Current Edition

Current Edition
Thursday, September 22nd 2016 - 15:38 UTC

Ex finance minister of Lula and Rousseff arrested in connection to Petrobras corruption

Mantega was arrested at a Sao Paulo hospital where his wife had undergone surgery, his lawyer Jose Roberto Batochio told the G1 online news outlet.

Brazilian police on Thursday arrested Guido Mantega, a former finance minister under presidents Lula da Silva and Dilma Rousseff, as part of the investigation into the vast Petrobras corruption scheme, media reported.However Brazilian Judge Sergio Moro later in the day revoked the temporary detention order citing Mantega's cooperation with a search of his home and his wife's surgery in a Sao Paulo hospital.

Thursday, September 22nd 2016 - 10:46 UTC

Aerolineas Argentinas could become profitable in four years time

Aerolineas have cut non operational costs and increased revenue in the last nine months, but losses this year could reach a billion dollars

Aerolineas Argentinas CEO revealed that the flag-carrier is increasing passenger numbers and could become profitable in four years but losses keep piling, an estimated one billion dollars this year, which comes upon a one to two million dollars daily losses during most of the decade.

Thursday, September 22nd 2016 - 10:34 UTC

Oxford leads world university rankings; 15 out of 20 top list are from US

Editor of the rankings Phil Baty said it was “fantastic news” Oxford had come top, but the UK's vote to leave the European Union was a big threat to the sector.

Oxford University has come top of The Times Higher Education world university rankings - a first for a UK university. Oxford knocks California Institute of Technology, the top performer for the past five years, into second place. But there are warnings the vote to leave the European Union could destabilize UK higher education and hinder work with academics abroad.

Thursday, September 22nd 2016 - 10:24 UTC

Latin American Jewish congress express ''enthusiastic support” for president Macri

“We expressed our most enthusiastic support for president Macri and his administration” said Adrian Werthein, Latin-American Jewish Congress chief

The Latin-American Jewish Congress expressed its most “enthusiast support” to Argentine president Mauricio Macri and his administration but also pointed out that in his Tuesday speech before the UN General Assembly there was no specific request for Iran to collaborate with the investigation of the 1994 terrorist attack against AMIA in Buenos Aires.

Thursday, September 22nd 2016 - 07:15 UTC

Macri downplays chat with May, “it was no formal meeting”, just “a nice gesture from the prime minister”

“You can't convert a chat of less than a minute in an official encounter”, Macri told the Argentine media and insisted it was “essential to lower the level of anxiety”

Argentine president Mauricio Macri on Wednesday downplayed the chat with PM Theresa May on Tuesday at the UN banquet in New York saying it was “no formal or official meeting”, but nevertheless underlined the “good predisposition” for dialogue which Argentina had lost during the last twelve years and anticipated that the Falklands/Malvinas Islands question “will demand many years”.

Thursday, September 22nd 2016 - 06:51 UTC

Argentina “is not surrendering Malvinas”; Macri/May greeting was “a brief casual encounter”

Foreign minister Malcorra said that Argentina is “not surrendering the Malvinas Islands”

Foreign minister Susana Malcorra said that Argentina is “not surrendering the Malvinas Islands” and explained that Tuesday's exchange between president Mauricio Macri and Prime minister Theresa May in New York, in the framework of the UN annual assembly was “a brief casual encounter”.

Thursday, September 22nd 2016 - 06:27 UTC

Argentine congress will be part of the Argentina/UK joint statement discussions

“I support Macrí's UN speech on Malvinas and also have a great respect for minister Malcorra, but officials must also learn to respect Congress”, said Carrió

The chair of Argentina's Lower House Foreign Affairs Committee Elisa Carrió has supported president Mauricio Macri's “nonnegotiable” stance on the Falklands/Malvinas sovereignty dispute and attributed the Argentina/UK joint statement controversy to “minor questions of communication”, nevertheless she summoned deputy foreign minister Carlos Foradori to Congress next Wednesday.

Wednesday, September 21st 2016 - 21:53 UTC

Divided Fed leaves interest rates unchanged; strong hints of a December increase

The case for an increase in the federal funds rate has strengthened but decided, for the time being, to wait for further evidence, said chair Janet Yellen.

The United States Federal Reserve pushed back plans to raise interest rates on Wednesday, a widely expected move following a series of mixed economic reports and varied signals from Fed officials. After its two-day policy meeting, the Federal Open Market Committee voted to hold the federal funds rate between 0.25% and 0.50%, citing progress in economic and labor market growth and an improving risk outlook.

Wednesday, September 21st 2016 - 09:42 UTC

Lula must stand trial on Petrobras probe corruption charges

Judge Sergio Mora said that federal prosecutors showed “just cause” to allow the charges against Lula, his wife, and six other defendants to go forward.

The Brazilian judge overseeing the investigation of a US$2 billion corruption scheme centered on state oil company Petrobras ruled Tuesday that former President Luiz Inacio Lula da Silva must stand trial on charges arising from the probe.

Wednesday, September 21st 2016 - 09:37 UTC

Non communicable diseases make poverty even worse, Uruguayan president tells UN

These diseases are related to four risk factors of modern lifestyle: smoking, alcoholism, unhealthy diet and sedentary lifestyle, said President Tabaré Vázquez

Addressing the United Nations General Assembly, Uruguay’s President Tabare Vazquez on Tuesday warned against non-communicable diseases, such as cardiovascular ailments, cancer, diabetes and chronic pulmonary pathologies, which he said are the main causes of death particularly in low- and middle-income countries.

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