Current Edition

Current Edition
Monday, August 31st 2015 - 07:22 UTC

Lacking congressional support Rousseff discards reinstating financial transactions tax

Sao Paulo newspapers said Rousseff abandoned the proposal because it realized there was no time to win its approval in Congress

President Dilma Rousseff has dropped the idea of reinstating a tax on financial transactions to bridge a gaping fiscal deficit in Brazil after it ran into a barrage of criticism even from within her coalition, Brazilian media reported on Sunday.

Monday, August 31st 2015 - 07:11 UTC

Falklands/Malvinas: Sarkozy willing to bring sides together to address the issue

“I met with Nicholas Sarkozy who said he was willing to help bring sides together regarding the Argentine claim over the Falklands”, wrote Scioli

Former French president Nicholas Sarkozy, visiting Buenos Aires, has offered to bring sides together regarding the Falklands/Malvinas Islands dispute between Argentina, the United Kingdom and the Islanders, according to the incumbent presidential candidate Daniel Scioli.

Monday, August 31st 2015 - 06:52 UTC

Spain 'willing' to improve cross-border law enforcement with Gibraltar

Spain has acknowledged that shots were fired but insists that its officers were acting lawfully in waters considered Spanish by Madrid. (Pic Reuters)

Spain has signaled its “full willingness” to improve cross-border law enforcement cooperation with Gibraltar, according to a press report in Spain. 'El Pais' said Madrid was seeking to defuse the fallout from last Saturday’s incident at sea, during which warning shots were fired by officers of the Servicio de Vigilancia Aduanera (Customs) who tried to board a local pleasure boat in British waters.

Monday, August 31st 2015 - 06:43 UTC

Uruguayan youngster faces Dutch challenge

Dutch Champions PSV persuaded 20-year old Pereiro to sign a 5-year contract last July. In the picture with Patrick Watts

By Patrick Watts in Eindhoven. - 20 year old Uruguayan sensation Gaston Periero is loving every minute of his new footballing career in the city of Eindhoven, where he now plays for the Netherlands Champions PSV before crowds of 50,000 fanatical supporters.

Sunday, August 30th 2015 - 13:58 UTC

Brazil in recession: worst slowdown in nearly three decades

A commodities-fueled economic boom has fizzled since Rousseff took office in 2011, and her stimulus efforts drove up debt without spurring growth

Brazil's economy shrank 1.9% in the second quarter, sinking into a recession that has hammered President Dilma Rousseff's popularity. The quarterly contraction, reported by government statistics agency IBGE on Friday, was bigger than what markets expected and confirms the worst slowdown for Brazil in nearly three decades.

Sunday, August 30th 2015 - 13:44 UTC

Brazil wants to revive financial transaction tax to increase revenue

“We're in a deep economic crisis and any move in that direction would make the crisis worse,” said Senator Calheiros, speaker of the House.

The Brazilian government is considering reviving a financial transaction tax known as CPMF in a bid to shore up its finances in 2016, but the initiative apparently does not have sufficient support in Congress and President Dilma Rousseff's main coalition ally, PMDB, is not willing to make the presentation.

Saturday, August 29th 2015 - 06:33 UTC

Falklands' MLAs confident they can 'educate' UK politicians who have swallowed the Argentine story

MLA Short said that if Corbyn is successful in the Labor leadership election he is going to do that party an awful disservice...”

Falkland Islands elected lawmakers believe that the election of MP Jeremy Corbyn as leader of Labor would be harmful for that party, but anyhow they are confident that as happened before, they can 'educate' detractors who argue that Britain and Argentina should negotiate over the Falklands.

Saturday, August 29th 2015 - 06:05 UTC

Shame on you Father Benedettini: Malvinas-dialogue poster support was real

Father Benedettini  said “the picture was taken out of context during the general audience when many people give items to the Holy Father”.

Shame and double confession for the Vatican's deputy spokesman father Ciro Benedettini: it has now clearly emerged that Pope Francis was well aware he was holding a poster calling for “Malvinas dialogue between the UK and Argentina”, and furthermore the Holy Father encouraged the man who setup the stage to continue strongly with the campaign.

Saturday, August 29th 2015 - 05:41 UTC

MP Rosindell: Time for Spain to back off, time for Britain to back up Gibraltar

“The reality Madrid must accept is that Gibraltar is firmly British. It has been for hundreds of years, and the people have no desire to become part of Spain”.

Britain cannot allow Spain to continue to ignore international law and bully Gibraltar, said MP Andrew Rosindell following the latest incursion in Gibraltar waters, this time a Spanish Customs crew that actually fired shots to a British-Gibraltarian fishing cruise.

Saturday, August 29th 2015 - 05:36 UTC

Brazilian Senate confirms Petrobras investigation case Prosecutor

The Senate voted in favor of Janot's reappointment 59-12 after lawmakers questioned him for more than 10 hours about the investigation

Brazil's Senate confirmed the reappointment of Prosecutor General Rodrigo Janot, who is leading a massive corruption investigation that has put dozens of politicians under scrutiny for allegedly receiving kickbacks.

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