Venezuelan President Hugo Chavez says in a new interview that he will seek another six-year term next year even as he struggles to overcome cancer. President Chavez made the remark in an interview published Monday in the government newspaper Correo del Orinoco. The president said he has not thought for a moment about leaving his […]
Chavez Set on 2012 Re-Election Bid Despite Cancer
Posted July 25th, 2011 at 4:50 pm (UTC-5)
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Research Group: Colombian Gangs Eye Bigger Role in Local Elections
Posted July 25th, 2011 at 3:50 pm (UTC-5)
An international research institution says quickly evolving criminal gangs in Colombia are seeking to expand their influence in local elections this October and could reverse a decade-long trend of falling electoral violence. The International Crisis Group issued its assessment in a report Monday. The Brussels-based organization says illegal armed groups seek to consolidate and expand […]
IMF Urges Swift Action on US Debt Dispute
Posted July 25th, 2011 at 1:50 pm (UTC-5)
As U.S. lawmakers and President Barack Obama haggle over plans to cut Washington’s massive debt, the International Monetary Fund says the United States must take urgent and effective action on the issue. Monday, the newest IMF report on the U.S. economy said it is critical to the U.S. and other economies for Washington to promptly […]
IMF Warns as US Politicians Wrangle Over Debt
Posted July 25th, 2011 at 11:30 am (UTC-5)
As U.S. congressional leaders and President Barack Obama haggle over plans to cut spending and perhaps raise taxes, a key expert at the International Monetary Fund says Washington needs to do both to solve its debt problems. Gian-Maria Milesi-Ferretti told journalists Monday that the U.S. economic recovery is still weak, so spending cuts should be […]
Strauss-Kahn Accuser Speaks Out
Posted July 25th, 2011 at 10:30 am (UTC-5)
The New York hotel maid who accused former International Monetary Fund chief Dominique Strauss-Kahn of sexual assault has gone public in media interviews, saying she wants justice and for her alleged attacker to go to jail. Nafissatou Diallo agreed to interviews with Newsweek magazine and ABC television more than two months after the incident in […]
World Markets Await US Debt Deal
Posted July 25th, 2011 at 10:30 am (UTC-5)
Stock prices in the United States, Asia, and Europe declined in Monday’s trading, as investors waited to find out whether President Barack Obama and U.S. congressional leaders would reach agreement on raising the federal debt limit. The benchmark U.S. index was down half a percent, London’s FTSE fell three-tenths of a percent, while Japan’s NIKKEI […]
Clinton, in Hong Kong, Reassures Asian Investors
Posted July 25th, 2011 at 9:25 am (UTC-5)
U.S. Secretary of State Hillary Clinton urged China to restrain North Korea from provocative acts, and discussed with Chinese State Councilor Dai Bingguo the next steps toward ending Pyongyang’s nuclear programs, if talks this week between U.S. and North Korean diplomats make progress. Clinton met with Dai Monday in the southern Chinese city of Shenzhen, […]
Venezuela’s Chavez Confirms Will Run Again in 2012
Posted July 25th, 2011 at 6:55 am (UTC-5)
Venezuelan President Hugo Chavez says he will seek another six-year presidential term in 2012. In an interview published Monday in the state newspaper Correo del Orinoco, President Chavez said he will seek “with more strength than before” his reelection to the presidency, despite his recent surgery to remove a cancerous tumor followed by chemotherapy. Mr. […]
Argentine President’s Candidate Loses Provincial Governorship
Posted July 25th, 2011 at 3:20 am (UTC-5)
Argentine President Cristina Fernandez suffered an electoral setback Sunday when her candidate finished in third place in the race for governor of Santa Fe province. Argentina’s Socialist Party appear set to retain the governorship. Santa Fe is an agricultural hub and politically a Socialist stronghold. National opinion polls indicate President Fernandez has a wide lead […]
US Congressional Democrats, Republicans Write Separate Debt-Ceiling Plans
Posted July 25th, 2011 at 2:40 am (UTC-5)
U.S. Senate and House of Representatives leaders are preparing separate backup plans to raise the federal debt limit after Congress and the White House failed to come up with a bipartisan agreement Sunday. The leader of the majority party in the House, John Boehner, called Sunday on his fellow Republicans to support what he called […]
