Latin America

Latin America
Wednesday, February 10th 2016 - 07:24 UTC

Argentina still has uphill battle with holdouts: a stay of pari-passu is next round

Recently elected President Macri has taken a more conciliatory approach to the litigant funds, because of the need to regain access to vital hard currency funding.

While investors cheered progress on last week's arduous negotiations in New York between Argentine government officials and litigant investors, the administration of president Mauricio Macri still faces an uphill battle as it works to bring other holdouts on board.

Wednesday, February 10th 2016 - 07:10 UTC

Three letters from Macri to Ban Ki-moon; possible summit with Obama in New York

In one of the letters president Macri confirms he will be at the United Nations on 22 April for the signature of the Paris agreement on climate change.

Argentina's foreign minister Susana Malcorra met on Tuesday in New York with United Nations Secretary General Ban Ki-moon and delivered three letters from president Mauricio Macri.

Wednesday, February 10th 2016 - 07:08 UTC

London's position on Falklands 'unchanged', says UK ambassador in Spain

“Our position regarding the (Falkland) Islands is very well known and is not going to change,” Manley said on Monday in conversation with the Spanish news agency.

The United Kingdom will not change current policy on the Falkland/Malvinas Islands, according to the UK Ambassador to Spain Simon J. Manley, confirming London's stance on the Islands sovereignty.

Wednesday, February 10th 2016 - 02:33 UTC

Falklands: Back to the future, why the 'new approach' from Argentina is completely missing the point

“We are not a commodity to be traded between two nations; we are a people, we have a home, and we have the universally-recognised human right to determine our own political future”.

By the Honourable Mike Summers, OBE (*) - Over the weekend of the 6th and 7th February, the press in Argentina reported that the Government of Argentina (GoA) was going to change its approach to its treatment of the Falkland Islands, its relationship with the United Kingdom and how it intends to “resolve the Falklands question”

Saturday, February 6th 2016 - 05:33 UTC

Africa's decisive 54 votes pledged to Sheikh Salam's bid for FIFA presidency

CAF ExCo urged all 54 member associations  to reserve their votes for Shaikh Salman Bin Ibrahim Al Khalifa during the Feb elections for FIFA  presidency

The Confederation of African Football (CAF) is backing Sheikh Salman in the Bahraini royal’s bid to replace Sepp Blatter as FIFA president. Africa’s 54 members represent a large portion of the total of 209 FIFA voters who are eligible to cast a ballot. Not surprisingly, it’s believed that the candidate who gets the support of Africa will be a big favorite.

Thursday, February 4th 2016 - 07:59 UTC

Santos at the White House will ask for help to implement Colombia's peace accord

“Part of the conversation with President Obama is how can they help us in the post-conflict,” Colombian president Santos told a BBC interview.

Colombia's President Juan Manuel Santos has said he will ask President Obama to help implement a peace accord that his government expects to sign with the Farc rebel group next month. The two presidents will meet at the White House on Thursday.

Tuesday, February 2nd 2016 - 12:07 UTC

Havana Club rum war: Bacardi appeals US decision to let Cuba have the trademark

That green light, granted by the U.S. Patent and Trademark Office, is illegal, Bacardi said in the latest salvo of a long-running legal battle that goes back to 1959.

Bacardi filed suit on Monday against the United States demanding an explanation of its decision to let Cuba sell Havana Club rum in the United States once the U.S. trade embargo against the Castro brothers' island is lifted.

Tuesday, February 2nd 2016 - 06:05 UTC

Zika virus declared an international public health emergency

Director-General Margaret Chan said on Monday coordinated international action was needed to improve detection and speed work on a vaccine

The World Health Organization has declared the mosquito-borne Zika virus to be an international public health emergency due to its link to thousands of suspected cases of birth defects in Brazil.

Tuesday, February 2nd 2016 - 05:49 UTC

FARC will enter politics once peace deal is signed, announces top guerrilla leader

“We will be in politics without arms,” FARC leader Rodrigo Londoño , known by his nom de guerre “Timochenko” or “Timoleón Jiménez,” said in a rare interview

Colombia’s FARC rebel guerrillas will enter politics and seek alliances with other parties after it signs a peace deal with the government, its secretive leader said, despite rebel fears they may be targeted by right-wing armed groups..

Tuesday, February 2nd 2016 - 05:42 UTC

Zika cancellations to be waived by cruise lines in the Caribbean

Carnival Cruise Lines said it will allow pregnant women on sailings that include  destinations impacted by the virus to switch to an itinerary to an unaffected area.

Cruise lines have followed the lead of major airlines and begun waiving cancellation penalties for some customers booked on voyages to the Caribbean and other destinations affected by the fast-spreading Zika virus.

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