Politics

Politics
Friday, October 10th 2014 - 05:14 UTC

French writer Modiano Nobel Literature Prize for his “art of memory”

“It seems a bit unreal to me to be compared to other people I admired,” he said, referring to other French authors such as Camus who won the Nobel in 1957.

France's Patrick Modiano won the Nobel Literature Prize on Thursday for his enigmatic novels rooted in the trauma of the Nazi occupation and his own loveless childhood.

Friday, October 10th 2014 - 04:47 UTC

Damon Albarn apologizes to Argentina for Top Gear's offensive behavior

The English singer-musician was cheered by his audience in Buenos Aires

Damon Albarn has apologized to the people of Argentina after Top Gear offended the population with an inappropriate number plate while filming their BBC show in the country. In effect during his set at one Buenos Aires main theatres this week the Blur front-man called To Gear's Jeremy Clarkson a “f****** a*****” over the serious gaffe.

Thursday, October 9th 2014 - 10:36 UTC

YPF goes overseas: signs agreement with Ecuador to recover mature fields

CEO Galuccio said the Petroamazonas project is part of YPF's strategy to diversify overseas and become a top league player in the region's oil industry

Argentina's state-run energy company YPF closed on Wednesday an agreement with Ecuador's state-owned company Petroamazonas for the enhanced recovery of the mature field of El Campo Yuralpa which will demand an investment in the range of 170 million dollars.

Thursday, October 9th 2014 - 08:28 UTC

Brazil's Socialist party announces support for Neves on 26 October runoff

“I have become the candidate of change,” Neves said at the PSB's headquarters in Brasilia, where he paid homage to the party's late leader Campos.

The political party that launched environmentalist Marina Silva's unsuccessful presidential bid has thrown its support behind pro-business candidate Aecio Neves for Brazil's Oct. 26 runoff vote against populist President Dilma Rousseff.

Thursday, October 9th 2014 - 08:23 UTC

“Holdouts” reveal alleged money laundering operations of business people close to Cristina Fernandez

Lazaro Baez is a public works contractor in the southern province of Santa Cruz, political turf of the Kirchner couple

The American Task Force (AFTA) sponsored by 'holdouts' NML in litigation with Argentina over sovereign bonds payment, revealed on Wednesday foreign accounts of Argentine public works contractor, believed to be involved with the Kirchner family businesses, Lazaro Baez, and showed a map with the money movement, allegedly committing the crime of money laundering.

Thursday, October 9th 2014 - 08:14 UTC

A blow for Dilma: Brazil's September inflation at its highest in three years

Food prices rose 0.78% after declining for three months in a row. Meat prices rose sharply after Russia stepped up imports of beef, chicken and pork.

Brazil's annual inflation rate in September rose way above the official target to the highest in nearly three years, giving fresh ammunition to opposition candidate Aecio Neves in a run-off vote later this month against President Dilma Rousseff.

Thursday, October 9th 2014 - 08:04 UTC

Colombia and Panama in retaliatory clash over tax haven controversy

Colombia's government on Wednesday declared Panama to be a tax haven after it failed to meet a deadline for signing a fiscal information exchange agreement

Panama on Wednesday rejected its inclusion on Colombia's list of tax havens and said it will take retaliatory action against its neighbor. Panama has “a competitive and sound tax system, and therefore the national government categorically rejects any tax-haven designation,” the Central American nation's Foreign Ministry said in a statement.

Thursday, October 9th 2014 - 07:59 UTC

OAS Electoral observation mission in Bolivia for Sunday's election

The mission with a staff of 63 is headed by former Guatemalan president Alvaro Colom

Former Guatemalan president Alvaro Colom has arrived in La Paz as Chief of the Electoral Observation Mission from the Organization of American States (OAS/EOM) to head the group of 63 people who will observe Bolivian general elections of 12 October.

Thursday, October 9th 2014 - 07:44 UTC

HMS Iron Duke and Ice Patrol HMS Protector coincide in South Georgia

Frigate HMS Iron Duke will be patrolling the area including a call at the Falklands

The Royal Navy HMS Iron Duke on Atlantic Patrol Tasking south berthed this week in South Georgia for a few days where she also met with Ice Patrol HMS Protector which arrived at the islands on her deployment to Antarctica, after battling hurricane force winds and 24 meters waves.

Thursday, October 9th 2014 - 07:17 UTC

“Easy money” will be around for some time still, say Fed's minutes

Fed chair Yellen has sought to reassure markets that any rate rise will be data dependent: when US economic growth and employment improve substantially

US markets rose sharply after minutes from the September meeting of the Federal Reserve were released. The transcript indicated that US central bankers were wary of raising rates too soon. Officials were worried markets were too focused on a rate rise happening during a specific period of time.

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