Politics

Tuesday, December 1st 2009 - 11:05 UTC
Ibero-American summit divided over the Honduras political situation

Portugal's Foreign Affairs Minister Luis Amado said on Monday that Portugal is working as a mediator among Ibero-American countries to achieve a consensus on the Honduras political situation that is threatening the 19th summit’s final declaration.
Tuesday, December 1st 2009 - 11:03 UTC
Uruguayan president-elect begins round of talks on four basic issues

Uruguayan president elect Jose Mujica and the leader of the junior opposition Colorado Party Pedro Bordaberry met Monday afternoon and agreed to collaborate at technical level in several issues that are considered crucial for the country.
Tuesday, December 1st 2009 - 10:35 UTC
Mujica and Mrs. Kirchner to meet next week in Montevideo

Argentine president Cristina Fernandez de Kirchner will be meeting next week with Uruguay’s president-elect Jose Mujica, announced Argentine ambassador in Montevideo, Hernán Patiño Mayer.
Tuesday, December 1st 2009 - 08:34 UTC
Lobo wins Honduran election and calls for “national unity dialogue”

Honduras conservative presidential candidate Porfirio Lobo declared Monday he won Sunday’s elections while his main contender accepted defeat and de facto president Roberto Micheletti announced he was ready to hand power and step down.
Tuesday, December 1st 2009 - 07:35 UTC
Mercosur, India and African nations begin trade and investment talks

Brazil launched this week in Geneva a round of negotiations to further liberate trade between Mercosur, India and the Union of Nations from Austral Africa with the purpose of ratifying south-south cooperation, while global negotiations in the framework of the Doha Round remain stalled.
Tuesday, December 1st 2009 - 07:33 UTC
Paraguayan Senate “freezes” Venezuela’s Mercosur incorporation

The Paraguayan Senate is also turning its back on Venezuela’s president Hugo Chavez Mercosur incorporation request. A leading Senator from the ruling coalition said that under current circumstances, and Chavez latest statements makes it “virtually impossible” to decide on the issue.
Tuesday, December 1st 2009 - 07:31 UTC
Bolivia’s Morales and opposition fighting for control of Senate next Sunday

Bolivian president Evo Morales is set to win next Sunday’s general election and could even manage 24 of the 36 Senate seats thus ensuring the full control of the future Pluri-national Legislative Assembly, according to the latest opinion polls.
Monday, November 30th 2009 - 12:47 UTC
Hondurans voted on Sunday but legitimacy of results remains unknown

Honduran cattle rancher Porfirio Lobo apparently won the presidency of the Central American country that is trying to overcome a five-month political crisis and rebuild its economy, according to exit polls and preliminary results released by television and radio stations.
Monday, November 30th 2009 - 12:45 UTC
The Ibero-American summit remains divided over the Honduran crisis

The Ibero-American summit of 22 countries began Sunday in the seaside resort of Estoril, Portugal, amid divisions over the elections being held in Honduras. Foreign ministers were unable to reach a common position on the situation where ousted president Manuel Zelaya has called for a boycott of the elections staged by the de facto government.
Monday, November 30th 2009 - 12:43 UTC
United Arab Emirates promises extra liquidity to Dubai’s banks

The central bank of the United Arab Emirates (UAE) has said it will provide banks with extra liquidity. The news comes days after the state-owned Dubai World said it would ask for an extension on repaying its debts, sending world stock markets tumbling.