Current Edition

Current Edition
Tuesday, March 3rd 2015 - 12:44 UTC

One of Chile's most active volcanoes erupts: 3.500 people evacuated

Villarrica is one of Chile’s most active volcanoes and activity reportedly increased in the past month

A volcano in Villarrica, southern Chile erupted early Tuesday morning, spewing lava into the sky and causing about 3,500 people to evacuate. The volcano, which is one of South America's most active, sent ash and smoke 3,300 feet into the air at about 3 a.m. local time. It did not cause any injuries to people or damage to infrastructure, according to the Chilean e-news Emol.com.

Tuesday, March 3rd 2015 - 06:46 UTC

Maduro gives US two weeks to cut size of Caracas embassy staff to 17

The move came after Maduro lashed out at what he called U.S. “conspiracies” against his populist government

Venezuela's government has given the U.S. two weeks to slash the size of its embassy staff in Caracas to 17 diplomats as tensions between the two nations rise. Foreign Minister Delcy Rodriguez made the announcement Monday after a meeting with the top American diplomat in Caracas. She said it is up to the U.S. to decide which of an estimated 100 diplomats it wishes to send home.

Tuesday, March 3rd 2015 - 06:34 UTC

Uruguay's economy vulnerabilities: inflation and budget deficit, says IMF report

Above-target inflation leaves little room for a countercyclical monetary policy response

The Uruguayan economy is decelerating gradually after a decade of strong and inclusive growth. Export receipts are growing at a markedly lower clip than a few years ago and domestic demand growth is slowing towards a more sustainable pace. At the same time, inflation remains above the target range and the primary fiscal balance has weakened further in 2014.

Tuesday, March 3rd 2015 - 06:24 UTC

Dollar on Monday at an eleven year peak against major currencies

The dollar has been steadily rising, largely because the US economic outlook is stronger than those of other big countries

The dollar rose on Monday against major currencies touching an 11-year peak. The Euro, which has been in an extended slump, had been up by as much as a third of a percent against the dollar but surrendered gains and traded near unchanged at just under $1.12.

Tuesday, March 3rd 2015 - 06:17 UTC

Truckers strike in Brazil still disrupting traffic in several states; soy harvest delayed

The industrial action has slowed down exports of soy beans in the midst of harvest: 600 trucks instead of the usual 3.000 are reaching Paranagua.

Striking truck drivers resumed some roadblocks in Brazil on Monday even as the government cracked down on protesters and promised to implement a law to lower toll costs and give other benefits to the transport sector.

Tuesday, March 3rd 2015 - 06:05 UTC

“One Team, One Country, One Dream” - It's just Davis Cup tennis

Juan Martín del Potro will not play, but will assist Argentina's Davis Cup tennis team in any way he can to face Brazil over the weekend in Buenos Aires.

By Federico Coronado - Argentina's team prepares for this coming weekend's clash against Brazil. Statement of unity with controversial choice of words for tie versus sporting arch-rivals. Del Potro still not fit, will be there to assist teammates, anyway.

Tuesday, March 3rd 2015 - 05:45 UTC

London Heathrow and Star Alliance win the World's Airport of the Year award

The award is one of the first bestowed on the new Terminal 2/the Queen’s Terminal which opened on June 4th, 2014

London Heathrow and Star Alliance have won the World’s Airport of the Year at Air Transport World’s (ATW) 41st Annual Airline Industry Achievement Awards, honored jointly for their collaborative work on the new Terminal 2 at Heathrow.

Monday, March 2nd 2015 - 07:19 UTC

Falkland Islands included in European funds for environmental projects

 SAERI is coordinator for the South Atlantic Hub: Ascension Island, St Helena and Tristan da Cunha, Falkland Islands, South Georgia and South Sandwich Isles.

More than €6 million has been made available to European Overseas Countries and Territories (OCTs) some of which can be accessed for environmental projects within the Falkland Islands, according to a report from the Penguin News last edition.

Monday, March 2nd 2015 - 07:00 UTC

Uruguay's Vazquez returns to office a decade later but with a different economic climate

The incoming and outgoing presidents effusively embrace in the stage mounted in the Independence Plaza

Tabare Vazquez was sworn in as president of Uruguay Sunday, returning to office a decade after first leading the centre left catch-all coalition to power and drawing a curtain on folksy farmer Jose Mujica's colorful rule. Vazquez, a cancer doctor with a more buttoned-down style than the outspoken Mujica, won 53.6% of the vote in a November 30 presidential run-off, reclaiming the office he previously held from 2005 to 2010.

Monday, March 2nd 2015 - 06:55 UTC

“Open your heads: world is different, China leads”, argued Cristina Fernandez

”You cannot be so small-minded, colonized minds my dear friends,” fired the Argentine president against the critics of the deals with China.

“I'm asking all Argentine and mainly those who have aspirations of leading the country, to open their heads”, said Cristina Fernandez in reference to the recently signed agreements with China, which are in the framework of an “integral strategic association” and have under strong criticism.

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