currency deposits from Argentina's banking system showed no sign of slowing last week, as nervous savers withdrew 522 million dollars from bank accounts.
Sunday, June 24th 2012 - 02:43 UTC
Germany’s Bild newspaper becomes 60 and celebrates with 41m circulation

Germany's best-selling newspaper was given away free to almost all of the country's 41 million households on Saturday in a controversial celebration of the daily's 60th anniversary that set a world record for largest circulation.
Sunday, June 24th 2012 - 02:27 UTC
Franco: “no coup, a change of leadership”; Germany admits new government

“There is no coup here,” assured the new president of Paraguay Federico Franco on Saturday, who acted confidently before the international press following the ousting of Fernando Lugo on Friday.
Sunday, June 24th 2012 - 02:22 UTC
Argentina withdraws ambassador from Paraguay: Mercosur decides next week

Argentina is withdrawing its ambassador to Paraguay because of the rapid impeachment of former Paraguayan President Fernando Lugo, the Foreign Ministry said in a statement.
Saturday, June 23rd 2012 - 07:53 UTC
US demands Argentina “immediately” ends the import licensing regime

The United States demanded on Friday that Argentina “immediately” end an import licensing regime and other curbs that have frustrated foreign suppliers while also expressing concerns about a “sweeping new import restriction” that Indonesia has imposed.
Saturday, June 23rd 2012 - 07:39 UTC
EU leaders agree growth measures but remain divided on mutualized bonds issue

The leaders of Germany, France, Italy and Spain agreed Friday on a 130 billion Euros package to try to revive economic growth in Europe but differed over whether and how to launch joint bonds to combat the Euro zone's debt crisis.
Saturday, June 23rd 2012 - 03:48 UTC
Franco promises to uphold democracy and honour international agreements

Paraguayan vice-president Federico Franco, 49, was sworn-in on Friday afternoon as president following Fernando Lugo’s impeachment that had him removed in less than two days.