Stories for December 2015

Wednesday, December 9th 2015 - 08:38 UTC
Oil prices plummet to seven-year lows on global supply glut

Oil prices slid on Tuesday, approaching seven-year low points on a global supply glut and weak demand growth. Crude futures had already slumped Monday after the OPEC oil producers cartel last week refused to slash record high output, in a market dogged by oversupply.
Wednesday, December 9th 2015 - 08:17 UTC
Malcorra does not discard a trade agreement with US; Obama could visit Argentina next year

Argentina's foreign minister-designate Susana Malcorra said the FTAA (Free Trade Area Of the Americas) is not a bad word suggesting the country could eventually sign a free trade deal with the United States in the future. She also referred to the Falklands/Malvinas dispute, “an urgent claim” but focusing on things in common and “not differences”.
Wednesday, December 9th 2015 - 08:06 UTC
It's official: Venezuelan opposition wins a two thirds majority in the legislature

Venezuela said the opposition coalition MUD has won a two-thirds super majority in the country’s legislature, a major victory in Sunday’s elections.
Wednesday, December 9th 2015 - 04:34 UTC
Cristina Fernandez will not attend Macri's swear-in ceremony on Thursday

Argentine president Cristina Fernandez will not be attending the swear-in ceremony in Congress on Thursday when president elect Mauricio Macri is set to take office, according to Oscar Parrilli, head of intelligence and one of the closest aides of the Kirchners, “conditions are not given”.
Tuesday, December 8th 2015 - 09:36 UTC
A Positive Outlook for the Falklands at FIA's annual general meeting

The Falkland Islands have received assurances of sustained support from the British Parliament and from the Falkland Islands Association at that organisation’s annual general meeting in London where members were given a positive report of progress and economic development in the Islands.
Tuesday, December 8th 2015 - 09:10 UTC
Now comes the main challenge for the fragile opposition coalition: running Venezuela

Venezuela's fragile opposition coalition which managed to come together to achieve victory over the Chavista government on Sunday, now faces the test of trying to stick together and use its newly won congressional authority to address the country’s deep economic problems and political rifts.
Tuesday, December 8th 2015 - 09:08 UTC
No break for the Brazilian economy, according to the central bank

Analysts expect Brazil's economy to contract by 3.50% this year, with inflation hitting 10.44%, the Central Bank said on Monday. GDP and inflation estimates come from the Boletin Focus, a weekly Central Bank survey of analysts from about 100 private financial institutions on the state of the national economy.
Tuesday, December 8th 2015 - 09:03 UTC
Impeachment battle takes off in Brazil; Rousseff calls for an early vote

Impeachment proceedings against Brazil's President Dilma Rousseff were delayed on Monday by a fight between supporters and opponents trying to stack a lower house committee that will report on whether she committed an impeachable offense.
Tuesday, December 8th 2015 - 08:40 UTC
“Relations with Britain can't be limited to the Malvinas issue”, says Malcorra

Argentina's next foreign minister Susana Malcorra, who will have the task of reestablishing relations with 'all countries', including those with which there are pending or difficult situations, made it a point to underline British Prime Minister David Cameron's gesture of phoning president elect Mauricio Macri to congratulate him on his victory.
Tuesday, December 8th 2015 - 01:13 UTC
Falklands' Battle Day, 8 December 1914, Act of Remembrance

The Falkland Islands will commemorate this Tuesday 8th December, the naval engagements of 8th December 1914, one of the Royal Navy's greatest victories during the First World War, which resulted in the sinking of a German imperial squadron that threatened to capture the Islands.