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Alvaro Noboa: Banana Industry Might Collapse in Ecuador

Alvaro Noboa, presidential pre-candidate of Ecuador, denounced the failure in the banana box official payment to the farmers of this product in the country. “As I am a presidential candidate, hundreds of banana farmers have come to me to complain that some exporters are not...
Posted On 11 Jun 2012
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Rajoy: “Spain Needs Financial Assistance not a Bailout”

Spain asked the European Union (EU) up to 100,000 million euros to stabilize the banking system, said the Eurogroup on Saturday. The International Monetary Fund (IMF) presented a report last Friday in which it claimed that several banks in Spain would have to increase their...
Posted On 11 Jun 2012
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Loan to Spanish Banks may be Suspended by the Eurogroup

Spanish banks could lose the loan that the Eurozone has provided them, if they were to fail on their commitments to the excessive deficit procedure. Community sources recalled that this loan does not mean “no additional conditionality” macro. They also underlined that...
Posted On 11 Jun 2012
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US Elections 2012: Romney Talks About Workforce

During a campaign stop in Council Bluffs, Iowa, June 8, the former Governor of Massachusetts, Mitt Romney, stated that the economy is clearly suffering. Afterwards he talked about Barack Obama, “He wants other stimulus, he wants to hire more government workers. He says we need...
Posted On 11 Jun 2012
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Capriles Confirmed his Presidential Candidacy

This morning, the Presidential candidate Henrique Capriles, opponent of the political party of the current of President Venezuela, Hugo Chavez formalized the registration of his candidacy for the elections that will be held on October 7th. Thousands of followers, located in eight...
Posted On 11 Jun 2012
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Selection of Judges for Ecuador Constitutional Court Begins on Thursday

The Qualifying Committee that will select the nine judges for the Constitutional Court (CC for its Spanish acronym) will begin on Thursday to review if the 27 candidates for the position meet the requirements. The main feature of this process, led by the Citizen Participation...
Posted On 11 Jun 2012
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UNASUR Council Will Change Control of Secretariat

Today, the Colombian Maria Emma Mejia will formally concede her charge in the General Secretariat of the Union of South American Nations (UNASUR for its Spanish acronym) to Venezuelan Ali Rodriguez Araques. The handover ceremony will take place at the San Carlos Palace, the...
Posted On 11 Jun 2012
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Rafael Nadal wins his seventh Roland Garros

After postponing yesterday the Roland Garros final because of the bad weather, this morning the Spanish tennis player Rafael Nadal became the new champion of the French Open after beating Serbian Novak Djokovic. The world number two defeated Djokovic 6-4, 6-3, 2-6 and 7-5 in...
Posted On 11 Jun 2012
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Gulf States Supply Arms to Syrian Rebels

According to the US Senator, John McCain, the armed rebels that fight against the Syrian President Bashar al-Assad are being supplied with weapons by some regional countries, including Saudi Arabia. McCain wants that the US follow the lead. McCain was arguing th...
Posted On 11 Jun 2012
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Mubarak’s Health Further Deteriorates

Egyptian security officials informed that the health of former President of Egypt Hosni Mubarak has fully deteriorated. Doctors had to use a defibrillator twice and feed him liquids intravenously. Mubarak’s two sons, Gamal and Alaa, were by his side at the intensive care war...
Posted On 11 Jun 2012
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