International

International
Monday, April 13th 2015 - 07:38 UTC

French magistrates order HSBC to post a 1bn Euro bail to cover potential fine

HSBC’s Swiss bank is under investigation in several countries after leaked documents suggest it hid millions of dollars helping wealthy people dodge taxes.

French judges have ordered HSBC Holdings to post a one-billion Euro bail to cover a potential fine after the bank was put under formal criminal investigation over allegations it helped customers dodge their taxes.

Sunday, April 12th 2015 - 10:48 UTC

Pope Francis appeals to Americas Summit for better distribution of riches

In emerging economies, much of the population has not benefited from general economic progress. ”a gap bigger and bigger between the rich and the poor has been opened”

In a message addressed to the President of Panama Juan Carlos Varela, Pope Francis urged leaders attending the OAS Americas' Summit to strengthen efforts against inequality which he considered a “source for conflicts.”

Sunday, April 12th 2015 - 08:55 UTC

Obama praised the 'new beginning' in the bilateral relation with Cuba

The political “shift” represents as well an opportunity of more investments, more trade and cultural exchange for the Caribbean nation, said Obama.

United States President Barack Obama addressed American leaders in the meeting currently taking place in the City of Panama praising the diplomatic rapprochement between Washington and Cuba which he called “a new beginning” in the bilateral relation.

Sunday, April 12th 2015 - 08:22 UTC

Falklands 'raided' by British Special Forces to test the garrison's security, says UK media

According to the Sunday Express, the surprise attack involved members of the Special Boat Service who landed from the sea tasked with capturing key strategic targets

British Special forces have carried a raid on the Falkland Islands to test the garrison's security amid fears that Argentina may try to land commandos on the Islands, according to a piece published in the Sunday Express. Apparently such routine exercises are carried out in UK highly sensitive bases and defense compounds.

Sunday, April 12th 2015 - 07:36 UTC

Argentina's message to UK and US: “utterly ridiculous considering any regional country a threat.”

“I will not appeal to sovereignty. I will appeal to common sense. It is absolutely ridiculous considering any of us (regional countries) a threat.”

Addressing the Americas summit in Panama, Argentine president Cristina Fernandez strongly criticized United States policies towards the hemisphere, particularly Venezuela, and expressed 'surprise' at the parallelism between the Caracas/Washington current dispute and the latest round of Falklands' exchanges between London and her government. President Barack Obama was not present during the Argentine leader's speech on Saturday.

Saturday, April 11th 2015 - 14:27 UTC

Seizure of YPF faces litigation from two Spanish companies demanding compensation

The two Spanish firms are in the process of liquidation after filing in 2012 for  bankruptcy protection; Burford, Prospect Investments, won rights to begin legal proceedings.

Argentina has been sued in a US district court in New York in connection with its nationalization of oil giant YPF in 2012, according to court documents. The plaintiffs are two Spanish firms, and they are represented by a US law firm Burford Capital.

Saturday, April 11th 2015 - 06:45 UTC

Falklands: Ambassador Castro refers ironically to Foreign Office summons

“It is pretty much unbelievable that they (FCO) should complain when they have been failing to abide by international law for 50 years,” said Ms Castro

Argentine ambassador in London, Alicia Castro complained about being summoned to the Foreign Office over the Falklands/Malvinas Islands dispute revealing she asked the British official if it was “an expression of British humor or a political paradox”, since the UK has failed to comply with international law for the last five decades.

Saturday, April 11th 2015 - 05:45 UTC

'Malvinas', center piece of Cristina Fernandez speech at Panama summit

 'Militarization' of the Falklands and UK alleged spying on Argentina, will have priority in the Argentine leader's speech, anticipate Buenos Aires sources

Argentine President Cristina Fernandez is attending the VII Summit of the Americas in Panama City where she is expected on Saturday to strongly criticize the United Kingdom over the 'militarization' of the Falklands/Malvinas and revelations of massive espionage of Argentina by London.

Saturday, April 11th 2015 - 05:38 UTC

Uruguayan president meets Obama; UNHCR will provide Guantanamo detainees with homes

Vazquez, Obama and Costa Rica's president Solis during the meeting with social activists and civil leaders

The United Nations refugee agency, UNHCR, will provide homes to six former detainees of the US military prison in Guantanamo who have struggled to resettle in Uruguay, the country`s President said on Friday.

Friday, April 10th 2015 - 07:14 UTC

Cuba and US hold historic meeting at highest level in Panama

Few details have emerged from the meeting between Kerry and Rodriguez. The last comparable event was in 1959, between Fidel Castro and  Richard Nixon.

US Secretary of State John Kerry and Cuban Foreign Minister Bruno Rodriguez have held talks, in the highest level meeting between the two countries in more than half a century. The two were involved in closed-door discussions after arriving in Panama for a summit.

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