The US Supreme Court gave hedge funds another month to present their reply following on the request from the Argentine government to review the sentence handed down by Judge Thomas Griesa and partially supported by the Appeals Court.
Uruguay is not expensive, ‘it has become extremely expensive” with construction costs that are double those of Argentina, claimed Eduardo Constantini, an Argentine business man with strong investments in Uruguay, the latest of which building 500 summer houses along the eastern coast.
The Group of 20 nations pledged to put growth before austerity, seeking to revive a global economy that remains too weak and adjusting stimulus policies with care so that recovery is not derailed by volatile financial markets.
The G20 group of countries has officially supported plans to fight against international tax evasion by multinational companies. In a statement, the G20 countries agreed to exchange tax information and support the Organization for Economic Cooperation and Development (OECD) in its plans to prevent multinational companies from avoiding tax by moving their profits across borders.
Chinese authorities have given the banking industry greater freedom by allowing banks to set their own lending rates. Previously they were not allowed to lend at rates below a certain level set by the People's Bank of China (PBOC).
Paraguay’s plants and seeds sanitary office, SENAVE, has reported 63 outbreaks of ‘greening’ or HLB in citrus groves and further admits that the geographical dissemination state of the bacterial canker disease is in “an advanced stage” despite all institutional efforts.
The concept of an easier care animal is not new – as SIG, a group of eight sheep farmers developing Sheep Improved Genetics, are the first to admit. But after years of breeding sheep through genetics, not cosmetics, the Exlana breeders say they have bred the ultimate animal.
FIFA has released the price list for tickets to the 2014 World Cup to be held in Brazil. Fans have until 10 October to apply and a ballot will decide which of the applications are successful.
The IMF decision to side with Argentina in its dispute with the US hedge funds has triggered strong criticism in the UK and the issue was brought up in Parliament, according to a piece in the Daily and Sunday Express under the heading: “The British cash cow: Fury as UK money helps Argentina fight £66bn debt”.
A group of Argentine sovereign defaulted bond-holders have blasted the IMF for its announced intention of filing an amicus brief in support of Argentina before the US courts stating that “there is no role for direct involvement by the IMF in this matter” and any intervention by the IMF “favouring Argentina's request would also clearly violate the Fund's strict commitment to neutrality”.