Politics

Tuesday, June 1st 2010 - 02:44 UTC
IDB plans to lend 10 billion USD in 2010

The Inter American Development Bank, IDB, is ready to disburse 10 billion US dollars in loans to Latinamerica during fiscal 2010, said the bank’s president Luis Moreno.
Tuesday, June 1st 2010 - 01:43 UTC
German president resigns on comments about military actions overseas

German President Horst Koehler unexpectedly resigned due to a storm over comments he made about military action abroad in a move that could cause conservative Chancellor Angela Merkel a headache.
Tuesday, June 1st 2010 - 01:39 UTC
Latinamerica exposed to European slowdown, but not Brazil, forecast experts

The United Nations Economic Committee for Latinamerica and the Caribbean, Cepal, anticipates that growth in the region will be less than in previous years because of the economic downturn in developed countries but the tendency should not influence Brazil, the region’s largest economy.
Monday, May 31st 2010 - 04:20 UTC
European weakened governments must address this week tough decisions

Budget Minister Francois Baroin indicated on Sunday that France should not take for granted its AAA rating, which allows Paris to borrow relatively cheaply on international markets and finance its big budget deficit.
Monday, May 31st 2010 - 04:14 UTC
Russian book confirms Soviet intelligence support for Argentina in Malvinas war

Some interesting historical data about the Falkland Islands war and Soviet intelligence support to Argentina has emerged from a book by a Russian journalist and researcher, who as the son of a former URSS diplomat expert in trade affairs spent most of his youth in Latinamerica, Cuba, Ecuador and Uruguay.
Monday, May 31st 2010 - 04:04 UTC
Experts warn Europe’s ‘austerity zeal’ could dampen anaemic recovery

Experts are warning that European governments rush to cut budget deficits with draconian austerity measures could mean a blow for Europe's tentative economic recovery.
Monday, May 31st 2010 - 03:57 UTC
Colombian incumbent presidential candidate wins but can’t avoid run-off

Colombia’s former Defense Minister Juan Manuel Santos won more than double the votes of his closest rival in Sunday’s presidential election though failed to secure a majority of ballots needed to avoid a runoff in three weeks.
Monday, May 31st 2010 - 01:14 UTC
Brazilian businessmen not convinced by Mrs. Kirchner’s promises

Argentine President Cristina Fernandez de Kirchner promises that ‘there weren't, nor ever will be, barriers’ blocking Brazilian imports’ was received with disbelief by the Brazilian business community.
Monday, May 31st 2010 - 01:12 UTC
Turkish PM cancels visit to Argentina on strong lobbying from Armenian groups

Turkish Prime Minister Recep Tayyip Erdoğan cancelled his visit to Argentina after city officials in Buenos Aires called off the inauguration of a bust of Mustafa Kemal Atatürk as a result of Armenian efforts, the Turkish Foreign Ministry said Sunday.
Saturday, May 29th 2010 - 07:17 UTC
Chile: The new president appears to be doing pretty well

By David Gallagher
(Ed. Note: Gallagher, a columnist for the conservative daily El Mercurio, is a man of many parts. He's British and Chilean, former Oxford professor of Spanish and Russian, author of the classic Modern Latin American Literature (1973), economist, investment banker, international business consultant, and father to children living on three continents.
(In this column he remarks that the “previous government”—that is Michelle Bachelet’s — “privileged imagery over reality.” One example: to celebrate a significant date, Bachelet cut the ribbon on a new hospital empty of equipment but filled with patients who were actually actors and who pretended to be ill for the press.)