Politics

• Saturday, December 10th 2011 - 05:54 UTC

  Moody’s downgrades the debt of the three main French banks

  

  Ratings agency Moody's downgraded the debt of BNP Paribas, Societe Generale, and Credit Agricole on Friday, citing deteriorating liquidity and funding conditions.

• Saturday, December 10th 2011 - 05:52 UTC

  IMF praise for Uruguay but warns about the need of labour flexibility

  

  The IMF recommended Uruguay greater flexibility in the management of macroeconomic policy, ahead of unexpected changes in the international scenario.

• Saturday, December 10th 2011 - 05:51 UTC

  “I think I did the right thing for Britain”, says PM Cameron

  

  British PM David Cameron has defended his decision to block an EU-wide treaty change to tackle the Euro zone crisis, despite warnings it will leave the UK isolated.

• Saturday, December 10th 2011 - 00:46 UTC

  Five leaders miss CFK inauguration ceremony to be aired live in Youtube

  

  The presidents of Venezuela, Colombia, Peru, Ecuador and Mexico, Hugo Chávez, Juan Manuel Santos, Ollanta Humala, Rafael Correa and Felipe Calderón have cancelled their trips to Buenos Aires and won’t attend President Cristina Fernández inauguration ceremony on Saturday.

• Saturday, December 10th 2011 - 00:44 UTC

  CFK breaks tradition with new cabinet; metro and trains free ride on Saturday

  

  Breaking away from tradition Argentine President Cristina Fernández will swear in her second term Cabinet at the Bicentennial Museum in Buenos Aires, a ceremony that by custom has been held in the White Room at Government House, Casa Rosada.

• Saturday, December 10th 2011 - 00:43 UTC

  Gibraltar votes for change; after almost 16 years opposition takes over

  

  In a very close result the Gibraltar Socialist Labour Party (GSLP) Liberal Alliance were elected on Thursday into government with Fabian Picardo topping the poll.

• Friday, December 9th 2011 - 07:12 UTC

  Euro rescue deal limited to 17-EU countries and with a March deadline

  

  Attempts to rescue the Euro will focus on a deal among the 17 nations that use the single currency, French President Nicolas Sarkozy said early Friday.

• Friday, December 9th 2011 - 07:08 UTC

  UN expert calls on Argentina to improve living conditions of indigenous groups

  

  A United Nations expert urged Argentina to strengthen its measures to protect the human rights of indigenous groups as well as their rights to land ownership and education, adding that a mechanism to establish dialogue between them and the Government is urgently needed.

• Friday, December 9th 2011 - 06:58 UTC

  European banks must increase capitalization to 114.7bn Euros by next June

  

  Europe's banks must increase their capital by 114.7 billion Euros, more than predicted two months ago, to make them strong enough to withstand the Euro zone debt crisis and restore investor confidence, Europe's banking watchdog said.

• Friday, December 9th 2011 - 06:51 UTC

  Mujica changes his mind and will be present for CFK taking office ceremony

  

  Uruguayan President José Mujica changed his mind and will attend Argentine President Cristina Fernández inauguration ceremony next Saturday, official sources confirmed.