International

International
Friday, August 15th 2014 - 07:13 UTC

Cristina Fernandez will use anti-terrorism law against US company that closed its Argentine plant

“We are facing a real case of fraudulent behavior and an attempt to intimidate the population,” said Cristina Fernandez in a speech at Government House.

Argentina's government will use an anti-terrorism law for the first time to seek criminal charges against a U.S.-based international printing firm which closed its Argentine plant without warning, president Cristina Fernández said on Thursday. She linked the company to some of the hedge funds in litigation with Argentina over defaulted bonds.

Friday, August 15th 2014 - 06:51 UTC

Auction 21 August to settle (and possible payout) of Argentina's defaulted swaps

Argentina's securities regulator requested information from its US counterpart, regarding potential use of privileged information by Elliott to force the default

The International Swaps and Derivatives Association (ISDA) will hold an auction on August 21 to settle Argentina’s default swaps. The auction, run by Creditex and Markit, will determine the payout that holders of protection on Argentine debt (CDS) will receive as a result of the default on July 30.

Friday, August 15th 2014 - 06:34 UTC

Mujica, Latin America's most original leader according to The Economist

As president he has kept the mainly free-market economic policy, has respected media freedom and judicial independence

Under the heading of “The sage of Montevideo”, The Economist visited the Uruguayan president at his farmhouse in the outskirts of Montevideo where they had a long chat.

Friday, August 15th 2014 - 02:21 UTC

Last minute decision saved Marina Silva from travelling with Campos

Marina's conservationist advocacy has earned the wrath of Brazil’s agribusiness, but she also appeals to conservative voters with her defense of family values

Environmental activist and politician Marina Silva could have been on the plane that crashed on Wednesday and killed presidential candidate Eduardo Campos and six other occupants.

Friday, August 15th 2014 - 02:18 UTC

WHO downplays panic: air travel is low-risk for Ebola transmission

”Unlike infections such as influenza or tuberculosis, Ebola is not airborne,” says Dr Isabelle Nuttall, Director of WHO Global Capacity Alert and Response.

The World Health Organization reiterated its position that the risk of transmission of Ebola virus disease during air travel remains low. “Unlike infections such as influenza or tuberculosis, Ebola is not airborne,” says Dr Isabelle Nuttall, Director of WHO Global Capacity Alert and Response. “It can only be transmitted by direct contact with the body fluids of a person who is sick with the disease.”

Friday, August 15th 2014 - 02:15 UTC

Unasur Montevideo summit planned for next week, suspended until October

At the summit Surinam will hand over the pro tempore presidency to Uruguay and Ernesto Samper is to be confirmed as next Secretary General

A planned presidential summit between the heads of state of the Union of South American Nations (Unasur) has been suspended due to scheduling conflicts amongst member countries, according to the Uruguayan Foreign Ministry.

Thursday, August 14th 2014 - 14:48 UTC

Glasgow shipyard awarded contract for Royal Navy's offshore patrol vessels

Royal Navy’s current River Class vessels will be improved so that Merlin helicopters can operate

The offshore patrol vessels (OPVs), which will be used by the Royal Navy to undertake various tasks in support of UK interests both at home and abroad, will be built at BAE Systems’ shipyards in Glasgow.

Wednesday, August 13th 2014 - 22:12 UTC

Galicia closes a third of mussel polygons because of resurgent bio-toxic red tide

Mussel farms are a common sight along the Galician coast

The Xunta of Galicia in the northwest of Spain banned the extraction of mussels in 18 of the 55 floating nurseries of the autonomous region, that is to say, in 32% of the total capacity because of the presence of lipophilic biotoxin.

Wednesday, August 13th 2014 - 07:09 UTC

Brazil admits EU/Mercosur deal stalled because of European concerns about agriculture

“They are reluctant to open their markets for our agriculture, and we also have our own concerns about jeopardizing our industry”, said ambassador Mesquita

Brazil's agricultural competitiveness is a concern to countries and trade blocks negotiating agreements with Brazil, according to ambassador Paulo Estivallet de Mesquita, head of the Economics Department of the country's Ministry of Foreign Relations (MRE).

Wednesday, August 13th 2014 - 06:41 UTC

Philip Morris prepared to sue the UK over plain packaging of cigarettes

Australia and Uruguay are already being challenged by PM over similar situations.

Philip Morris International, the world's largest tobacco company, is prepared to sue the British government should it implement a law requiring plain packaging of cigarettes, a document showed.

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