Argentine president’s cancer surgery called success

ARGENTINA’s President Cristina Kirchner underwent surgery for thyroid cancer and emerged “without any problem,” her spokesman said. Kirchner had the surgery on Wednesday to remove her thyroid gland in the city of Pilar, 50 kilometers (30 miles) north of Buenos Aires. “The operation was performed on the president without any problem or complication,” spokesman Alfredo Scoccimarro said in front of Hospital Austral,... [more]

South Korea to set up fund to prepare for North Korea unification

SOUTH Korea said it would set up a fund this year to prepare for eventual reunification with North Korea, as the death of the North’s longtime leader Kim Jong-Il refocused attention on the issue. The unification ministry, which handles cross-border relations, said one of its policy priorities this year was practical preparations for reunification including the fund. In a policy document it also vowed actively to engage in “reunification... [more]

Mikhail Prokhorov compares himself to Vladimir Putin

The businessman has published his presidential pre-election program. Mikhail Prokhorov has become the first presidential candidate to publish his pre-election program. It is entitled “The Present and the Future”. In it, he compares his views with the policies conducted by Vladimir Putin, promising radical changes and reassessment of the relationship between the people and the government. The candidate calls on voters not to wait for... [more]

Romney Wins Iowa With Santorum Close Behind

Early results in the Iowa caucuses show that Mitt Romney has won the contest, with social conservative Rick Santorum coming a close second. The former Massachusetts governor edged out a win in the first caucus of the Republican race with 30,015 votes, as ex Pennsylvania senator Santorum came just eight votes behind with 30,007. As the count nears its end, results show Ron Paul finishing in third place and veteran firebrand Newt Gingrich... [more]

US charges Swiss bankers for hiding $1.16 billion

Three Swiss bankers were indicted in the United States today, accused of hiding $US1.2 billion ($A1.16 billion) in assets of US clients seeking to avoid declaring their full wealth to tax authorities. The bankers, Michael Berlinka, Urs Frei and Roger Keller, were accused of “conspiring with US taxpayers and others” in a massive tax fraud scheme. In an indictment, the three bankers were said to have been client advisers at the... [more]

Sudden reunification could be trouble for Seoul

A single, reunified Korea has long been a cherished dream of people on both sides of the world’s most heavily fortified border. South Korea even has a Cabinet-level ministry preparing for the day. And while Kim Jong Il’s death last month has raised those hopes higher among some in Seoul, few are eager to talk about the cold reality: Sudden reunification could be traumatic for both countries. Any North Korean collapse and... [more]

United States dismisses Iran’s belligerent statements

The United States on Tuesday dismissed Iran’s warning to keep the U.S. aircraft carrier, which recently left the area, away from the Gulf. Iran’s military has told Washington not to send its aircraft carrier back to the Persian Gulf, threatening the U.S. with response measures. “I think it reflects the fact that Iran is in a position of weakness. It’s the latest round of Iranian threats and it’s confirmation that Tehran is under... [more]

Germany and France end tussle over ECB job

The European Central Bank put an end Tuesday to a bitter battle between France and Germany over a key post within the bank by naming a Belgian to the highly coveted position of chief economist. The ECB said executive board member Peter Praet of Belgium would be taking over as the head of its economics department, succeeding Jürgen Stark of Germany, who stepped down at the end of 2011. Praet, who turns 63 later this month and has been a... [more]

Senior US diplomat in China after Kim Jong-Il death

Senior US diplomat Kurt Campbell was due to meet Wednesday with Chinese foreign ministry officials to discuss North Korea after the death of Kim Jong-Il, a US embassy spokesman said. Campbell, the assistant secretary for East Asian and Pacific Affairs, is the first US diplomat to visit North Korea’s closest ally since the leader of the isolated state died from a heart attack on December 17. Kim’s death has sparked concerns... [more]

Wellink: Greek debt partly written off

It is almost certain that euro countries will have to write off part of their loans to Greece, former Dutch Central Bank President Nout Wellink says. The funds the banks have provided to save Greece are insufficient, Mr Wellink says in an interview with Dutch daily Het Financieele Dagblad. European governments have by now financed such a large part of the Greek debt that a debt restructuring is bound to affect them, Mr Wellink is quoted... [more]

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