Politics

• Wednesday, April 13th 2011 - 05:31 UTC

  Re-elected governor gives full support to CFK re-election; criticizes Moyano

  

  A recently re-elected Argentine provincial governor gave his full support for the re-election of President Cristina Fernandez de Kirchner, CFK, and asked for “more limits” to be imposed on Hugo Moyano, Argentina’s organized labour chief who attacked the incumbent candidate during the campaign.

• Wednesday, April 13th 2011 - 05:28 UTC

  Cristina suffers hypotension and suspends all official activities for 24 hours

  

  Argentine President Cristina Fernández de Kirchner was forced to suspend all of her official activities for the next 24 hours after suffering from low blood pressure in the Olivos presidential residence. She is expected to remain there under observation until Wednesday.

• Wednesday, April 13th 2011 - 05:06 UTC

  Arms sales down in Chile but the wealthy guard their homes with guns

  

  The number of gun owners has decreased over the past year in Chile from 5.3% to 4.9%. Yet one economic sector—the wealthiest Chileans from the socioeconomic level ABC1—continue to buy firearms at an escalating rate.

• Wednesday, April 13th 2011 - 04:44 UTC

  Turkey slams Argentine Judge ruling blaming Ottomans for Armenian genocide

  

  Turkey has slammed an Argentine judge's ruling that it committed genocide against Armenians around the time of World War I. The Turkish Foreign Affairs Ministry said the ruling was an example of how legal systems are abused by extreme nationalists belonging to the Armenian Diaspora.

• Wednesday, April 13th 2011 - 04:42 UTC

  Chinook chopper losses in Scotland and Falklands cast doubt on their safety

  

  UK Defence chiefs cast doubt over the safety of Chinook helicopters two years before 29 people were killed in the crash off the coast of Scotland. A previous incident in the Falkland Islands dating back to 1987 with the loss of another Chinook was also included in the investigation.

• Wednesday, April 13th 2011 - 04:30 UTC

  China and Brazil agree to further expand their strategic partnership

  

  China and Brazil on Tuesday clinched a host of government agreements and economic deals in Beijing to enhance their strategic partnership as Brazilian President Dilma Rousseff paid her first state visit to China.

• Wednesday, April 13th 2011 - 04:07 UTC

  John Perkins latest book, the challenge of a blueprint for a new global economics

  

  By David Michaels (*) “Hoodwink” is John Perkins latest book and a blueprint for a new form of global economics, far from predatory capitalism that must put an end to the old formula of “the few benefiting at the expense of the many”.

• Wednesday, April 13th 2011 - 00:34 UTC

  IMF says much more can be done to rein in fiscal deficits and debts

  

  The outlook for government debts and deficits in 2011 is a mixed bag, with most advanced economies reining in fiscal deficits, but not fast enough to keep their debt from rising. Fiscal balances are improving in most emerging economies, and some could do more as they experience a windfall from high commodity prices and strong capital flows.

• Wednesday, April 13th 2011 - 00:24 UTC

  Chile with some of the worst social indicators among the 34 OECD members

  

  Chile has some of the worst social indicators of the 34 countries that make up the Paris based Organization for Economic Cooperation and Development, according to the latest releases from the group.

• Tuesday, April 12th 2011 - 21:26 UTC

  IMF calls on the US to tackle the deficit and help financial markets stability

  

  There is an urgent need for the United States to tackle the deficit in the government's finances since the size of the exposure risks creating instability in the financial markets, according to the International Monetary Fund. However the IMF says the global economic recovery is gaining strength.