Spain’s economy emerged from an almost two-year recession in the first quarter, trailing the Euro area by six months. GDP expanded 0.1% in the first three months of 2010, the Madrid-based Bank of Spain estimated in its monthly report today.
Brazilian Senate president José Sarney said there are serious risks of a “Colombianization” of Paraguay given the recent actions of an armed group self proclaimed the Paraguayan People’s Army, EPP, and called for strong support for President Fernando Lugo.
Honduran president Porfirio Lobo will not attend the LAC-EU summit in Spain later this month, after South American leaders who do not recognize him as his country's legitimate leader threatened to pull out. However, he will attend the EU/Central America meeting, which will be held a day later.
British Conservative Leader David Cameron said the Labour government has lost its mandate to govern, as exit polls suggested the Tories have won the largest number of seats in Britain's national election, but will not gain a majority.
The French navy has located the black box flight recorders from the Air France (EPA:AF) jet which plunged into the Atlantic killing 228 people last summer. However, officials said there was still no guarantee the recorders—that could explain the cause of the crash—would ever be brought to the surface.
An imminent coup in Paraguay, Honduras-model, with the purpose of ousting President Fernando Lugo was analyzed by UNASUR (Union of South American Nations) leaders during the recent summit held in Buenos Aires, according to press reports from Argentina and Brazil.
Brazil’s Catholic bishops rejected statements from their Porto Alegre peer, Monsignor Dadeus Grings who—in the midst of a global scandal over priests’ sexual abuse of minors—argued that modern society is naturally “paedophile”.
Greece's parliament approved Thursday the hefty cuts and reforms proposed by the government to address the country's financial crisis. Members voted 172-121 to pass the bill, which includes tax rises and cuts in pensions and public sector bonuses. Police used tear gas to disperse protestors who rallied outside. On Wednesday, three bank workers died in a petrol bomb attack as demonstrations over the planned austerity measures turned violent.
Colombia’s leading presidential candidate Antanas Mockus promised that if elected president he will continue the military fight against the FARC rebels, unless the group abandons violence and kidnapping and accepts constitutional rule.
The Argentine Catholic Church said that the Lower House ruling that approved the bill to legalize same-sex marriage is “very serious”. The Church, through its spokespersons, said that the bill “does not constitute any kind of progress” and that “it could revolutionize the concept of society and of family.”