Politics

• Saturday, October 9th 2010 - 00:21 UTC

  Argentina claims IMF wants rich world’s “stagnation” exported to developing countries

  

  “The IMF wants to make us believe that the policies which caused the crisis are now going to be part of the solution”, said Argentina’s Central bank president Mercedes Marcó del Pont following the opening of the IMF/World Bank annual assembly.

• Friday, October 8th 2010 - 00:42 UTC

  “Global currencies and trade wars” led to Great Depression warn IMF and WB

  

  World leaders must defuse currency tensions before they worsen to avoid repeating the mistakes of the Great Depression, the head of the World Bank President Robert Zoellick told reporters.

• Friday, October 8th 2010 - 00:36 UTC

  Nobel Literature Prize for Peruvian author Mario Vargas Llosa

  

  The 2010 Nobel literature prize winner Peruvian born author Mario Vargas Llosa said that he felt “a great joy'' when he was called with the news, but at first, he thought it might be a joke, ”I thought I had been completely forgotten by the Academy. I didn't even know the prize was being given this month.''

• Friday, October 8th 2010 - 00:28 UTC

  Mrs. Kirchner plummets to position 68 among most powerful women list

  

  Argentina’s President Cristina Fernández de Kirchner plummeted to the No. 68 spot on this year's “The World's 100 Most Powerful Women” list made by US business magazine Forbes in New York, down from her No 11 position last year.

• Friday, October 8th 2010 - 00:15 UTC

  Argentina calls IMF a “non prestigious, absolutely inefficient institution”

  

  While the International Monetary Fund said it hopes Argentina will normalize relations with the multilateral institution, the Argentine Foreign Affairs minister Hector Timerman described the IMF as “non prestigious organization”.

• Friday, October 8th 2010 - 00:06 UTC

  Argentina investigates Dutch company that surveyed in Falklands’ waters

  

  Fugro NV the world’s largest surveyor of sea-beds and deepwater for the mining and oil industries, said it doesn’t believe it broke the law when it carried out work near the Falkland Islands that has become the subject of an Argentine investigation.

• Thursday, October 7th 2010 - 04:50 UTC

  Paraguay president back in office amid growing concerns about his full capacities

  

  Paraguayan President Fernando Lugo, who has cancer returned home to resume his duties on Wednesday after undergoing emergency treatment in a Brazilian hospital over the weekend. He has a full cabinet meeting planned for Thursday.

• Wednesday, October 6th 2010 - 23:39 UTC

  Speculation trapped Chilean mines could be rescued before October 18

  

  Excessive pressure on the hammer of the T-130 drill – perforating the so-called “Plan B” escape hole –prompted engineers to stop drilling and change the hammer Monday night at the San José mine in northern Chile, where 33 miners are trapped 700 meters underground.

• Wednesday, October 6th 2010 - 22:46 UTC

  Outrage in Italy over house arrest conditions of a former Nazi SS captain

  

  Jewish groups have expressed outrage that a former Nazi SS captain convicted for his role in the massacre of 335 civilians in Italy is allowed out from his house detention to go shopping or to church.

• Wednesday, October 6th 2010 - 18:35 UTC

  Ecuador arrests alleged ring leaders of police revolt; denies US involvement

  

  At least 46 Ecuador's national police members were arrested for their possible involvement in last week's revolt that the administration of President Rafael Correa called a 'coup attempt' which included the 'assassination' of the Head of State, the office of the public prosecutor informed.