Politics

• Saturday, February 12th 2011 - 08:12 UTC

  “Limits must be imposed” on Latinamerican presidential successive re-election

  

  The Organization of American States, (OAS), Secretary General Jose Miguel Insulza said that democracy must impose limits on Latin America’s presidential successive re-election tendency.

• Saturday, February 12th 2011 - 08:08 UTC

  IMF calls for fiscal austerity in South America but admits “dilemmas”

  

  IMF warned inflation is threatening South America but also admitted countries had a dilemma since increasing interest rates could further worsen the appreciation of local currencies vis-à-vis the US dollar.

• Saturday, February 12th 2011 - 08:02 UTC

  India, Brazil, Germany, Japan demand Security Council reform this year

  

  Four regional powers hoping to get permanent seats on the Security Council — India, Germany, Brazil and Japan — said Friday they believe the U.N. will take action by September on expanding its most powerful body.

• Saturday, February 12th 2011 - 07:40 UTC

  Falklands’ minefield clearance next phase moves to the capital Stanley Common

  

  Falkland Islands’ next phase of minefield clearance will take place in Stanley Common greatly increasing the Islands’ capital recreational area was announced by Government House reports the latest Penguin News edition.

• Saturday, February 12th 2011 - 05:31 UTC

  Brazil and Argentina will reject ‘commodity prices regulation’ at G20

  

  Brazil and Argentina came out Friday against a French proposal to be put to the G20 to regulate commodity prices whose recent rises are blamed for a spike in food costs.

• Saturday, February 12th 2011 - 05:21 UTC

  Who do you believe? CFK’s January 0.7% inflation or private consultants 2%

  

  Argentina’s official and controversial consumer price index in January increased 0.7%, a number disputed by private institutions that argue inflation in the first month of 2011 reached a floor of 2%.

• Saturday, February 12th 2011 - 05:08 UTC

  Mubarak’s downfall: the view from a privileged observer, Israel

  

  Israel’ former ambassador to Egypt was particularly pessimistic Friday after hearing of President Hosni Mubarak's dramatic resignation. Zvi Mazel anticipated that the Egyptian Army will rule for years: it’s a whole new world, with no one left to lead the pragmatic states”

• Friday, February 11th 2011 - 21:20 UTC

  US trade deficit soars 33% in 2010 as China imports hit record level

  

  The US trade deficit widened in December to its highest level in four months, the US government said in a report that also showed the annual trade gap expanded nearly 33% in 2010 as imports from China hit record levels.

• Friday, February 11th 2011 - 21:02 UTC

  Switzerland freezes assets that may belong to ex President Mubarak

  

  Switzerland has frozen assets that may belong to Hosni Mubarak, who stepped down on Friday as president of Egypt after 30 years of rule, the foreign ministry said.

• Friday, February 11th 2011 - 07:02 UTC

  Opposition leader calls on Egyptian Army “to save the country now”

  

  Major Egyptian opposition leader Mohamed ElBaradei warned of potential violent unrest after President Hosni Mubarak announced late Thursday he would not step down before the September elections.