Politics

• Friday, August 20th 2010 - 02:46 UTC

  Slower job creation and lower inflation indicate Brazilian economy cooling

  

  Brazil reported the third straight month of slower job creation in July, reflecting the slowdown of the economy in the second quarter after a massive 9% year-on-year growth in the first quarter of the year. Traders say this increases the likelihood central bank policy makers may leave interest rates unchanged in their next meeting.

• Friday, August 20th 2010 - 02:41 UTC

  Argentina shuts down Internet service provided by the Clarin media group

  

  Argentina’s government shut down the Internet service provided by Grupo Clarín SA Fibertel unit, saying the company’s merger with Cablevision SA was illegal. The move is the latest in a fight between the media group Clarin and President Cristina Fernandez de Kirchner.

• Friday, August 20th 2010 - 02:32 UTC

  Brazilian presidential candidate “completely cured” of the lymphoma

  

  The Brazilian presidential candidate for the Workers’ Party ruling coalition, Dilma Rousseff underwent this week a battery of exams and tests at Sao Paulo’s most advanced hospital confirming she has overcome the lymphoma detected last year.

• Thursday, August 19th 2010 - 11:24 UTC

  Gigantic (US made) Chilean flag for bicentennial celebrations

  

  A gigantic Chilean flag, 18 meters wide and 27 meters long, is on its way to Chile from the United States.

• Thursday, August 19th 2010 - 06:11 UTC

  First on-line presidential hopefuls debate attracts 50 million Brazilians

  

  Three major candidates for the Brazilian presidency joined the first online debate Wednesday, which was followed by an estimated 50 million people and less than two months before ballot day, October 3.

• Thursday, August 19th 2010 - 03:09 UTC

  Brazil wealthiest man pays 285.000 USD for Lula da Silva’s inauguration suit

  

  Brazil’s wealthiest man, Eike Batista paid the equivalent of 285.000 US dollars for the inauguration suit of President Lula da Silva when he first took office in January 2002. The sale was part of a charity auction to collect funds for a famous Sao Paulo favela (shanty town) that goes by the name of Paraisopolis, (Paradise City).

• Thursday, August 19th 2010 - 02:57 UTC

  Argentine economic activity expands 11.1% in June over a year ago

  

  Argentina’s economic activity expanded 11.1% last June compared to the same month a year ago, anticipated President Cristina Fernandez de Kirchner during the celebration of the 126th anniversary of the Rosario Chamber of Commerce.

• Thursday, August 19th 2010 - 02:54 UTC

  Over-supply of homes hindering US economic recovery says Obama

  

  President Barack Obama has said an over-supply of homes is hindering the US economic recovery. Obama also said the US had to find a way to curb its budget deficit without further slowing economic growth.

• Thursday, August 19th 2010 - 02:42 UTC

  Peruvian court revokes parole of US woman linked to terrorist group

  

  A court in Peru has revoked parole for a US woman who was imprisoned for aiding a left-wing terrorist group. Lori Berenson turned herself into police after judges ordered that she be sent back to prison to finish the last five years of her 20-year sentence

• Wednesday, August 18th 2010 - 19:18 UTC

  HMS Gloucester sets sail for the Falklands next Friday

  

  A Royal Navy destroyer will set sail for the Falkland Islands from Portsmouth to maintain Britain's interests in the South Atlantic, reports Royal Navy News.