Politics

• Tuesday, June 2nd 2009 - 10:40 UTC

  Cisco and Travelers to replace Citi and GM in Dow Jones average

  

  Shock waves of the financial crisis and its impact on the real economy have reached the United States Dow Jones Industrial Average which announced Monday the replacing of two iconic shares from its thirty blue chips index, announced Dow Jones & Company.

• Tuesday, June 2nd 2009 - 10:24 UTC

  New Salvador president praises Obama and re-establishes relations with Cuba

  

  A left-wing former television journalist, Mauricio Funes, was sworn-in Monday as president of El Salvador. President Funes heads the FMLN, the former Marxist rebels who fought a 12-year civil war against US-backed governments until 1992.

• Tuesday, June 2nd 2009 - 04:39 UTC

  China and U.S. seal economic and financial “partnership”

  

  In his first official visit to China since becoming Treasury Secretary, Mr Geithner told politicians and academics in Beijing that he still supports a strong US dollar, and insisted that the trillions of dollars of Chinese investments would not be unduly damaged by the economic crisis.

• Tuesday, June 2nd 2009 - 04:33 UTC

  Labour with 18% support trail Tories by 22 points, says poll

  

  Support for the Britain’s ruling Labour party has plunged by 10 points in the past month and the party now trails the Tories by 22% and is running neck and neck with the Liberal Democrats, according to a new poll.

• Monday, June 1st 2009 - 13:38 UTC

  Mercosur remains strategic for Uruguay and must be “strengthened”

  

  Uruguay will emphasize the need to “strengthen” Mercosur given the global context and the current weakness of the group’s cohesion said the country’s head of the Economic, Integration and Mercosur affairs office at the foreign relations ministry. However the current political environment does not seem to be the most appropriate.

• Monday, June 1st 2009 - 13:22 UTC

  Ecuador’s Correa forecasts the end of OAS and promotes the Group of Rio

  

  Ecuadorean president Rafael Correa said the Organization of American States, OAS, has “no longer a reason to exist” and forecasted it will be replaced by the Group of Rio, arguing it was time that Latinamerican issues ceased to be discussed in Washington.

• Monday, June 1st 2009 - 13:17 UTC

  Iran/Israel conflict also present at the OAS meeting in Honduras

  

  Israel's Deputy Foreign Minister will attend the annual general assembly of the Organization of American States this week in Honduras in an attempt to counter Iran's growing influence in Latinamerica, according to Israel diplomatic sources.

• Monday, June 1st 2009 - 09:02 UTC

  OAS calls for a political solution to Colombian internal conflict

  

  The Organization of American States Secretary General said the Colombian internal conflict should move towards a negotiated political solution, and offered to contribute to the peace efforts.

• Monday, June 1st 2009 - 09:00 UTC

  Tory leader orders MP to pay capital gains tax

  

  A British opposition Conservative frontbench MP who avoided paying capital gains tax on the sale of her taxpayer-funded second home will have to pay the money, party leader David Cameron has said.

• Monday, June 1st 2009 - 08:57 UTC

  Tories to question UK government on Spanish incursions in Gibraltar waters

  

  UK Shadow Foreign Secretary William Hague is to question the British Government following the recent incidents involving the Spanish navy off the coast of Gibraltar, reports the Gibraltar Chronicle.