Politics

Politics
Thursday, July 17th 2014 - 05:49 UTC

Holdout funds claim in ads campaign that Argentina is choosing default scenario

The American Task Force Argentina has concentrated its fire on Economy minister Kicillof

The American Task Force Argentina (ATFA), the group the government of President Cristina Fernandez has officially accused of being funded by same holdout creditors suing Argentina over its defaulted bonds, has resumed its advertisement campaign against Buenos Aires now saying the Kirchner administration is actually “choosing” a default scenario.

Thursday, July 17th 2014 - 05:39 UTC

“K” economist claims holdout hedge funds are after Argentina’s shale resources

 Economist Agustín D’Atellis bashed ‘vulture funds’

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.

Thursday, July 17th 2014 - 05:24 UTC

Brazil’s main October presidential battle will take place in Sao Paulo

Challenger Neves and Dilma, who is seeking re-election, believe Sao Paulo’s voters are more up for grabs than they have been in decades

When opposition party Senator Aecio Neves officially kicked off his presidential campaign last week, he posted a video on Facebook calling for a “fairer, more efficient, and more generous Brazil”. However the word ‘efficient’ struck some as an odd rallying cry in a tropical country known for its, well, un-Swiss-like approach to time.

Wednesday, July 16th 2014 - 08:05 UTC

IBSA, as important if not more than BRICS for India

 PM Modi and president Dilma Rousseff during the BRICS summit in Fortaleza

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.

Wednesday, July 16th 2014 - 08:00 UTC

June inflation in Argentina reached 1.3% and 15% in the first half of 2014

Housing, basic services plus healthcare were the items with the highest rises

June inflation in Argentina reached 1.3%, accumulating 15% in the first six months of the year, according to a release from the country’s stats office Indec. The release also revealed the wholesale prices had increased 1.5% in June, while locally-made products saw rises of 1.5%.

Wednesday, July 16th 2014 - 07:53 UTC

Hammond pledges new relationship with EU, reflecting the concerns of the British people

 “I will work with the Prime Minister and Chancellor to negotiate significant reform in how the European Union works”

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”.

Wednesday, July 16th 2014 - 07:49 UTC

”The rescue of the euro was necessary but was weak on the social side”, admits Juncker

”My firm conviction is that we must move forward as a Union but not necessarily all at the same speed”, said the president of the EC.

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.

Wednesday, July 16th 2014 - 07:42 UTC

Malvinas: Argentine senator proposes shared sovereignty with Latam for 30 years

“We’re not going to get the Malvinas back with an annual claim presentation”, before C24 said Senator Cabral Arrechea

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.

Wednesday, July 16th 2014 - 01:10 UTC

BRICS sign deal to create development bank and an emergency reserve fund

The family picture of the group’s leaders with host Dilma Rousseff

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.

Wednesday, July 16th 2014 - 01:06 UTC

US economy recovering but “too many Americans remain unemployed”

“The recovery is not yet complete” Yellen told the semi-annual testimony before the Senate Banking Committee

The US economic recovery remains incomplete, with a still-ailing job market and stagnant wages justifying loose monetary policy for the foreseeable future, Federal Reserve Chair Janet Yellen told a Senate committee on Tuesday.

Advertisement

Get Email News Reports!

Get our news right on your inbox.
Subscribe Now!