Politics

• 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.

• Tuesday, April 12th 2011 - 17:57 UTC

  Mercosur trade integration insufficient to guarantee free circulation, claims EU

  

  Several European Union objections to the current functioning of Mercosur have surfaced in documents relative to the ongoing trade negotiations round which is scheduled to have another chapter early May in Asunción, Paraguay.

• Tuesday, April 12th 2011 - 17:08 UTC

  The Lynx Mk3 takes off from HMS Ocean for the last time

  

  After more than 30 years’ service one of the mainstays of Britain’s Fleet Air Arm, including the Ice Patrol, has made its final appearance at sea, reports the Royal Navy. Nearly four decades to the day that the very first Lynx helicopter took to the skies, a Mk3 variant lifted off from the sprawling flight deck of HMS Ocean.

• Tuesday, April 12th 2011 - 16:13 UTC

  China to keep buying Spanish public debt and invest in financial industry

  

  China will invest in Spain’s savings-bank industry and continue buying public debt, a Spanish government official cited Chinese Premier Wen Jiabao as telling Prime Minister Jose Luis Rodriguez Zapatero at a meeting Tuesday in Beijing.

• Tuesday, April 12th 2011 - 15:58 UTC

  Humala and Keiko will have to convince the 45% middle of the road vote

  

  With 90% of Sunday’s presidential election ballots counted Peru is headed for a runoff between nationalist Ollanta Humala and former lawmaker Keiko Fujimori, a choice many voters in the country’s surging middle and upper classes might have trouble swallowing.

• Tuesday, April 12th 2011 - 04:25 UTC

  Humala’s run off with Keiko Fujimori; Peruvian economy faces overheating

  

  Peru’s presidential election on Sunday will have a second round of voting between Ollanta Humala and Keiko Fujimori on 5th June, according to the latest official percentages which indicate the nationalist former Army officer has 31.75% of the vote and the daughter of former president Alberto Fujimori, 23.29%, quite distanced from Pedro Pablo Kuczynski’s (PPK) 18.8%.

• Tuesday, April 12th 2011 - 04:20 UTC

  IMF presents report to develop a new consumer price index in Argentina

  

  The IMF has presented a report to Argentine authorities with specific recommendations for developing a new, nationwide consumer price index to replace the much-criticized current index, the fund said in a press release Monday.