Current Edition

Current Edition
Friday, January 23rd 2015 - 06:20 UTC

EU, US and IMF clash over the European economy and the Euro in Davos

“There is a general expectation to compare the US economy and the Euro area and I don't think that's a reality,” said Christine Lagarde

Europeans, including IMF chief and Americans clashed on Thursday in Davos during a debate on monetary stimulus that degenerated into a skirmish over the European Union economy and the Euro.

Friday, January 23rd 2015 - 06:10 UTC

Morales is sworn in for a third period promises to reduce poverty to 8% by 2020

 “In a short time we have improved the economic and social situation but we still have to consolidate our transformation process” said the Bolivian leader

President of Bolivia Evo Morales on Thursday was sworn in for the third time as his country's head of state, and set as his primary objective reduce further poverty levels up to the end of his term in 2020.

Friday, January 23rd 2015 - 06:03 UTC

US Ambassador Mamet presents credentials and meets with Timerman

“Honored to represent the US in Argentina” said Mamet, seen here shaking hands with foreign minister Timerman

US ambassador to Argentina Noah B. Mamet held his first meeting with Foreign Minister Hector Timerman at the Foreign Ministry on Wednesday afternoon after he arrived in Buenos Aires on Friday of last week.

Friday, January 23rd 2015 - 05:57 UTC

Cameron announces draft bill that will transfer more powers to Scotland

“The Scottish parliament will have more control of its tax and spending, making it one of the most powerful devolved parliaments in the world,” he said.

The British government has begun a historic transfer of powers to Scotland, keeping a pledge it had given to persuade Scots to reject independence as renewed nationalist support surges.

Friday, January 23rd 2015 - 05:43 UTC

In “God will provide” speech Maduro admits economic failure and calls for unity

Maduro announced a new, third dollar exchange system using private brokers to counter the black market, where the currency trades at some 177 Bolivares

In a three-hour State of the Nation speech to the National Assembly on Wednesday night, president Nicolás Maduro acknowledged some of the economic realities facing Venezuela: the economy contracted by 2.8% in 2014 and inflation stood at 64%.

Thursday, January 22nd 2015 - 15:47 UTC

Toothfish poachers caught red-handed in Antarctica waters slip away

“It's the start of a lengthy process to try to stamp out such insidious activity,” said Murray McCully, New Zealand's foreign minister.

Staying hidden behind sea ice and large waves, sailors aboard a navy patrol boat from New Zealand sneaked up on three suspected poaching ships, then took photos and video of the fishermen hauling in prized fish in banned nets from the ocean near Antarctica. Seemingly caught red-handed, the crews of the rusting vessels just kept on fishing.

Thursday, January 22nd 2015 - 11:36 UTC

Oil price collapse hurting some more than others

With weak demand, drillers can negotiate down rig prices. This leads to lower costs, helping drillers stay in the game.

U.S. oil and gas rig counts dropped to their lowest level in over four years, falling by an additional 74 units for the week ending on January 16. The lower count provides fresh evidence that low oil prices are forcing drillers to pare back operations and slash spending.

Thursday, January 22nd 2015 - 07:23 UTC

A third passage to Nisman's apartment and a locksmith who testified the service entrance was not locked

Walter said the second door was locked but without turning the key, which “was still in the lock”. He then used Nisman's mother key to fully open the door

Investigators found a footprint and a fingerprint in a third –recently discovered- access to prosecutor Alberto Nisman’s apartment, which became the latest clues in the investigation of the death of the AMIA special prosecutor late on Sunday.

Thursday, January 22nd 2015 - 07:17 UTC

Suspicious death in Argentina by The New York Times editorial board

The government of President Cristina Fernandez de Kirchner seems eager to establish that the death of prosecutor Nisman was suicide

The following editorial was published on Wednesday by The New York Times addressing recent events surrounding the mysterious death in Buenos Aires of special prosecutor Alberto Nisman, who was investigating the still unsolved case of the July 1994 attack on the Argentine Jewish community center, AMIA. He had been involved in the case for ten years and investigating an alleged Iranian connection.

Thursday, January 22nd 2015 - 06:53 UTC

Uruguay's Almagro becomes the only contender for OAS Secretary General post

Almagro a career diplomat who was named Minister by President Jose Mujica thus has the way clear for becoming the successor of Insulza

Guatemalan former Vice President Eduardo Stein on Wednesday announced that he was withdrawing his candidacy to head the Organization of American States due to health reasons. Stein's withdrawal leaves Uruguay's foreign minister, Luis Almagro, as the only declared candidate for the post.

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