Politics

Saturday, June 26th 2010 - 05:32 UTC
Ecuador removed from list of countries that do not combat money-laundering

Ecuadorean President Rafael Correa said on Friday his country had been removed from an international blacklist of countries who fail to comply with standards against money-laundering and terrorism financing.
Saturday, June 26th 2010 - 05:27 UTC
Timnerman underlines Beijing’s support in UN Falklands’ presentation

Argentina’s newly appointed Foreign Minister Héctor Timerman said that China expressed “strong support” for Argentina’s sovereignty claim over the Falklands and other South Atlantic islands, but was disappointed by the bias coverage of the Buenos Aires press.
Saturday, June 26th 2010 - 05:16 UTC
“China playing games” with the announced Yuan flexibility, says Krugman

Nobel laureate Paul Krugman said China’s pledge to make the Yuan more flexible was an “exercise in bad faith” intended to fend off international pressure for a stronger currency at this week’s Group of 20 leaders’ summit.
Saturday, June 26th 2010 - 05:13 UTC
China says there is no basis for major appreciation of the Yuan or raising rates

Top Chinese financial officials defended the country’s current economic policy and stated there was no need for a major appreciation of the currency or an increase in interest rates since inflation was declining.
Saturday, June 26th 2010 - 04:42 UTC
Lula da Silva skips G20 because of floods and presidential election

Brazilian President Lula da Silva has cancelled plans to attend the G-20 economic summit in Toronto, Canada after flooding in the northeast of the country left at least 51 people dead and 120,000 others homeless.
Friday, June 25th 2010 - 05:38 UTC
Venezuela plans to nationalize a fleet of oil rigs from US corporation

Venezuela will nationalize a fleet of oil rigs belonging to US Company Helmerich and Payne, the latest takeover in a push to XXI century Socialism announced President Hugo Chávez as he struggles with lower oil output and a recession.
Friday, June 25th 2010 - 05:34 UTC
Timerman begins round of regional visits next Tuesday in Montevideo

Argentina’s newly appointed Foreign Affairs minister Hector Timerman begins next Tuesday a round of regional contacts which will take him to Uruguay, Brazil and Chile.
Friday, June 25th 2010 - 05:17 UTC
Brazil and Argentina advance in solving bilateral trade issues

Brazil and Argentina made significant advances in outstanding bilateral trade issues following a joint meeting Thursday between top policy makers, Brazilian Finance Minister Guido Mantega told reporters.
Thursday, June 24th 2010 - 22:50 UTC
Timerman reaffirms Argentina’s ““unrenounceable” Falklands/Malvinas claim

The United Nations Decolonisation Committee unanimously approved a resolution calling on Argentina and the United Kingdom to ensure the dialogue process and resume negotiations for a peaceful solution to the Falklands/Malvinas question.
Thursday, June 24th 2010 - 21:55 UTC
“We would like nothing better than peaceful coexistence with Argentina”

“We would like nothing better than to have a peaceful coexistence with Argentina”, said Falkland Islands Member of the Legislative Assembly Gavin Short addressing the UN Decolonization Committee.