Politics

Sunday, August 1st 2010 - 23:28 UTC
Paraguay expects 650 million USD in loans from Mercosur summit

Paraguay expects the Mercosur summit that begins Monday in San Juan, Argentina, to approve 650 million US dollars in loans. The Paraguayan Foreign Affairs ministry also confirmed that President Fernando Lugo and chancellor Hector Lacognata will be attending the meeting.
Sunday, August 1st 2010 - 23:23 UTC
Aymara priest who blessed Bolivian president arrested with 240 kilos of cocaine

The Aymara priest who blessed Bolivian President Evo Morales at an inauguration ceremony four years ago has been arrested in possession of 240 kilos of cocaine, police said.
Saturday, July 31st 2010 - 19:59 UTC
Mercosur inter-trade forecasted to reach 41 billion USD this year

Trade among Mercosur full members Argentina, Brazil, Paraguay, Uruguay and Venezuela in the process of incorporation is forecasted to reach 41 billion US dollars said Brazil's ambassador to Argentina Enio Cordero. This is a significant leap from the 9 billion of 2002 and 4.5 billion in 1991 when the block was established.
Saturday, July 31st 2010 - 19:51 UTC
Brazil’s incumbent presidential candidate takes the lead over main rival

Brazil's ruling Workers' Party presidential candidate Dilma Rousseff, has a five percentage-point lead over her main rival Jose Serra, according to the latest opinion poll released Friday.
Saturday, July 31st 2010 - 19:47 UTC
Uribe most probably will have Lula da Silva at his table in next Friday’s banquet

The Brazilian Executive spokesman Marcelo Baumbach said on Saturday that President Lula da Silva had a long conversation on the phone with Colombian president-elect Juan Manuel Santos and they talked about the diplomatic crisis with Venezuela.
Saturday, July 31st 2010 - 19:35 UTC
Kuwait plans to open embassy in Montevideo to bolster trade

Kuwait and Uruguay signed several agreements to bolster bilateral relations during the visit to Montevideo of a high level delegation from the Middle East country. Kuwaiti authorities announced that the kingdom would soon be opening an embassy in Montevideo.
Saturday, July 31st 2010 - 19:26 UTC
Egypt to sign free trade agreement at Mercosur summit in Argentina

Egypt will be signing a free trade agreement with Mercosur during the group’s presidential summit scheduled for next August 3 in Argentina, announced Friday the Egyptian trade minister on Friday.
Saturday, July 31st 2010 - 19:06 UTC
Chile re-establishes relations with Honduras; recognized President Lobo

Chile is re-establishing diplomatic relations with Honduras more than a year after a coup sent the Central American country into political crisis, Chile's foreign ministry announced Friday.
Saturday, July 31st 2010 - 18:56 UTC
Mujica and Lula da Silva reiterate commitment to Mercosur and Unasur

Brazilian President Lula da Silva and Uruguay’s Jose Mujica on Friday defended South America’s integration as a peace zone and reiterated the two countries commitment to Mercosur and Unasur.
Saturday, July 31st 2010 - 05:26 UTC
Record unemployment in Spain reaches 20.09%, highest since 1997

Spain’s unemployment rate already the highest in the Euro region rose to the most in more than a decade in the second quarter: 20.09% up from 20.05% in the first quarter, according to the country’s National Statistics Institute. This is the highest since 1997.