Politics

Wednesday, June 8th 2011 - 06:13 UTC
Humala calls US a ‘strategic partner’ and plans to discuss taxes with corporations

Peru's nationalist president-elect Ollanta Humala said on Tuesday he will chart his own course, described the US as a ‘strategic partner’ and promised to discuss with mining companies his plans to tax windfall earnings to pay for social programs.
Wednesday, June 8th 2011 - 06:09 UTC
IMF chief hopeful Lagarde in China after a ‘no commitment’ from India

French Finance Minister Christine Lagarde is expected in Beijing after having visited India where officials made a ‘no commitment’ in support of her IMF candidacy. On the weekend her whirlwind global tour takes her to Saudi Arabia and Egypt.
Wednesday, June 8th 2011 - 06:05 UTC
Croatia is “ready to join EU” and “good news” expected on Friday

The European Commission will recommend that EU member governments finalize accession talks with Croatia, clearing an important hurdle on Zagreb's path to joining the 27-strong bloc.
Wednesday, June 8th 2011 - 06:01 UTC
One way Cubana airline tickets to jail for 14 Cubans and a Chilean ring master

A Cuban court has convicted 14 government officials and businessmen and a Chilean entrepreneur for corruption and bribery involving the state-owned airline and a tourism agency.
Wednesday, June 8th 2011 - 03:14 UTC
“A Lula da Silva man steps down; a Dilma woman moves in”

Brazilian Senator Gleisi Helena Hoffmann, 45, wife of Communications Minister Paulo Bernardo has been chosen by President Dilma Rousseff to replace outcast Antonio Palocci as chief of staff.
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.