The global economic recovery that is now underway will slow later this year as the impact of fiscal stimulus wanes. Financial markets remain troubled and private sector demand lags amid high unemployment, according to a new report from the World Bank.
Turbulent political times seem to be wearing down Argentine President Cristina Fernandez de Kirchner and her lecturing style, forcing her to commit a full blown gaffe, given her long standing defence of human rights and condemnation of the abuses and disappearances committed under Argentine military regimes.
Argentine President Cristina Fernández de Kirchner's postponement of her trip to China is still causing repercussions. Argentine ambassador to China, César Mayoral, tried to minimize her absence, although he regretted that domestic affairs seem to be given more importance than foreign affairs.
Reporters Without Borders, RSF, condemned on Thursday as an act of political revenge from the Peruvian government the cancellation of a television station license, seven months after the same action was taken against radio La Voz de Bagua Grande, also in the Amazonas region
Honduras president elect Porfirio Lobo said that as soon as the takes office, (next January 27) he will sign a safe-conduct for ousted Honduran President Manuel Zelaya who will then be authorized to travel to the Dominican Republic.
Winners Volkswagen wants the Dakar Rally to stay in South America and not to move back to Africa, the spokesman of the carmaker's motor-sport division said late Wednesday. Spokesman Stefan Moser raved about large and enthusiastic crowds at the two editions in Chile and Argentina and named security another aspect in favour of South America.
Argentine president Cristina Fernandez de Kirchner, CFK, last minute decision to cancel next week’s ten day official visit to China alleging she did not trust Vice-president Julio Cobos in her post, has sent shockwaves across Buenos Aires foreign policy circles that fear the political consequences of such an action.
Argentine President Cristina Fernández de Kirchner announced Wednesday the unemployment rate had fallen from 9.1% to 8.4% in the last quarter of 2009.
US President Barack Obama called on Democratic lawmakers not to try to “jam” health-care legislation through Congress before newly elected Republican Senator Scott Brown is seated. The election of Senator Brown means the end of Obama’s “super majority” in the Upper House and comes on the first anniversary of the presidential inauguration.
A powerful aftershock sent Haitians screaming into the streets on Wednesday, collapsing buildings, cracking roads and adding to the trauma caused by the major quake eight days ago.