International

International
Thursday, July 17th 2014 - 07:14 UTC

CFK admits having to pay 300% profit on holdouts’ dollars, but never 1.680% as pretended

In an impassionate 26 minute speech the Argentine leader called for support in the battle with holdouts

Argentine President Cristina Fernández rejected on Wednesday the possibility of a new default during the UNASUR-BRICS meeting in Brasilia, highlighting Argentina is going to “keep on paying and honoring its debt,” while asking for support against the “so called vulture funds,” who are “pretending to collapse the Argentine debt restructuring.”

Thursday, July 17th 2014 - 05:39 UTC

“K” economist claims holdout hedge funds are after Argentina’s shale resources

 Economist Agustín D’Atellis bashed ‘vulture funds’

The holdout speculative funds or “vulture funds” are going after Argentina’s resource-rich Vaca Muerta region and are seeking to threaten the government with a “technical default” scenario, economist Agustín D’Atellis.

Wednesday, July 16th 2014 - 09:19 UTC

Amazing new invention from UK business ready to save the Southern Ocean’s Albatross

Dead black-browed Albatross in Uruguay fishery ( Credit M. Abreu, BirdLife International )

Globally, an albatross dies on a fishing hook every 5 seconds. Since working with Falklands Conservation from 1996-2005, biologist Becky Ingham has wanted to help prevent the decline of these iconic birds. The Hookpod is a clever new invention that catches fish, not birds and here Becky tells us how ot works.

Wednesday, July 16th 2014 - 08:05 UTC

IBSA, as important if not more than BRICS for India

 PM Modi and president Dilma Rousseff during the BRICS summit in Fortaleza

Prime Minister Narendra Modi is visiting Brazil to attend the Sixth BRICS summit in Brazil on 15-16 July. During his meeting with President Dilma Rouseff, PM Modi will review the bilateral relations with Brazil with which India is committed to a strategic partnership.

Wednesday, July 16th 2014 - 07:53 UTC

Hammond pledges new relationship with EU, reflecting the concerns of the British people

 “I will work with the Prime Minister and Chancellor to negotiate significant reform in how the European Union works”

Incoming Foreign Secretary Philip Hammond praised his predecessor and promised to lay the ground for “a new relationship between Britain and the EU; one that promotes our national interest and reflects the concerns of the British people”.

Wednesday, July 16th 2014 - 07:49 UTC

”The rescue of the euro was necessary but was weak on the social side”, admits Juncker

”My firm conviction is that we must move forward as a Union but not necessarily all at the same speed”, said the president of the EC.

Germany’s candidate, Luxembourg’s Jean-Claude Juncker was elected on Tuesday President of the European Commission by a strong majority of 422 votes in the European Parliament plenary session. After being proposed as candidate for Commission President by the European Council on 27 June 2014, Juncker needed a majority of 376 votes in the European Parliament.

Wednesday, July 16th 2014 - 07:42 UTC

Malvinas: Argentine senator proposes shared sovereignty with Latam for 30 years

“We’re not going to get the Malvinas back with an annual claim presentation”, before C24 said Senator Cabral Arrechea

An Argentine Senator has stated that the solution to the Falklands/Malvinas dispute is a period of shared sovereignty, with Latin American support and guarantees, before the Islands are finally handed over to Argentina.

Wednesday, July 16th 2014 - 01:10 UTC

BRICS sign deal to create development bank and an emergency reserve fund

The family picture of the group’s leaders with host Dilma Rousseff

The leaders of the group of five BRICS emerging market countries signed on Tuesday a deal to create a new development bank and an emergency reserve fund, Brazil's President Dilma Rousseff announced at a summit of the group in the Brazilian city of Fortaleza.

Wednesday, July 16th 2014 - 00:59 UTC

Euro-skeptic tainted cabinet with Philip Hammond as Foreign Secretary

The choice of Hammond sends a powerful signal to Britain's European allies

British Prime Minister David Cameron pushed through his biggest government shake-up since coming to power in 2010, promoting Euro-skeptics to senior roles ahead of a national election in May next year, among them former defense minister and prominent Euro-skeptic Philip Hammond.

Tuesday, July 15th 2014 - 07:19 UTC

Putin and Rousseff discussed doubling bilateral trade ahead of BRICS summit

The Russian president was received with full head of state honors by Rousseff at Planalto Palace in Brasilia

Brazilian president Dilma Rousseff and her Russian counterpart Vladimir Putin have restated their aim of doubling bilateral trade between the two nations to a value of 10 billion dollars a year, in a meeting held a day before the sixth summit of the BRICS group on Tuesday.

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