Politics

• Tuesday, March 9th 2010 - 19:12 UTC

  Falklands all Party Parliamentary Group chairman steps down

  

  The Falkland Islands Government hosted a dinner at the House of Commons to say farewell to Sir Nicholas Winterton MP, as Chairman of the UK Falkland Islands All Party Parliamentary Group (APPG), a post he has held since 1997.

• Tuesday, March 9th 2010 - 18:59 UTC

  “European Monetary Fund” to cope with Greece type crises

  

  The European Union is considering creating a rescue fund that could anticipate fundamental changes in the 27-country bloc and bring closer economic cooperation following Greece's debt crisis.

• Tuesday, March 9th 2010 - 18:53 UTC

  Britain files legal challenge against EC over Gibraltar waters row

  

  The British Government has filed a legal challenge against the European Commission’s decision to re-list Spain’s controversial nature site in Gibraltar waters. Britain had already announced that it would take the step and the case was filed with the European Court of Justice last Thursday, just a day before the March 5 deadline.

• Tuesday, March 9th 2010 - 07:45 UTC

  Falklands' tension, no risk of military conflict says Jane’s analyst

  

  Exploratory oil drilling, which began last month in waters north of the Falkland Islands (whose sovereignty remains contested by the United Kingdom and Argentina) has upped the tension level in the region, the security information provider Jane's has noted.

• Tuesday, March 9th 2010 - 07:43 UTC

  “No left turn” for Brazilian “successful and tested” economic policies

  

  Brazil’s Finance minister Guido Mantega discarded any “left turn” or leaning towards the left with the country’s economic policy in the event of a victory by the incumbent candidate and cabinet chief Dilma Rousseff.

• Monday, March 8th 2010 - 10:46 UTC

  Chile Telethon Raises US$58 Million For Disaster Victims

  

  Around 10,000 volunteers in 400 locations across Chile united to raise funds for the earthquake stricken country over the weekend.

• Monday, March 8th 2010 - 09:22 UTC

  Latinamerica forecasted to expand 3% or more, this year

  

  The Latinamerican economy is poised to expand 3% or more in 2010, the year that will signal the beginning of recovery for the region according to the Inter American Development Bank, (IDB), President Luis Alberto Moreno.

• Monday, March 8th 2010 - 09:09 UTC

  Chavez incorporates ousted Zelaya to his payroll through Petrocaribe

  

  Ousted former Honduras President Manuel Zelaya has been appointed Head of a “Political Council” of Venezuelan energy consortium Petrocaribe which allows Caribbean and Central American nations to buy oil at a discount from Venezuela.

• Monday, March 8th 2010 - 07:48 UTC

  Argentine government tells Congress it will pay debts with reserves

  

  Argentine government officials reiterated over the weekend that despite efforts from the opposition to stop the Government, it would service the public debt with the Central Bank foreign reserves.

• Monday, March 8th 2010 - 07:44 UTC

  Brazil cutting liquidity but preparing plan to promote exports

  

  Brazil is preparing a package of incentive but this time to promote exports which suffered significantly last year because of the global slowdown, announced Finance minister Guido Mantega in an inteview with Folha de Sao Paulo.