Politics

Monday, August 16th 2010 - 19:26 UTC
US militant apologizes for collaborating with terrorism in Peru

United States citizen Lori Berenson apologized to the Peruvian people for collaborating with a terrorist group and asked an appeals court to let her remain free on parole. She was sentenced to 20 year in prison and was released last May after serving 15 years, three fourths of the sentence.
Monday, August 16th 2010 - 18:56 UTC
U.S. Dollar Direction In 2nd Half of 2010

The last two years have been quite volatile in financial markets. First, in the fall of 2008, it appeared that the entire global economic system was headed toward inevitable destruction as US financial institutions Bear Stearns, Fannie Mae & Freddie Mac, and Lehman Brothers all collapsed in September of ’08.
Monday, August 16th 2010 - 05:08 UTC
Argentina official July inflation, 0.8%; private sector and unions: 1.9%

Argentina’s annual inflation rate in July rose to the highest level since May 2006, led by higher costs for leisure goods and clothing. Consumer prices increased 11.2% from a year earlier and 0.8% from June the national statistics institute Indec, said.
Monday, August 16th 2010 - 04:52 UTC
It is official: Cristina or Nestor will be running for president in 2011

Argentine Cabinet Chief Aníbal Fernández said Sunday that either Néstor Kirchner or Cristina Fernández de Kirchner would be the candidates for the 2011 presidential elections from the ruling party.
Monday, August 16th 2010 - 04:44 UTC
Paraguayan president while under treatment must avoid contact with people

Paraguayan president Fernando Lugo, currently under chemotherapy treatment should concentrate his activities to Government House and avoid mingling with people and exposed to dust in his trips to the interior of the country, warns a member of his medical team.
Monday, August 16th 2010 - 04:35 UTC
Ms Rousseff strongly supports national capital in Brazilian airlines

Brazilian incumbent presidential candidate Dilma Rousseff strongly supported Brazilian majority participation in airlines although admitted not having been in touch with last week’s announcement of a merge between Lan Chile and Tam Brazil to become the largest Latinamerican air carrier.
Monday, August 16th 2010 - 04:12 UTC
Gibraltar/La Linea dispute triggers ample coverage in UK press

Ashley Fox Tory MEP for South West of England & Gibraltar has written to the UK press about the current developments in La Linea, reports the Gibraltar Chronicle.
Monday, August 16th 2010 - 04:08 UTC
One of Chavez ideologist mentors but disenchanted with the revolution, dies

The retired general and ex-leader of the governing United Socialist Party of Venezuela, or PSUV, has died, state-run media reported. He was 75.
Monday, August 16th 2010 - 04:03 UTC
Japan’s economy slows down considerably in second quarter

Japan’s economy expanded at the slowest pace in three quarters. GDP rose an annualized 0.4% in the three months ended June 30 from a revised 4.4% expansion in the first quarter, the Cabinet Office said in Tokyo.
Monday, August 16th 2010 - 03:52 UTC
China extends influence to Sri Lanka, finances and builds new port

Sri Lanka has unveiled a new seaport, the showpiece among a series of big new infrastructure projects on the island. The port in southern Hambantota was built with Chinese assistance as part of a 6 billion US dollars drive to rebuild infrastructure after the war.