Politics

Monday, July 27th 2009 - 12:35 UTC
Brazil agrees to treble payment for Paraguay’s energy from Itaipú

Brazil and Paraguay agreed over the weekend on an amicable solution to a decade long dispute over a hydro-electric dam on their shared border, with Brazil agreeing to triple the amount it pays its neighbour for energy.
Monday, July 27th 2009 - 12:31 UTC
Colombia’s Uribe re-re-election will be decided next September

Colombian President Alvaro Uribe postponed until September any decision on plans to seek a third term in office, the country’s former defence minister said week in Madrid.
Monday, July 27th 2009 - 12:23 UTC
Castro announces second belt tightening and calls on Cubans to work the land

On the 56th anniversary of the start of the Cuban Revolution, the message from President Raul Castro was not at all celebratory: the country must prepare for a second round of belt tightening because of the global financial crisis and promoting agriculture and food production is a “strategic priority”.
Monday, July 27th 2009 - 12:05 UTC
India launches first home built nuclear submarine

India formally launched its first home-built nuclear submarine on Sunday, joining a select band of five nations that have the capability to build the sophisticated weapons system. Prime Minister Manmohan Singh stressed that New Delhi had no aggressive designs nor meant to threaten anyone.
Saturday, July 25th 2009 - 11:53 UTC
Argentina and Brazil will address “trade differences” in Sao Paulo

Argentina and Brazil agreed to hold talks next week to address the ongoing trade differences which threaten to sour the bilateral relation. The meeting of Presidents Cristina Fernandez de Kirchner and Lula da Silva was held on the sidelines of the Friday Mercosur summit in Paraguay.
Saturday, July 25th 2009 - 11:50 UTC
Mercosur warns it rejects any attempt to call new elections in Honduras

As was anticipated Mercosur released a strong condemnation of the Honduran de facto government and demanded the immediate reinstatement of constitutional president Manuel Zelaya.
Saturday, July 25th 2009 - 10:42 UTC
Argentina/Brazil postpone local currencies swap to promote bilateral trade

Argentina and Brazil postponed the signing of a 1.8 billion US dollars swap agreement that was supposed to promote bilateral trade amid the global financial crisis. Reasons for the delay were not revealed but the event was rescheduled for August 3.
Saturday, July 25th 2009 - 10:40 UTC
Mercosur leaders suggest lifting patent rights to produce anti A/flu vaccines

Speaking in the framework of Mercosur summit in Paraguay, the leaders of Argentina and Brazil suggested Friday that developing countries be allowed to lift patent rights so they can produce more vaccines to battle the A/H1N1 virus flu pandemic.
Saturday, July 25th 2009 - 10:39 UTC
Ousted president Zelaya completes symbolic crossing into Honduras

The ousted president of Honduras briefly crossed on Friday the country's border with Nicaragua, in a symbolic move that United States described as “reckless”.
Saturday, July 25th 2009 - 09:25 UTC
Royal Navy commissions first Type-45 air defence destroyer

The Royal Navy’s newest and most advanced warship HMS Daring was formally commissioned into the fleet in front of the ship's sponsor. The Countess of Wessex, who launched the Type 45 destroyer in Scotland in 2006, was principal guest at the colourful 'Christening' ceremony at Victory Jetty, Portsmouth Naval Base, Thursday 23 July 09.