Argentina’s international currency reserves rose above the landmark US$40 billion for the first time in three and a half years last Friday, as a huge inflow of dollars from government-issued debt and some exports over the last few days caused some dramatic increases this week. The milestone, according to Central Bank chief Federico Sturzenegger, was “a sign of growing investor confidence in the country.”
The fall in the pound has boosted trade in Gibraltar as neighbouring Spaniards flock to the Rock territory where their Euros buy them more, Chief Minister Fabian Picardo has said. Gibraltar’s stores and supermarkets are filled with Spanish people picking up their weekly shop.
The relation between the Catholic church and the administration of president Mauricio Macri is a mature relation and links are as they should be, and this is based on autonomy and cooperation which is good for both sides, according to Monsignor Jose Maria Arancedo, head of the Argentine Episcopal Conference, CEA.
The telecom-media giant that would be formed if United States federal regulators approve AT&T Inc’s US$85.4 billion purchase of Time Warner Inc raises antitrust issues, Democratic vice presidential candidate Tim Kaine and several U.S. lawmakers said on Sunday.
Venezuela's opposition-majority legislature declared on Sunday that President Nicolas Maduro's government had committed a coup d'etat by blocking a referendum on removing him from power, vowing mass protests and international pressure.
Spain’s conservative leader Mariano Rajoy was on course to secure a second term in power for his People’s Party (PP) on Sunday after his Socialist rivals agreed to abstain in a looming confidence vote, ending 10 months of political deadlock. Spain has been stuck in political limbo following national elections in December and June which left no single party with a majority, paralyzing institutions and threatening to derail an economic recovery.
Chile's conservatives snatched dozens of mayoralties on Sunday from the governing centre-left coalition, in a boost to former leader Sebastian Piñera, the front-runner to lead the conservative coalition in next year's presidential election.
Uruguay figures among the ten best national teams in the world according to the FIFA rating and has players in some of the top European teams, but back home things are quite different: a Sunday first league match was suspended at half time following shootings among hooligan gangs in one of the stadium's toilets, according to the first official reports.
Large banks are getting ready to relocate out of the UK early next year over fears around Brexit, the British Bankers' Association (BBA) has warned. Writing in The Observer its boss Anthony Browne also says smaller banks could move operations overseas by 2017.
The United Kingdom Defence Secretary Michael Fallon has announced that, to mark Trafalgar Day, Her Majesty the Queen has graciously approved that ‘Dreadnought’, one of the most famous names in the Royal Navy, will become the lead boat and class name for the Royal Navy’s new successor submarines.