Politics

• Saturday, November 20th 2010 - 03:15 UTC

  Argentine economic activity expands strongly in September but at slower pace

  

  Argentina's economy activity expanded strongly in September but at a slower pace than in previous months, according to a Friday release from the country’s Statistics Office, Indec.

• Saturday, November 20th 2010 - 02:37 UTC

  CFK ratifies economic model based on defence of Argentine production and jobs

  

  President Cristina Fernández de Kirchner (CFK) ratified the current economic development model with strong government intervention and supported her position with the latest data on unemployment and growth.

• Friday, November 19th 2010 - 16:14 UTC

  Guerrilla Dilma gathered information for bank hold-ups in the sixties

  

  Brazilian president-elect Dilma Rousseff gathered information and advised guerrilla groups bank hold-ups in the sixties when the country was ruled by a military dictatorship according to reports published Friday in O’Globo media group.

• Friday, November 19th 2010 - 16:01 UTC

  Brazilian central bank chief steps down from president-elect Rousseff’s team

  

  Brazilian central bank president Henrique Meirelles will not accept any invitation to remain as head of the bank unless president-elect Dilma Rousseff gives him full guarantees of “absolute autonomy” in running the institution. He also rejects the idea of holding on the job during the first quarter of 2011 until a definitive successor is named.

• Friday, November 19th 2010 - 05:11 UTC

  Venezuelan economy recovering but“15% devaluation” expected in 2011

  

  Venezuela may formally devalue its currency “at least” 15% in early 2011, Barclays Capital said in a report sent via e-mail, changing its position after meetings with Finance Ministry and central bank officials in Caracas.

• Friday, November 19th 2010 - 02:07 UTC

  Republicans promise head on battle with ‘dangerous’ Latam ‘autocrats’

  

  The “dangerous behaviour” of the presidents of Venezuela, Nicaragua, Bolivia and Ecuador shows “an undeniable link between the decline of democratic freedoms and human rights and the increase of tangible risks to the security of our region,” said US Congresswoman Ileana Ros-Lehtinen (R-Fl), a Cuban-American lawmaker.

• Friday, November 19th 2010 - 02:01 UTC

  Brazil’s ruling party main ally putting pressure on president-elect Rousseff

  

  Brazil’s ruling Workers Party main ally in Congress Brazilian Democratic Movement, PMDB, has formed its own legislative group hoping to dispute some of the most strategic posts in the new congress that takes office next January first.

• Thursday, November 18th 2010 - 21:48 UTC

  Russia plans to collect 33 billion USD in three year privatization plan

  

  The Russian government approved a three year (2011/2013) privatization plan paving the way for a sale of federal assets which could yield 1 trillion roubles (33 billion US dollars), Economic Development Minister Elvira Nabiullina said in Moscow following a cabinet meeting.

• Thursday, November 18th 2010 - 21:16 UTC

  Full blown campaign to garner support for Raúl’s Cuban model reforms

  

  The Cuban government has launched an aggressive campaign on its proposed economic reforms as it tries to whip up public opinion enthusiasm and in its own ranks ahead of a Communist Party congress to approve them in April.

• Thursday, November 18th 2010 - 20:33 UTC

  Argentina/Paris Club debt negotiations have a deadline: April 2011

  

  Finance Secretary Hernán Lorenzino said Argentina wants to successfully conclude negotiations with the Paris Club Group of creditor nations involving 6.7 to 8 billion US dollars in defaulted debt before April.