International
InternationalCFK admits having to pay 300% profit on holdouts’ dollars, but never 1.680% as pretended
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.”
“K” economist claims holdout hedge funds are after Argentina’s shale resources
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.
Amazing new invention from UK business ready to save the Southern Ocean’s Albatross
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.
IBSA, as important if not more than BRICS for India
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.
Hammond pledges new relationship with EU, reflecting the concerns of the British people
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”.
”The rescue of the euro was necessary but was weak on the social side”, admits Juncker
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.
Malvinas: Argentine senator proposes shared sovereignty with Latam for 30 years
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.
BRICS sign deal to create development bank and an emergency reserve fund
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.
Euro-skeptic tainted cabinet with Philip Hammond as Foreign Secretary
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.
Putin and Rousseff discussed doubling bilateral trade ahead of BRICS summit
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.
