Politics

Friday, August 24th 2012 - 05:44 UTC
Ecuador’s President Rafael Correa sounds the bugle

By Sean Burges (*) Is Ecuadorian President Rafael Correa really saying that we cannot trust the judicial systems in Britain and Sweden? By granting Julian Assange asylum, he has implicitly stated the British judicial process is flawed and that Sweden is a slavish servant of the US government.
Friday, August 24th 2012 - 05:15 UTC
Colombia changes Finance minister but confirms open-economy business friendly policy

Colombian President Juan Manuel Santos moved Energy Minister Mauricio Cardenas to head the finance post on Thursday in a surprise move. At the midpoint of his four-year term, Santos asked all 16 ministers to resign, including Finance Minister Juan Carlos Echeverry, and set the stage for a cabinet shuffle aimed at shoring up his slumping approval ratings.
Friday, August 24th 2012 - 05:10 UTC
Brazilian former Senator agrees to reimburse 234 million dollars of looted money

One of two senators in Brazil who were stripped of their positions for corruption will reimburse 234 million dollars in public funds he embezzled in the late 1990s, authorities said Thursday.
Friday, August 24th 2012 - 01:04 UTC
Cristina Fernandez in “good health condition” but still in rest and recovery

Argentine President Cristina Fernández is in “in a good health condition” after she cancelled all her official activities on Wednesday due to a low blood pressure bout, doctors informed on Thursday.
Friday, August 24th 2012 - 00:58 UTC
US jobs market remains bearish; Fed says recent economic data stronger

The number of US citizens filing new claims for jobless benefits unexpectedly rose last week, suggesting the labour market is healing too slowly to make much of a dent in the unemployment rate. However an official from the Federal Reserve said US economic data in recent weeks had improved.
Friday, August 24th 2012 - 00:54 UTC
Thousands of Chilean students march demanding education reform

Thousands of young Chileans marched peacefully on Thursday in different cities demanding education reform and equal conditions and rights for all young Chileans, amid a heightened police presence.
Friday, August 24th 2012 - 00:48 UTC
Argentina challenges the US in trade and reaffirms current economic policies

The administration of President Cristina Fernandez again challenged the United States on the “trade restrictions in place against Argentine products” which it claims are part of “a protectionist policy inconsistent with from the World Trade Organization”.
Thursday, August 23rd 2012 - 06:38 UTC
Argentina promulgates tax data exchange bill, but Uruguay still has to vote it

The Argentine government on Wednesday promulgated the tax agreement reached with Uruguay geared to lower fiscal evasion and elusion plus avoiding double taxing for residents from the neighbouring countries.
Thursday, August 23rd 2012 - 06:31 UTC
Argentina/US trade conflict escalates following Argüello claims and strong reply from Washington

The current war of words over trade barriers going on between the US and Argentina further escalated tensions on Wednesday as Argentine Ambassador to the US Jorge Argüello highlighted: “the United States has been reported for a number of trade law violations.”
Thursday, August 23rd 2012 - 05:52 UTC
Global confidence index for next twelve months at its gloomiest in five quarters

Confidence in the state of the world economy over the next 12 months fell to the lowest level in five quarters, according to the Global Confidence Index prepared by the World Economic Forum.