Politics

Tuesday, June 8th 2010 - 00:29 UTC
Chavez announces purchase of second batch of Chinese K-8 military planes

Venezuela will spend 82 million US dollars on a second batch of Chinese K-8 military training aircraft, President Hugo Chavez announced on Sunday. The Chavez regime has ordered 18 of the light attack and training planes from China and last March received the first six.
Tuesday, June 8th 2010 - 00:27 UTC
Argentine top magistrate cautions pickets blocking bridge leading to Uruguay

Argentina’s Supreme Court president Ricardo Lorenzetti said that the blockade by Argentine pickets impeding, since 2006 crossing to neighbouring Uruguay, to protest the construction of a pulp mill, is “unsustainable”.
Monday, June 7th 2010 - 10:57 UTC
OAS delegates and business sector agree to promote democracy and social equality

The Organization of American States, OAS, member countries and the business sector agreed in Lima, Peru on the need to strengthen and instigate the alliance between the public and private sectors in order to promote democracy, social equality and responsibility, and the fight against crime.
Monday, June 7th 2010 - 09:30 UTC
Chavez insists with his nationalization ‘rampage’

President Hugo Chavez announced plans Sunday to take over more private companies in Venezuela and also said his government should review the use of water by trans-national companies like Coca-Cola and Pepsi.
Monday, June 7th 2010 - 09:25 UTC
G-20 fails to reach consensus on proposal to impose global tax on banks

The Group of 20 nations failed over the weekend to agree on a proposal to impose a global tax on banks that was aimed at making the financial industry shoulder the cost of bailouts, settling instead for a common set of guidelines.
Monday, June 7th 2010 - 09:22 UTC
Incumbent Brazilian presidential campaign accused of spying on adversary

A member from the campaign team of Brazilian presidential candidate Dilma Rousseff was forced to resign over the weekend because of an alleged espionage plan to tap information from the main opposition hopeful Jose Serra.
Monday, June 7th 2010 - 06:28 UTC
US Secretary of State Hillary Clinton begins second trip to Latinamerica

US Secretary of State Hillary Clinton arrived Sunday night in Lima, Peru, for her second trip to the region this year. Ms Clinton will be participating on Monday in the two-day Organization of American States General Assembly hosted by Peru.
Saturday, June 5th 2010 - 06:19 UTC
Chile to celebrate 200th anniversary with four days holiday

Chile has decided to celebrate its 200th birthday over four days as opposed to the two given to its usual birthdays. The legislature has approved a proposal to convert both the Friday before and the Monday after Saturday September 18 into official public holidays.
Saturday, June 5th 2010 - 06:16 UTC
IMF identifies three challenges faced by Latinamerica as world crisis recedes

Removing fiscal stimulus, absorbing capital flows and reducing unemployment are the main challenges facing Latinamerican and Caribbean countries as the global crisis recedes, said IMF Managing Director Dominique Strauss-Kahn during this recent visit to South America.
Saturday, June 5th 2010 - 05:52 UTC
Uruguay plans to sell 1 billion US dollars of bonds next year

Uruguay plans to sell about 1 billion US dollars of bonds next year, including 500 million of dollar- denominated debt, said Carlos Steneri, director of public credit at the Ministry of Economy and Finance.