Current Edition

Current Edition
Thursday, April 16th 2015 - 08:07 UTC

Petrobras corruption probe encroaching President Rousseff; party's treasurer arrested

The arrested ruling Workers Party treasurer, Vaccari Neto, has been charged with receiving “irregular donations” for the party, from Petrobras contractors

A widening investigation into alleged corruption at Brazil’s state-controlled oil giant Petrobras took a step closer to President Dilma Rousseff on Wednesday when police arrested the ruling party’s treasurer, João Vaccari Neto, who has been charged with receiving “irregular donations” for the Workers’ Party, or PT, from some of the oil company’s suppliers.

Thursday, April 16th 2015 - 02:22 UTC

Falklands people's “democratic rights” will be upheld, pledges Tories' manifesto

PM Cameron at the presentation of the Conservative party's manifesto ahead of May 7 general election

With less than a month to UK's election the Conservative party released its manifesto which explicitly declares that a Tory government “will uphold the democratic rights of the people of Gibraltar and the Falkland Islands to remain British, for as long as that is their wish, and protect our Overseas Territories”.

Wednesday, April 15th 2015 - 08:57 UTC

St. Helena prepares for airport opening with boutique hotel and South African airline

A view of Jamestown which expects an economic boost once the airport begins receiving air traffic from South Africa and hopefully an influx of tourists

Two South African companies, Mantis in the hotel business and Comair airline, will be playing a vital role in developing St Helena's economy through increased communications and the tourist industry, once the international airport is opened next February, according to the latest news from the British Overseas Territory in mid South Atlantic.

Wednesday, April 15th 2015 - 08:43 UTC

Maximo Kirchner 'ripe' to run for an elected post, says Argentine cabinet chief

”All the elements are ripe for Maximo to be (a candidate in the province of Buenos Aires),” said Anibal Fernández

Argentina's cabinet chief Anibal Fernandez said on Tuesday he was convinced that Maximo Kirchner, the son of president Cristina Fernandez de Kirchner, would run for an elected post representing the province of Buenos Aires in the coming general elections of next October.

Wednesday, April 15th 2015 - 08:28 UTC

Nisman mother's home raided by police; Argentine government again blasts prosecutor's former wife

Homicide officers spent two hours at Sara Garfunkel's home searching for a safe in the apartment and also storage units in the building's basement.

The game of interests surrounding the investigation of Argentine special prosecutor Alberto Nisman death escalated on Tuesday when police raided the home of the deceased's mother, and cabinet chief Anibal Fernández accused Nisman's former wife of putting 'obstacles' into the probe and suggesting insurance claims could be involved in her actions.

Wednesday, April 15th 2015 - 08:19 UTC

Turkey warns Pope Francis not to repeat the 'mistake' of using 'genocide' for mass killings of Armenians

“Whenever politicians, religious functionaries assume the duties of historians, then delirium comes out, not fact”, said Turkish President Recep Tayyip Erdogan

Turkish President Recep Tayyip Erdoğan has condemned Pope Francis, warning him to not repeat the “mistake” of describing the mass killings of Ottoman Armenians as “genocide.”

Wednesday, April 15th 2015 - 08:01 UTC

An Apple iPad from Pope Francis fetched 30.500 dollars at auction in Uruguay

The iPad carries the inscription “His Holiness Francisco. Servizio Internet Vatican, March 2013,” with a certificate signed by the Pope's personal secretary

An Apple iPad which belonged to Pope Francis has fetched 30,500 dollars at auction, with proceeds going to a school in a poor neighborhood in Uruguay, the local auction house selling the item said.

Wednesday, April 15th 2015 - 07:53 UTC

IMF estimates Argentine economy will contract 0.3% this year and expand 0.1% in 2016

Argentina's prospects have improved compared to October IMF estimates, as consequence of the “restraint in the balance of payments pressures.”

The International Monetary Fund, IMF, cut its growth estimates for Argentina for this year forecasting a 0.3% contraction followed by a shy recovery of 0.1% in 2016, the first post-Kirchner year. The data is from the IMF World Economic Outlook released on Tuesday in Washington.

Wednesday, April 15th 2015 - 07:46 UTC

Brazil's economy expected to contract 1% as challenges remain unaddressed, says IMF report

“Private sector sentiment remains stubbornly weak because of unaddressed competitiveness challenges and the fallout from Petrobras investigation”

The International Monetary Fund expects Brazil's economy to contract by one percent this year, it said Tuesday, slashing its previous forecast of 0.3% growth. The world's seventh-largest economy is being hit by inflation, private-sector doldrums and a massive corruption scandal at state oil giant Petrobras, the IMF said in its latest forecast.

Wednesday, April 15th 2015 - 07:37 UTC

Brazil raises estimates of corn and soybean harvests, helped by late rainfall

While early-sown soybeans were hit by a “scarcity of rainfall”, precipitation arrived in time for the flowering and grain-filling period for later planted crop.

Brazil raised estimates for both its corn and soybean harvests, citing rains which had come in time to boost yields of later planted crops, besides boosting expectations for safrinha corn. The official Conab crop bureau lifted by 1.0m tons to 94.3m tons its estimate for Brazil's soybean production in 2014-15, as late rainfall helped results “surprise positively” in particular in central areas.

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