In the wake of failed “land reform” policies, Hugo Chavez’ socialist government is now aiming to invalidate pharmaceutical patents that his commerce minister calls a “barrier to production.” The plan would allow domestic drug makers to produce the medicines under a license from the government. But critics of the move warn that it will likely lead to shortages and less foreign investment, problems that have already begun to plague the nation as it continues its attacks on the private sector.
Demonstrators protesting what they charge was a rigged election to maintain Mahmoud Ahmadinejad's hold on the presidency continued to occupy the streets of Tehran on June 22, as government riot police attempted to quell the protests. At least 457 people were detained during street demonstrations on June 20 and at least 13 people died during clashes that sometimes turned violent.
Following North Korea’s latest nuclear test and missile launches, the New York Times said on May 28 that it was “tempting to throw up one’s hands and say that there is no point in trying to negotiate. But there is no military option here.
European government leaders ended a two-day summit in Brussels on June 19, after agreeing to create a continent-wide financial regulatory body. EU leaders also agreed to back European Commission President Jose Manuel Barroso's bid for another term in office.