Current Edition

Current Edition
Monday, October 27th 2014 - 06:57 UTC

Vazquez anticipates victory in November and pledges consensuses with other political forces

On Monday “we begin a new chapter in the struggle to reach the presidency”, said Vazquez to a massive crowd at a rally in downtown Montevideo.

Uruguay's ruling coalition Broad Front presidential candidate Tabare Vazquez underlined on Sunday night that his political force received the most votes and is in the “threshold” of again having a parliamentary majority; however he anticipated he was willing to work to reach consensuses in political and social issues with other parties or groupings.

Monday, October 27th 2014 - 06:46 UTC

Bordaberry pledges support for Lacalle Pou in the 30 November runoff

The Colorado party lider next to Lacalle Pou (L) announcing he would support the National party in the November runoff.

Pedro Bordaberry, the Colorado party presidential candidate who did not make it to the runoff in Uruguay's Sunday election, announced the country 'urgently needs changes' and in this new scenario National party candidate Luis Lacalle Pou is the option.

Monday, October 27th 2014 - 06:31 UTC

Uruguayan presidential run-off on 30 November; ruling coalition ruins pollsters forecasts

Vazquez performed better than expected and should have a much smoother run off 30 November

Uruguayan pollsters again seem to have missed their target regarding estimate results of Sunday's legislative and presidential elections: the ruling Broad Front coalition presidential candidate Tabare Vazquez took a strong lead in the exit polls, and although he will be forced to a run-off with runner up Luis Lacalle Pou as anticipated, the percentage numbers indicate he should be able to achieve a comfortable win at the end of November, contrary to what was forecasted.

Monday, October 27th 2014 - 02:08 UTC

Dilma with Lula da Silva's magic, re-elected in rich-poor divided Brazil

Rousseff owed her victory to overwhelming support from the roughly 40% of Brazilians who live in households earning less than 700 dollars a month.

Brazil's President Dilma Rousseff supported by the decisive campaigning of Lula da Silva, narrowly won re-election on Sunday after convincing voters that the record on poverty reduction in the last twelve years was more important than a recent economic slump.

Saturday, October 25th 2014 - 12:50 UTC

BP and GDF Suez announce discovery of new field in UK Central North Sea

The discovery has been called Marconi by GDF Suez subsidiary GDF Suez E&P UK, while BP has named it Vorlich ( Pic Thinkstock)

Oil firms BP and GDF Suez have announced the discovery of a new field in the UK Central North Sea. The find, which spans adjacent blocks operated separately by the two companies, has been flow-tested at a maximum rate of 5,350 barrels per day.

Saturday, October 25th 2014 - 10:53 UTC

Trekker technology captures imagery of Shackleton's South Georgia

The trek, part of the Trekker Loaner Program, was conducted by one Lindblad Expeditions' videographer, and yielded more than 10,000 panoramas

Trekker technology captures imagery of one of the most rarely-visited places on earth, South Georgia and the Falkland Islands, made famous by Sir Ernest Shackleton, one of the bravest and most remarkable explorers. It offers end users the literal experience of being an explorer by traveling to places where traditional vehicles – or they - cannot go.

Saturday, October 25th 2014 - 10:25 UTC

Uruguay's Sunday election and the ruling coalition furious internal dispute

Vazquez the charismatic leader capable of attracting independent and middle of the road votes

On Sunday 2.6 million Uruguayan registered voters will decide who will be their next president plus 30 Senators and 99 Lower House members. If no presidential candidate makes 50% of valid ballots plus one, the most probable result a run off takes place at the end of November between the two most voted candidates.

Saturday, October 25th 2014 - 10:09 UTC

Another hedge fund, Dart container, after Argentine assets to cash defaulted bonds

“EM now seeks an injunction from this court that is the same as the injunction that was issued in NML v. Argentina,” Dart’s hedge fund said

Billionaire Kenneth Dart’s EM Ltd. is seeking to take advantage of a U.S. court ruling won by fellow billionaire hedge fund manager Paul Singer NML Capital, as he seeks payment on 835 million dollars in defaulted Argentine bonds.

Saturday, October 25th 2014 - 10:02 UTC

Argentina's bonds dispute: Judge Griesa delays a week a Citigroup hearing

In a brief order Friday Griesa said the hearing, originally set for Dec. 2, will now take place Dec. 9.

U.S. District Judge Thomas Griesa has delayed by a week a December hearing to consider whether Citigroup Inc should be allowed to process an interest payment by Argentina on bonds issued under its local laws following its 2002 default.

Saturday, October 25th 2014 - 09:44 UTC

Cristina Fernandez challenged to show her law degree and Timerman described as a 'traitor'

“I demand that president Cristina Fernandez shows us her solicitor's degree, because she is a complete ignorant of law” said Professor Daniel Sabsay

A colloquium sponsored by an Argentine business grouping, IDEA, that has been critical of the government of Cristina Fernandez, but in a framework of moderation and self containment, turned into a students' open assembly when a constitutional law professor gave a speech on the rule of the law, called on President Cristina Fernandez to show her law degree and described minister Hector Timerman as a 'traitor' of the essence of Judaism for having reached an agreement with Iran.

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