Politics

• Saturday, December 5th 2009 - 09:21 UTC

  OAS commemorates 25th anniversary of Argentine/Chile peace treaty

  

  During its regular session Friday at OAS headquarters in Washington, the Permanent Council of the Organization of American States (OAS) commemorated the 25th anniversary of the signing of the Peace and Friendship Treaty between the Republics of Argentina and Chile.

• Saturday, December 5th 2009 - 09:20 UTC

  President-elect Lobo “best positioned” to return democratic rule to Honduras

  

  Washington based Organization of American States Secretary General Jose Miguel Insulza said on Friday that Honduras president –elect Porfirio Lobo is the person “best positioned” to boost the restoration of democratic rule in the Central American country.

• Saturday, December 5th 2009 - 09:14 UTC

  Brazil and Peru create integrated border area in Amazon states

  

  Brazilian president Lula da Silva will be signing with his Peruvian peer Alan García next week in Lima the creation of an integrated zone in the Amazon.

• Saturday, December 5th 2009 - 09:05 UTC

  President-elect Mujica calls on Uruguayans “to talk less and work more”

  

  President elect Jose Pepe Mujica said that Uruguay has a strategic position in the region with a great future and he conceives the country not as a “wedge” but as a “bridge”.

• Saturday, December 5th 2009 - 03:37 UTC

  November inflation in Uruguay remains unchanged: annual target 5.9%

  

  Uruguayan consumer prices in November remained virtually unchanged with a 0.06% increase over October, having accumulated in the last twelve months 6.39% and 5.41% in the eleven months of 2009, according to the latest data released by the Statistics Office.

• Saturday, December 5th 2009 - 02:33 UTC

  European Central Bank begins withdrawing stimuli liquidity

  

  The European Central Bank (ECB) is to start withdrawing some of its special measures to support the economy. The bank is withdrawing some of its cheap short-term loans designed to boost the amount of money available in the markets and encourage bank lending.

• Friday, December 4th 2009 - 08:07 UTC

  Bolivian electorate loves President Morales but Senate is in doubt

  

  Bolivian president Evo Morales is expected to be easily re-elected on Sunday but is desperately fighting to ensure a two thirds majority in the Senate which would enable him to pass a hundred bills to continue with the political and economic reforms he has pending from his first mandate.

• Friday, December 4th 2009 - 08:04 UTC

  Iran trebled trade with Latinamerica in 2008 reaching 2.9 billion USD

  

  Iran has trebled trade with Latinamerica and Argentina has become its second partner in the region (replacing Mexico) according to Latin Business Chronicle based on data form the International Monetary Fund.

• Friday, December 4th 2009 - 05:06 UTC

  UK government warns bankers “to come back into the real world”

  

  A British government minister has told bankers “to come back into the real world” after Royal Bank of Scotland directors threatened to resign over bonuses. City Minister Lord Myners said it was unrealistic that bankers should expect to be paid million pound bonuses.

• Friday, December 4th 2009 - 04:54 UTC

  Chilean government defends arms’ purchases: 6 billion USD since 1990

  

  Chile does not want to start an arms race, nor does it have aggressive intentions toward its neighbours.