Current Edition

Current Edition
Friday, April 24th 2015 - 08:59 UTC

Cristina Fernandez tells Russian television she has no favorite presidential candidate

”Favoritism in presidential succession no, that was part of monarchic systems. It has no place in democracies,” said Cristina Fernandez at RT Studio

Argentine President Cristina Fernández revealed on Thursday she does not have any favorite presidential candidates for the upcoming October elections, and eluded to answer about her future in politics during an interview with RT Moscow during her official visit in Russia.

Friday, April 24th 2015 - 08:51 UTC

Petrobras normalizing links with investors on improved governance and transparency

“It's impossible to have a normal relationship with investors because there's no transparency without the numbers,” Ivan Monteiro

With the release of audited financials, Brazilian oil giant Petrobras believes it has started to normalize its relationship with investors and to implement better corporate governance in the wake of the financial scandal that has rocked the company, its chief financial officer said on Thursday.

Friday, April 24th 2015 - 08:43 UTC

Good news for Brazil: economy adds jobs for the first time since November

Job creation remained lackluster by historical standards: over the past decade, the Brazilian economy usually added more than 100,000 jobs per month.

Brazil's economy added jobs in March for the first time since November, government data showed on Thursday, suggesting the country's likely recession may not be as severe as many economists feared. Factories, farms and services companies in Brazil added a net 19,282 jobs in March, the Labor Ministry said, topping market expectations for 25,000 net firings.

Friday, April 24th 2015 - 08:25 UTC

Deutsche Bank agrees to pay 2.5bn fine for manipulating the LIBOR rate

NYDFS Superintendent Lawsky said staff at the bank had engaged in a “widespread effort to manipulate benchmark interest rates for financial gain.”

The New York State Department of Financial Services (NYDFS) announced Thursday that Deutsche Bank had agreed to pay 2.5 billion (2.3 billion Euros) to US and UK authorities as part of a legal settlement over the bank's role in manipulating the London Interbank Offered Rate (Libor).

Friday, April 24th 2015 - 08:08 UTC

EU regulators Russia's Gazprom of abusing dominant position; fine could reach 16bn

“Gazprom may have built artificial barriers, …hindering cross-border competition,” said European Competition Commissioner Margrethe Vestager

Russia’s biggest gas utility, Gazprom, was hit with an antitrust case by European Union regulators for “abusing” its dominant position and overcharging customers for gas supplies. The investigation against the Gazprom has been ongoing for two years.

Friday, April 24th 2015 - 08:03 UTC

Nasdaq index beats its 2000 record, closing at an all time high of 5.056

The rise of Apple has been an important part of the Nasdaq's recovery. It launched the iPod in 2001 and the iPhone in 2007.

The United States tech-heavy Nasdaq index has closed at a record high, surpassing a level it last reached in 2000 at the height of the dot com bubble. The index gained 20.89 points to close at 5,056.06, besting the high of 5,048.62 it hit on 10 March 2000.

Friday, April 24th 2015 - 07:51 UTC

Russia and Argentina agree on an “all-encompassing strategic partnership”

“The memorandums are a massive breakthrough for economic relations between Russia and Argentina”, said Putin next to Cristina Fernandez

Russia and Argentina signed agreements which amounted to an “all-encompassing strategic partnership” during Argentine President Cristina Fernandez visit to Moscow, which ended on Thursday with the meeting at the Kremlin with her counterpart Vladimir Putin.

Friday, April 24th 2015 - 07:36 UTC

CFK from the Kremlin praises Russia's support for Falklands/Malvinas sovereignty claim

“Russia supports Argentina's striving for direct talks with Britain to achieve prompt resolution to the Malvinas Islands dispute,” Putin added.

President Cristina Fernandez, CFK, on an official visit to Russia met at the Kremlin with Vladimir Putin and praised Moscow’s support to Argentina in the dispute with the United Kingdom over the sovereignty of the Falklands/Malvinas Islands as well as in the legal battle against speculative funds suing the country over its defaulted bonds.

Friday, April 24th 2015 - 07:15 UTC

Chilean volcano third blast forecasted; ashes reach neighboring Argentine provinces

The 2.200 meters Calbuco last erupted in 1972 and is considered one of the top three most potentially dangerous among Chile's 90 active volcanoes.

Chile's Calbuco volcano erupted for the first time in over 42 years on Wednesday, creating a remarkable scene of smoke plumes and ash shooting into the sky. A second eruption Wednesday night blasted red-hot rocks skyward and produced an extraordinary display of volcanic lightning. Winds are pushing the ashes north and easr to several neighboring Argentine provinces.

Thursday, April 23rd 2015 - 09:42 UTC

Swedish passport tops the list of most powerful in the world

“The Swedish passport ranks higher based on a combination of visa-free access and ease of obtaining the document”.

Having a Swedish passport in your pocket when you go abroad is more beneficial than having travel identification from any other country in the world, according to a new study. European travel firm GoEuro looked into issues such as how easy it is to get a passport, which countries it offers access to without a visa, its price and how long it is valid for.

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