Dave's Feed
Feb 26, 2012

G20 moves to line up huge rescue deal for April

MEXICO CITY (Reuters) – The world’s leading economies worked on Sunday to line up a deal in April on a second global rescue package worth nearly $2 trillion to stop the euro-zone sovereign debt crisis from spreading and putting at risk the tentative recovery.

Germany said it would make a decision some time in March on strengthening Europe’s bailout fund, a move other Group of 20 countries say is essential to clear the way for throwing extra funds into the International Monetary Fund.

Feb 26, 2012

Germany to decide on firewall in March: Schaeuble

MEXICO CITY (Reuters) – The German government will decide whether to boost the European bailout fund in March and its parliament is very likely to support any decision for more resources, Finance Minister Wolfgang Schaeuble said on Saturday.

Germany had pledged to review a proposal to beef up the European war chest to prevent further damage from the euro zone’s sovereign debt crisis, and would make its decision by the end of March, he said.

Feb 20, 2012

EU likely to adopt further sanctions against Syria: Germany

LOS CABOS, Mexico (Reuters) – The European Union will likely adopt fresh sanctions against the government of Syrian President Bashar al-Assad in the coming week, German Foreign Minister Guido Westerwelle said on Monday.

Germany and other Western powers have repeatedly called on Assad to step down to put an end to protests against his government, which have triggered a violent backlash from his security forces.

Jan 20, 2012

Mexican leftist juggles love and rage in election run

CHIAPA DE CORZO, Mexico, Jan 20 (Reuters) – For most of the
past five years, Andres Manuel Lopez Obrador has journeyed far
and wide across Mexico, railing against the corruption, fraud
and injustice he says cost him the presidency.

Seething over his wafer-thin election loss to conservative
Felipe Calderon in 2006, the fiery leftist shook Mexico with
some of the biggest street protests in its history, damning its
institutions and declaring himself the rightful president.

Jan 20, 2012

Mexican leftist juggles love and rage in election run

CHIAPA DE CORZO, Mexico, Jan 20 (Reuters) – For most of the
past five years, Andres Manuel Lopez Obrador has journeyed far
and wide across Mexico, railing against the corruption, fraud
and injustice he says cost him the presidency.

Seething over his wafer-thin election loss to conservative
Felipe Calderon in 2006, the fiery leftist shook Mexico with
some of the biggest street protests in its history, damning its
institutions and declaring himself the rightful president.

Jan 17, 2012

Nicaraguans worry about Ortega’s foreign friends

MANAGUA (Reuters) – Nicaragua’s left-wing President Daniel Ortega has won over many critics at home with a successful drive to cut poverty and spur business-friendly policies in Central America’s poorest country.

But his choice of friends abroad makes many Nicaraguans worry that the former guerrilla and Cold War icon is dragging down the country’s reputation and unnecessarily antagonizing the United States and other Western countries.

Jan 16, 2012

Mexican leftist plans change on “monopolies”, mining

TAPACHULA, Mexico (Reuters) – Leftist presidential hopeful Andres Manuel Lopez Obrador has pledged to break up Mexico’s “monopolies” and press foreign mining firms for higher taxes and better wages if elected on July 1.

Lopez Obrador, often vilified by opponents as a threat to private enterprise, said wresting control of large sections of industry from just a few hands was vital to revitalizing the economy.

Jan 11, 2012

Nicaragua’s Ortega urges Israel to destroy nuclear arms

MANAGUA (Reuters) – Nicaragua’s President Daniel Ortega on Tuesday urged Israel to destroy its nuclear weapons to foster peace in the Middle East as he hosted Iranian President Mahmoud Ahmadinejad who is touring Latin America.

Speaking in a ceremony where he was sworn in for a second consecutive term in office, Ortega attacked the U.S. “occupation” of Afghanistan and Iraq, condemned the killing of former Libyan leader Muammar Gaddafi and offered a brief valediction to Iraqi dictator Saddam Hussein.

Jan 5, 2012

Mexico turns up the heat on drug lord Guzman

MEXICO CITY (Reuters) – Mexico’s ruling conservative party had been in power just 50 days when drug lord Joaquin Guzman slipped out of a dark prison and into Mexican folklore.

Eleven years later, President Felipe Calderon’s government is furiously trying to flush out the man nicknamed El Chapo – “Shorty” – to rescue its bloody war on drug cartels.

Dec 30, 2011

Mexican candidate sees possible Pemex listing

MEXICO CITY (Reuters) – A leading presidential candidate of Mexico’s ruling conservatives raised the possibility on Thursday of listing oil company Pemex on the stock exchange to help revamp the state-owned giant.

Josefina Vazquez Mota, who is bidding to become the first woman to serve as Mexican president, told Reuters in an interview the next administration needed to examine how Brazil had managed its partly privatized state oil firm Petrobras.