Politics

Friday, March 4th 2011 - 06:14 UTC
Links to Gaddafi’s son ‘knock out” director of London School of Economics

The director of the London School of Economics has resigned over its links to Libyan leader Col Muammar Gaddafi. Sir Howard Davies said he recognised the university's reputation had “suffered” and he had to quit.
Friday, March 4th 2011 - 06:09 UTC
“Revulsion against corruption” partly sparked Libyan revolution, says Soros

Citizens of oil producing nations must see more benefit from their country's national resources, billionaire investor said George Soros interviewed by the BBC. Revolts in Libya were partly the result of “revulsion against a corruption” fed by the misuse of oil money, he added.
Friday, March 4th 2011 - 06:04 UTC
Green light for the construction of the world’s third largest dam in Brazil

A Brazilian court on Thursday lifted an order that suspended construction of the massive but controversial Belo Monte hydroelectric plant in the Amazon rain forest, a project expected to face barrage of lawsuits by environmental critics.
Friday, March 4th 2011 - 05:59 UTC
Geithner argues growth in China, India, Brazil are boosting US exports

Rapid growth of emerging economies like China, India and Brazil is boosting the American exports, US Treasury Secretary Timothy Geithner has said.
Friday, March 4th 2011 - 05:56 UTC
China ready to implement lower tariffs to boost imports

China will reduce import tariffs on a range of products and further cut red tape involved in import application procedures, to “maintain balanced trade” according to statements from a senior official to a local newspaper.
Friday, March 4th 2011 - 01:52 UTC
Brazil, the seventh economy of the world and ready to overtake France and UK

Brazil announced Thursday it has become the world’s seventh economy after having expanded 7.5% in 2010, the strongest in 24 years. Brazil’s GDP now stands at 2.1 trillion US dollars with a per capita income of 11.185 USD.
Friday, March 4th 2011 - 01:31 UTC
Democracy in Latam, a success story ‘except for Cuba, Venezuela and Nicaragua’

Latin America is enjoying growth and stable democracy with the “notable exceptions” of the leftist governments of Cuba, Nicaragua and Venezuela, Secretary of State Hillary Clinton said Wednesday.
Friday, March 4th 2011 - 01:31 UTC
Bolivia signs gas exploration agreements with Petrobras and Repsol

Bolivia's state-owned oil company YPF Bolivianos said this week that it has signed oil and gas exploration agreements with Brazil's Petrobras and Spain's Repsol.
Friday, March 4th 2011 - 01:20 UTC
Argentine Treasury appeals to government banks to pay debts

Argentina's Treasury will borrow 8.40 billion pesos (2.02 billion US dollars) from state-run Banco Nacion this year to refinance some of its debt with the bank, a top official told state news agency Telam on Wednesday.
Friday, March 4th 2011 - 01:13 UTC
Argentine leader says Cristina Fernandez will not bid for re-election

Argentine presidential pre-candidate Eduardo Duhalde , on the campaign trail, assured that President Cristina Fernández de Kirchner will decide not to seek re-election in June because ”she will realize that she has no chances of winning” in a second round.