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.
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.
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.
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.
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.”
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.
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.
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.
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).
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.