Politics

Saturday, December 5th 2009 - 09:05 UTC
President-elect Mujica calls on Uruguayans “to talk less and work more”

President elect Jose Pepe Mujica said that Uruguay has a strategic position in the region with a great future and he conceives the country not as a “wedge” but as a “bridge”.
Saturday, December 5th 2009 - 03:37 UTC
November inflation in Uruguay remains unchanged: annual target 5.9%

Uruguayan consumer prices in November remained virtually unchanged with a 0.06% increase over October, having accumulated in the last twelve months 6.39% and 5.41% in the eleven months of 2009, according to the latest data released by the Statistics Office.
Saturday, December 5th 2009 - 02:33 UTC
European Central Bank begins withdrawing stimuli liquidity

The European Central Bank (ECB) is to start withdrawing some of its special measures to support the economy. The bank is withdrawing some of its cheap short-term loans designed to boost the amount of money available in the markets and encourage bank lending.
Friday, December 4th 2009 - 08:07 UTC
Bolivian electorate loves President Morales but Senate is in doubt

Bolivian president Evo Morales is expected to be easily re-elected on Sunday but is desperately fighting to ensure a two thirds majority in the Senate which would enable him to pass a hundred bills to continue with the political and economic reforms he has pending from his first mandate.
Friday, December 4th 2009 - 08:04 UTC
Iran trebled trade with Latinamerica in 2008 reaching 2.9 billion USD

Iran has trebled trade with Latinamerica and Argentina has become its second partner in the region (replacing Mexico) according to Latin Business Chronicle based on data form the International Monetary Fund.
Friday, December 4th 2009 - 05:06 UTC
UK government warns bankers “to come back into the real world”

A British government minister has told bankers “to come back into the real world” after Royal Bank of Scotland directors threatened to resign over bonuses. City Minister Lord Myners said it was unrealistic that bankers should expect to be paid million pound bonuses.
Friday, December 4th 2009 - 04:54 UTC
Chilean government defends arms’ purchases: 6 billion USD since 1990

Chile does not want to start an arms race, nor does it have aggressive intentions toward its neighbours.
Thursday, December 3rd 2009 - 13:35 UTC
Toys’ game: Brazil warns Argentina that trade restrictions will be reciprocated

Brazil has threatened with trade reprisals if Argentina does not lift new restrictions to imports of Brazilian manufactured toys. Trade tensions between the two Mercosur partners and largest economies of South America have soured lately because of what Brazil considers “protectionist” measures and attitudes from Argentina.
Thursday, December 3rd 2009 - 13:32 UTC
Mujica to meet with Lula da Silva next week in Montevideo

Uruguayan president-elect Jose Mujica is scheduled to meet next Tuesday with Brazilian president Lula da Silva on the sidelines of the Mercosur summit to be held in Montevideo, according to diplomatic sources.
Thursday, December 3rd 2009 - 13:27 UTC
Honduras overwhelmingly votes against reinstatement of Zelaya

Honduras’ Congress overwhelmingly voted Wednesday against the reinstatement of ousted President Manuel Zelaya, a move that closes the door on his return to power after he was toppled in a June coup.