Politics

Monday, November 24th 2008 - 20:00 UTC
Opposition grabs Caracas and 5 states in Venezuelan polls

Venezuela's opposition cut deep into President Hugo Chávez's majority and standing during last Sunday's local elections when it won five of the country's most populous states as well as the crucial mayor's office of the capital Caracas.
Sunday, November 23rd 2008 - 20:00 UTC
Venezuelan vote seen as key test for Chavez

President Hugo Chavez knows just how important Sunday's state and municipal elections are to his own grip on power.
Sunday, November 23rd 2008 - 20:00 UTC
Brazil recalls Ecuador ambassador

Brazil has recalled its ambassador from Ecuador over the Andean country's suspension of payments on a Brazilian loan worth at least $320 million.
Sunday, November 23rd 2008 - 20:00 UTC
Obama orders economic plan to create 2.5m US jobs

Barack Obama, the US president-elect, has ordered his advisers to produce an economic recovery plan aimed at creating 2.5 million new jobs across the country over the next two years.
Saturday, November 22nd 2008 - 20:00 UTC
Venezuelan municipal elections, key test for Chavez “revolution”

Sunday's elections in Venezuela will be a key test for President Hugo Chavez a year after voters defeated his effort to change the constitution which was targeted to ensure his XXI Socialist-Bolivarian revolution.
Saturday, November 22nd 2008 - 20:00 UTC
NY Fed Reserve Geithner tipped for Treasury Secretary

United States shares rose sharply on Friday following a report that US President-elect Barack Obama has chosen his treasury secretary, reassuring investors. The Dow Jones Industrial Average added 494 points or 6.5% to end at 8,046.66. The Standard & Poor's 500 climbed 6.3%.
Saturday, November 22nd 2008 - 20:00 UTC
Government hails nationalization of pension funds

Argentina's Senate passed on Thursday a bill to nationalize the private pension funds system in a move that analysts say could protect the potential beneficiaries from short-term stock market chaos but also limit their long-term retirement income.
Saturday, November 22nd 2008 - 20:00 UTC
Hillary Clinton accepts post as Secretary of State

New York Senator Hillary Clinton has accepted President-elect Barack Obama's offer of the job of secretary of state. Hillary is expected to accept the position of secretary of state in the Obama Administration. A formal announcement is planned for after Thanksgiving.
Saturday, November 22nd 2008 - 20:00 UTC
Cllr Summers thanks the UK's UN Amb, John Sawers

COUNCILLOR Mike Summers said he would like the House to send its formal thanks and congratulations to the UK's UN Ambassador in New York, John Sawyer, who, with his team, denied an attempt by Argentina and Spain to propose in the United Nations 4th Committee an amendment, which would have denied the right of self-determination to those countries, where there is a sovereignty conflict.
Friday, November 21st 2008 - 20:00 UTC
Ecuador auditing commission suggests halting bond payments

A commission auditing Ecuador's foreign debt has recommended that the country halt payments on three bonds worth 3.9 billion USD after finding “illegalities” in the obligations.