Politics

Wednesday, June 8th 2011 - 02:28 UTC
Embattled Palocci, the most influential official in Brazil’s cabinet, resigns

Brazil’s embattled Chief of Staff Antonio Palocci described by fellow ministers as the most influential official in President Dilma Rousseff's government resigned on Tuesday to prevent a scandal over his finances from becoming an ongoing distraction for the administration.
Wednesday, June 8th 2011 - 02:12 UTC
Germans don’t work as hard or intensely as Southern Europeans

Southern Europeans work more and longer than Germans revealed a study discarding recent comments made by Chancellor Angela Merkel arguing that workers in debt-mired Greece, Spain and Portugal are lazy.
Tuesday, June 7th 2011 - 22:31 UTC
Peru’s economic fundamentals sound and will be respected, says Humala

The Peruvian currency and Lima’s stock market partially recovered on Tuesday from the dramatic Monday collapse when it was confirmed nationalist Ollanta Humala had been elected in a very tight run-off to become the country’s next president.
Tuesday, June 7th 2011 - 06:07 UTC
Argentina hosts first meeting of Unasur Economy and Finance Council

Argentina will be hosting on Thursday the first meeting of the South American Economy and Finance Council that will bring together Economy ministers and Central bank governors from members of Unasur, Union of South American Nations.
Tuesday, June 7th 2011 - 04:00 UTC
Washington ‘ready and willing’ to work with Humala, says US top diplomat

“United States is “ready and very willing” to work with Peru's president-elect Ollanta Humala said Washington’s top diplomat for Latin America, Arturo Valenzuela during the Organization of American States meeting Monday in El Salvador.
Tuesday, June 7th 2011 - 01:30 UTC
Ban Ki-moon running for a second term as UN Secretary General

Ban Ki-moon formally asked the UN Security Council to support his candidacy for a second five-year term as UN secretary-general, according to a letter. His first term ends December 31 and so far is unopposed.
Tuesday, June 7th 2011 - 01:25 UTC
Brazil government celebrates Humala’s victory; invites president-elect to Brasilia

Brazil’s presidential foreign affairs advisor Marco Aurelio Garcia celebrated the victory of nationalist Peruvian president elect Ollanta Humala who beat Keiko Fujimori in the Sunday run off by a minimum difference.
Tuesday, June 7th 2011 - 01:22 UTC
“Dilma is being manipulated and eclipsed by Lula da Silva” claims the opposition

Brazilian president Dilma Rousseff’s handling of her cabinet chief Antonio Palocci crisis has come under heavy flack from the opposition who warned that she is losing image and is being eclipsed by former president Lula da Silva.
Monday, June 6th 2011 - 18:13 UTC
Falklands approves £ 45.5million 2011/2012 budget with a surplus

The Falkland Islands ended the approval process for the 2011/2012 budget, following the positive report from Financial Secretary Keith Padgett to the Legislative Assembly budget session.
Monday, June 6th 2011 - 17:04 UTC
Humala promises a ‘national concerted government’ and close links to Mercosur

Peruvian president-elect nationalist Ollanta Humala promised Monday a ‘national concerted government” with representation of all democratic forces and open to the civil community.