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Current Edition
Friday, May 20th 2016 - 10:17 UTC

Trump ahead of Hillary in new polls, but both candidates have record negatives

The real-estate tycoon leads the former secretary of state, 42%- 37%, in a general-election presidential match-up, according to a Rasmussen poll released Thursday.

Donald Trump has pulled ahead of Hillary Clinton in two new polls, as Republicans begin to coalesce around him while Bernie Sanders keeps hammering fellow Democrat Clinton. The real-estate tycoon leads the former secretary of state, 42% to 37%, in a general-election presidential match-up, according to a Rasmussen poll released Thursday.

Friday, May 20th 2016 - 10:05 UTC

Macri in the threshold of a major political storm over a possible veto of a labor bill

 The veto of the bill is expected to be announced by Macri on Friday morning at a poultry complex which has received government support to ensure jobs.

Argentine president Mauricio Macri is expected to veto a controversial labor bill which was approved early Thursday after a marathon session in the Lower House of Congress. The bill passed with 147 votes in favor, 3 votes against it and 88 abstentions includes the declaration of the employment emergency during 180 days and a double compensation in the event of layoffs, for a period of six months.

Friday, May 20th 2016 - 06:48 UTC

Argentina reassures China bilateral cooperation remains a priority for the Macri administration

After a meeting with her Chinese counterpart Wang Yi, Argentine Foreign Minister Susana Malcorra said investment projects with China would go ahead.

Argentina on Thursday sought to reassure China that bilateral cooperation remained a priority for its new government amid growing concerns over political changes in the South American country. After a meeting with her Chinese counterpart Wang Yi, Argentine Foreign Minister Susana Malcorra said investment projects with China would go ahead.

Thursday, May 19th 2016 - 12:15 UTC

Monsanto threatens to leave Argentina on a seeds' inspection dispute

The US company issued a statement saying it was ‘disappointed‘that talks with the Argentine government had not yielded an agreement on the inspection issue.

The seeds' multinational Monsanto Co. said it would suspend future soybean technologies in Argentina, a move that could limit output of the country’s main cash crop, after a disagreement with the government over inspections of genetically modified soybeans.

Thursday, May 19th 2016 - 12:07 UTC

Brazilian Justice gives Rousseff ten days to reply the claims of “a coup”

Justice Rosa Weber follows a presentation by a group of lawmakers from the current wide ranging coalition that supports acting president Temer

Brazils Supreme Tribunal (STF) Justice Rosa Weber has given suspended president Dilma Rousseff ten days to explain her repeated statements that the impeachment process started against her is a “coup”. Rousseff is not obliged to respond. The STF decision follows a request from a group of lawmakers via the House's prosecution office.

Thursday, May 19th 2016 - 12:02 UTC

Minutes show Fed could be ready for an interest rate in June

The suggestion that a rate increase in June is firmly on the table suggests the Fed is closer to tightening monetary policy again

Federal Reserve officials consider the United States economy could be ready for another interest rate increase in June, according to the minutes from the central bank's April policy meeting released on Wednesday. Most participants in the policy-setting committee's April 26-27 meeting said they wanted to see signs that economic growth was picking up in the second quarter and that employment and inflation were firming, the minutes showed.

Thursday, May 19th 2016 - 11:57 UTC

Meirelles unveils a dark picture of Brazil's finances and insists of pensions reform

Meirelles said that he will have the final estimate of the primary deficit by Friday. On that date government has to issue a bimonthly report of state finances.

Brazil's fiscal deficit prior to debt interest payments could reach 150 billion Reais (US$42.10 billion) this year as revenues collapse amid a crippling recession economy, Finance Minister Henrique Meirelles warned on Wednesday. The deficit includes eventual losses from state electricity holding Eletrobras.

Thursday, May 19th 2016 - 08:32 UTC

Mujica says Maduro is “mad as a hatter” and everybody in Venezuela “have gone nuts”

Mujica said he respects the Venezuelan president but “this does not mean I can't say that he's mad, mad as a hatter”.

Uruguayan ex president Jose Mujica said on Wednesday that in Venezuela “everybody has gone nuts” and president Nicolas Maduro is “mad as a hatter”. The former leader was reacting to the controversy between his former foreign minister and now OAS secretary general, Luis Almagro and Maduro.

Thursday, May 19th 2016 - 08:14 UTC

Maduro prepared to escalate state of emergency following massive protests

“I will not hesitate if necessary to make such a decree to fight for the peace and security of this country,” pledged Maduro

Venezuelan President Nicolas Maduro said on Wednesday he was prepared to escalate a state of emergency imposed this week after opposition-led protests in the capital and other cities. Maduro told supporters he would give the order - which implies suspending laws and rights to maintain public order - if “violent” anti-government acts occurred.

Thursday, May 19th 2016 - 08:02 UTC

Lula's most trusted and closest political advisor sentenced to 23 years in prison

Dirceu was former President Lula da Silva's chief of staff from 2003 to 2005 before being forced to step down over a congressional vote-buying scheme.

A Brazilian federal judge on Wednesday sentenced Jose Dirceu, a former presidential chief of staff, to 23 years and three months in prison for his role in a massive corruption scheme centered on state-controlled oil company Petrobras. Judge Sergio Moro, who is spearheading the bribes-for-inflated contracts probe, found Dirceu guilty of accepting and paying bribes and money laundering.

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