Current Edition

Current Edition
Monday, March 23rd 2015 - 17:24 UTC

Release in twitter of Nisman's dead body photo further complicates the case

“As Cabinet Chief I have filed a report against Adrian Bastianes over the photos of Nisman,” Fernandez said to Rock Radio

Argentina's Cabinet Chief Anibal Fernández said on Sunday that he has filed an official complaint against attorney Adrian Bastianes, who posted on Twitter a photo of the dead body of AMIA special prosecutor Alberto Nisman, to the Federal Police.

Monday, March 23rd 2015 - 17:20 UTC

Griesa yields: allows Citibank to process interest payments of Argentine law bonds

“Griesa issued said he won’t prevent Citibank from fulfilling its obligations to process interest payments of Argentine law bonds,” Citibank Argentina reported

United States Judge Thomas Griesa finally authorized Citibank Argentina to process interest payments of bonds issued under Argentine law, with a payment deadline on March 31 and on June 30, and to exit its custody business in Argentina.

Monday, March 23rd 2015 - 17:13 UTC

Petrobras corruption scandal reaches New York court: banks will have to explain sale of bonds to US investors

 Itau and Bradesco were book runners on a number of Petrobras bond issues.

Fifteen banks will join Petrobras next week, April 3, in a New York court to explain how they did nothing wrong when selling 98 billion dollars worth of the Brazilian state oil company’s bonds to American investors. Of the 15, lawyers representing the investment banking divisions of Itau and Bradesco will appear before New York judge Jed Rakoff in hopes to escape the scandal.

Monday, March 23rd 2015 - 17:05 UTC

Petrobras suspends operations in major offshore rig for safety reasons

The P-58 is one of Petrobras' biggest-producing platforms in the Campos basin, a region off the coast of the southeastern state of Rio de Janeiro

Brazilian state-controlled oil giant Petrobras on Saturday said it has suspended operations at a major offshore platform, citing safety concerns. The P-58 platform, which extracts 106,000 barrels per day, was taken out of service for unscheduled maintenance and to improve its operational efficiency, the company said in a statement Friday.

Monday, March 23rd 2015 - 11:58 UTC

Falklands resurges in controversy over Russian annexation of Crimea

“Attention London: Crimea has far more reason to be in Russia than the Falklands have to be part of Great Britain,” said Alexei Pushkov

Russia has more claim to Crimea than Britain has to the Falkland Islands, a senior Russian lawmaker insisted Sunday as London again denounced Moscow's “illegal annexation” of the peninsula.

Saturday, March 21st 2015 - 06:56 UTC

Argentina's current account deficit widened to 5.07bn in 2014

The Economy Ministry said Argentina posted a 6.42bn surplus on trade and services, but that the total outflow of income was 11.40bn. The sum in 2013 was 4.7bn.

Argentina’s current account deficit widened 7.9% to 5.07 billion dollars in 2014 as Latin America’s third-biggest economy eked out meager 0.5% growth, official data showed. Exports fell 11.9% from 2013 to 71.94bn, hurt by low international prices for Argentine soy, wheat and corn as well as weakened demand in key trading partner Brazil, where economic growth is also stagnant.

Saturday, March 21st 2015 - 06:43 UTC

Brazilian prosecutors call for tougher prison sentences and legal power to crack down corruption

The 'Car Wash' case has angered Brazil but it has not reduced corruption or impunity in the country,” said the lead prosecutor in the probe, Deltan Dallagnol.

Prosecutors who uncovered Brazil's biggest corruption case called for tougher prison sentences and more legal powers to crack down on rampant graft that costs taxpayers more than the annual budget for education and health.

Saturday, March 21st 2015 - 06:36 UTC

Brazilian museum receives 139 works of art seized from Petrobras corruption scandal

Local media reported that the majority of artwork was seized from Petrobras’ former director of services Renato Duque, who was arrested Monday.

A Brazilian museum received 139 works of art, including a painting by Joan Miro, seized from individuals involved in the corruption scandal rocking state oil giant Petrobras. Works by Brazilian artists Djanira and Heitor dos Prazeres were among the trove that police delivered to the Oscar Niemeyer Museum in the city of Curitiba.

Saturday, March 21st 2015 - 06:20 UTC

Argentine police discover 15 kilos of pure cocaine in the 'Splendour of the Seas'

Two crew members were detained as they tried to board Splendour of the Seas with packets of cocaine taped to their bodies, Argentina’s AFIP tax agency said

Argentine customs officials seized cocaine worth more than one million dollars million from two crew members on a luxury cruise ship docked in Buenos Aires, authorities said. The suspects, both men, were identified only as a Croatian national and a Chilean traveling on an Australian passport.

Saturday, March 21st 2015 - 06:07 UTC

FIFA confirms Nov/Dec for 2022 Qatar World Cup and compensation to clubs

“...yes, we are going to play in November and December and, yes, the final is going to be played on Dec. 18” De Gregorio announced

FIFA has ended more than four years of uncertainty over the timing of the 2022 World Cup in Qatar by announcing that it would be played in November and December with the final on December 18. It also anticipated that it will release funds to clubs for release of players.

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