Politics

Wednesday, November 4th 2009 - 13:21 UTC
Honduran presidential hopefuls sign democracy and governance pact

Four of the six candidates for Honduras presidential election next November 29th signed Tuesday the social pact to strengthen democracy, peace and freedom, one of several steps agreed last week to end the four months institutional crisis of the Central American country, according to political sources.
Wednesday, November 4th 2009 - 13:18 UTC
Peruvian regional initiative to cut military expenditure and fight poverty

Peru launched in Argentina its peace, security and cooperation initiative to reduce arms purchases in the region and to lower expenditure on military hardware.
Wednesday, November 4th 2009 - 13:17 UTC
Two million British children have no parent in work

The number of children in British families living on benefits has increased by 170,000 over the past year, with child poverty growing in affluent as well as traditionally hard hit areas, according to a new report.
Wednesday, November 4th 2009 - 13:14 UTC
Ireland and Spain forecasted to remain in recession well into 2011

The European Union's economy is set to rebound in 2010, recording a growth rate of 0.7% before accelerating to a rate of 1.6% in 2011, the bloc's executive said Tuesday. However some economies will emerge from recession faster than others and among those lagging well into 2011 are Spain and Ireland.
Wednesday, November 4th 2009 - 13:10 UTC
Major restructure of British banks includes more injection of funds

Britain’s Chancellor of the Exchequer Alistair Darling welcomed Tuesday the announcements that Royal Bank of Scotland (RBS) and Lloyds Banking Group are to sell off hundreds of branches.
Wednesday, November 4th 2009 - 13:03 UTC
Brazilian opposition to vote against Venezuela in Mercosur

The Brazilian opposition announced it will attempt to delay as much as possible the Senate vote on the incorporation of Venezuela to Mercosur which is scheduled to take place Wednesday following the approval by the Foreign Affaire committee last week.
Wednesday, November 4th 2009 - 09:32 UTC
Spain’s unemployment at a record 19.3% and no stopping in near future

Spain's registered jobless rose for the third consecutive month in October reaching 19.3%, as stimulus spending began to run out and the boost from the busy summer period faded.
Wednesday, November 4th 2009 - 09:24 UTC
Iraq signs oil development agreements with Britain, China and Italy

Iraq's oil ministry has signed an initial agreement with a consortium led by the Italian firm, ENI, to develop the Zubair oilfield in southern Iraq. The deal which needs cabinet approval calls for the group to extract 200,000 barrels of oil a day, rising to 1.1 million a day within seven years.
Tuesday, November 3rd 2009 - 12:25 UTC
Thousands of Argentine pickets camp in the world’s widest avenue

Thousands of members from Argentine picket organizations camped Monday night in the world’s widest avenue, 9 de Julio in the heart of Buenos Aires demanding the incorporation of other groupings to the government’s unemployment subsidy plans and family allowances.
Tuesday, November 3rd 2009 - 11:58 UTC
French Defence minister calls on Argentina to follow the steps of Brazil

French Defence minister Hervé Morin said that Argentina could increase its international influence following on the steps of Brazil, which is currently modernizing its military hardware and planning on the long term.