Politics

Thursday, August 4th 2011 - 02:00 UTC
Chile’s government begins to react to disapproval rating of 64%

In the last week, Chile’s conservative government has made two surprisingly liberal announcements, explained in part by the latest public opinion polls. First, President Sebastián Piñera announced Sunday that he was open to making quality education a constitutional right, just two weeks after he called education a “consumer good”.
Wednesday, August 3rd 2011 - 22:27 UTC
UK Commons Defence Select Committee warns about level of military cuts

Senior British MPs launched on Wednesday their latest stinging attack on the UK government’s defence cuts, saying they could leave the military overstretched, reports the Portsmouth press.
Wednesday, August 3rd 2011 - 22:11 UTC
“Buy Brazil Act” and Super Real are here to stay, says Minister

Brazil's strong currency (the so-called Super Real) is here to stay, and businesses have to get used to this new environment, said Trade and Industry Minister Fernando Pimentel a day after the government announced a massive industry support program which was described is the equivalent of the US “Buy America Act”
Wednesday, August 3rd 2011 - 22:06 UTC
IDB approves a financial support plan of 1.8 billion dollars for Uruguay

The Inter American Development Bank, IDB, approved this week a new country ambitious strategy with Uruguay with a financial plan for the period 2010–2015 of up to 1.8 billion dollars of for sovereign-guaranteed loans.
Wednesday, August 3rd 2011 - 06:58 UTC
CFK and Mujica underline ‘importance of dialogue’ and overcoming conflicts

President Cristina Fernandez de Kirchner, CFK, underlined the importance of dialogue between Argentina and Uruguay which enable to overcome ‘conflicts’, while her Uruguayan peer Jose Mujica said that the “good neighbours” policy is the only way forward and a win-win situation for both sides.
Wednesday, August 3rd 2011 - 02:53 UTC
Uruguay disappointed with Indian group downgrading iron-ore project priority

The Uruguayan government was taken aback by the announcement that the Indian iron-ore mining group Zamin Ferrous has decided to downgrade the priority of its several hundred millions dollar project in Uruguay from position one to four.
Tuesday, August 2nd 2011 - 22:26 UTC
A man arrested in connection to the weapon used in the double murder in Salta

A man was arrested Tuesday in connection with the double murder case in Salta, where two French tourists were killed in the area of la Quebrada San Lorenzo last Friday, a Salta official informed.
Tuesday, August 2nd 2011 - 21:29 UTC
Emergency bells ringing in Europe: Italy and Spain in the Euro danger zone

Financial market pressure on Italy intensified on Tuesday, sucking Europe's second biggest debtor nation deeper into the Euro area danger zone and prompting emergency consultations in Rome and among European capitals.
Tuesday, August 2nd 2011 - 15:46 UTC
Geithner admits battle over debt limit has damaged confidence in the US economy

US Treasury Secretary Timothy Geithner said he is not sure whether the bitterly fought debt agreement to be considered by the US Senate will avoid a downgrade of the U.S. top-tier credit rating.
Tuesday, August 2nd 2011 - 07:27 UTC
With hours before default deadline, US Senate votes on debt ceiling package

US House of Representatives has passed by 269 votes to 161 a last-gasp deal to avoid a federal debt default. The bill is expected to be approved by the Senate and signed into law by President Barack Obama on Tuesday.