Current Edition

Current Edition
Thursday, October 8th 2015 - 18:51 UTC

Brazilian congress again exposes President Rousseff's political weakness

Her government failed to gather enough lawmakers to have a quorum for the session despite a cabinet reshuffle last week to bolster her position

Brazil's Congress on Wednesday postponed for a fourth time voting on whether to overrule President Dilma Rousseff's vetoes of two spending bills in a defeat for her government as it scrambles for support to rebalance overdrawn public accounts.

Thursday, October 8th 2015 - 18:46 UTC

Falkland Islands celebrate 275th Anniversary of “Rule, Britannia!” with new crown coin

The coin produced on behalf of the Falklands' Treasury includes a representation of Britannia, the female personification of the British Isles

The Treasury of the Government of the Falkland Islands has issued (18th September) a new collector coin commemorating the 275th anniversary of the composition of the tune “Rule, Britannia!” The staunchly patriotic British song was set to music by Thomas Arne in 1740, adapted from the poem, “Rule, Britannia,” by James Thomson.

Thursday, October 8th 2015 - 12:14 UTC

Rousseff closer to impeachment: government accounting practices 'illegal' says Accounts Court

“The accounts are not a condition where they can be approved. We recommend their rejection,” said lead judge, Augusto Nardes, with unanimous support

Brazil's President Dilma Rousseff suffered a major new setback Wednesday when a court ruled that her government's accounting practices were illegal, handing ammunition to opponents threatening impeachment proceedings. The decision by the Federal Accounts Court or TCU was the latest blow to Rousseff, less than a year into her second term.

Thursday, October 8th 2015 - 12:08 UTC

Brazil's inflation eases in September but still too close to two digits

A consumer price as measured by Brazil’s IPCA index has fallen to 9.49% in last 12 months to September, compared to 9.53% in August.

Inflation in Brazil has eased for second consecutive month, which takes some pressure of the central bank to hike rates further. The Real has also gained pace last month after the central bank promised to do whatever it takes to stem the Brazilian currency's slide. The Real has strengthened to 3.84 per dollar after touching new all-time high of 4.247 per dollar only a couple of weeks ago.

Thursday, October 8th 2015 - 10:36 UTC

Falklands' clearance of Argentine mines 33 years later reported in UK

The latest phase of the project is now underway after launching a few weeks ago in September, with much of the work in areas surrounding the capital, Stanley.

Explosive mines planted by retreating Argentine forces as Royal Marines stormed the Falklands during the 1982 conflict are still being cleared on the Islands, 33 years later, according to a report credited to David Wells from Westernmorningnews.

Thursday, October 8th 2015 - 10:21 UTC

With Brazil contracting 3%, Latin America's economy will shrink 0.3%, says IMF report

“The downturn in Brazil was deeper than expected,” the IMF said and warned of “significant negative spillovers” in the region.

The International Monetary Fund said today that it now expects Latin America's economy to shrink 0.3% this year instead of growing 0.5%, largely due to a steep recession in Brazil and slumping commodity prices. It would be the first recession for the Latin American and Caribbean region since 2009.

Thursday, October 8th 2015 - 09:02 UTC

Osborne emerges as potential successor of Cameron as head of Conservatives

Cameron ignited a behind-the-scenes succession race when he announced earlier this year that he would step down by 2020, before UK's next general election

British finance minister George Osborne has emerged as a potential successor to David Cameron as head of the Conservatives amid buzz at the party's annual conference over who the favorite might be.

Thursday, October 8th 2015 - 08:55 UTC

Blatter's lawyer denies any suspension; FIFA ethics committee also looking into Platini's case

“Mr. Blatter has not been notified of any action by the ethics committee,” Richard Cullen, Mr. Blatter’s lawyer, said

Sepp Blatter, the president of FIFA, was facing a potential suspension this week as the independent ethics committee of world soccer’s governing body deliberated on whether to remove him, at least temporarily, while Swiss authorities investigate him for possible corruption.

Thursday, October 8th 2015 - 08:37 UTC

Argentine Jewish community asks Washington to reveal whereabouts of former spymaster

Allegedly AMIA delegates hand-delivered a letter to US Ambassador Mamet, asking that Washington turn over information relating to  “Jaime” Stiuso

The Argentine Jewish community has requested that the United States reveal the whereabouts of their country’s former spymaster – who reportedly fled to Miami in February following the shooting death of a prosecutor investigating the 1994 car bombing of a Jewish center in Buenos Aires that killed 85 people and injured hundreds.

Thursday, October 8th 2015 - 08:25 UTC

University of Cordoba receives Sustainability award from Argentine/British chamber of commerce

The British Ambassador John Freeman handed out the Excellency Prize

Argentine-British Chamber of Commerce announced the winners of the Sustainable Leadership Awards. The National University of Cordoba’s Hemoderivatives Lab won the CCAB Excellence in Sustainability award for its positive impact on the community, high degree of innovation at the implementation level and strong leadership in the field of sustainability.


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