Politics

Politics
Monday, August 3rd 2015 - 08:28 UTC

Argentina and Chile armies agree on Antarctica rescue and support operations

The Chilean and Argentine military officers shake hands following the signing of the document relative to Paracah activities (Pic LPA)

The armies of Argentina and Chile have completed the details for this Antarctic season PARACAH (Antarctic Combined Rescue Patrol Argentina-Chile) 2015 exercise that became effective as of August and extends until next year, and which besides combined rescue operations also refers to collaboration in scientific and research issues in Antarctica.

Monday, August 3rd 2015 - 08:16 UTC

Canada will hold elections next October; conservatives could lose office

PM Harper says only he can be trusted to run an economy struggling to cope with after-effects of a global economic slowdown and a plunge in the price of oil

Canadian Prime Minister Stephen Harper has called a parliamentary election for Oct. 19, kicking off a marathon 11-week campaign likely to focus on a stubbornly sluggish economy and his decade in power. Polls indicate Harper's right-of-center Conservative Party, which has been in office since 2006, could well lose its majority in the House of Commons.

Saturday, August 1st 2015 - 10:00 UTC

FIFA corruption: Argentine indicted businessman pleads not guilty in US court

 Burzaco is one of nine soccer officials and five marketing executives accused by the US Justice of exploiting the sport through bribes of more than $150 million

The former chairman of an Argentina-based sports marketing business, one of 14 people indicted in a corruption case that has rattled the soccer world's governing body FIFA, pleaded not guilty in US federal court on Friday.

Saturday, August 1st 2015 - 09:55 UTC

Brazil reports its worst half year primary deficit since 1997

Last week the government lowered its fiscal targets and this prompted ratings agency S&P to threaten to downgrade Brazil’s investment-grade rating.

The Brazilian government registered a primary deficit of $470 million (1.6 billion Real) in the first half of 2015, according to figures from the National Treasury release on Thursday, O Globo newspaper reported. The deficit is the worst result since 1997. In the same period last year, the government recorded a surplus of $5 billion (17 billion real).

Saturday, August 1st 2015 - 09:42 UTC

Food riots in Venezuela leave one person killed and tens of arrests

State governor Francisco Rangel from the ruling chavista Socialist Party said the looting was politically motivated.

One person was killed and dozens were detained on Friday following looting of supermarkets in Venezuela's southeastern city of Ciudad Guayana, the state governor has said, amid the ongoing food shortages in the Mercosur-Unasur nation.

Saturday, August 1st 2015 - 07:51 UTC

US Navy submarine successfully launches and recovers underwater drone

The underwater drone launched from the USS North Dakota is a REMUS 600 Autonomous Underwater Vehicle

The Virginia-class nuclear-powered fast attack submarine USS North Dakota (SSN-784) has launched and recovered an underwater drone for the first time. This week, the USS North Dakota returned to the United States after a nearly two-month deployment to the Mediterranean Sea. The submarine was specifically tasked with testing the launch and recovery of an unmanned underwater vehicle (UUV) while submerged.

Friday, July 31st 2015 - 06:41 UTC

Maduro takes over brewers complex as Venezuela runs out of beer because of lack of barley

Maduro has accused Polar of sabotaging the economy by hoarding goods and intentionally creating shortages, a charge the company denies.

Venezuela's largest food distributor on Thursday denounced the government occupation of a Caracas warehouse amid accusations that the company is hoarding goods. Soldiers took over the warehouse complex used by Empresas Polar late Wednesday just as Venezuela's federation of brewers announced that Polar's beer manufacturing subsidiary is shutting two of its six plants because of a lack of imported barley.

Friday, July 31st 2015 - 06:25 UTC

Former Fed chief says discussion is not monetary policy but government spending

“To me the discussion today shouldn’t be on monetary policy it should be on how do we constrain this extraordinary rise in entitlements” said Greenspan

Former Federal Reserve Chairman Alan Greenspan warns that government spending “extremely dangerous” to the future of the US economy. Greenspan decried a rise in entitlement costs, which he contended have pressured the U.S. economy.

Friday, July 31st 2015 - 05:44 UTC

Ex-Top Gear team will front a new motoring program with Amazon Prime

Clarkson's contract was not renewed following an “unprovoked physical attack” on a Top Gear producer. His co-hosts then followed him in leaving the show.

Former BBC' Top Gear hosts Jeremy Clarkson, Richard Hammond and James May have signed up to present a new show on Amazon's streaming video service. The trio will front three series of a new motoring program for Amazon Prime, with the first season to be made available worldwide in 2016.

Thursday, July 30th 2015 - 22:31 UTC

UK Overseas Territories agree on a 'unified front' for December's JMC in London

The participants of the meeting in Hamilton pose for the 'family picture' at the end of discussions

Leaders of several British Overseas Territories meeting in Bermuda released a joint statement following a Pre-Joint Ministerial Council two-day meeting held last week in Hamilton. The goal of the international gathering was to discuss matters of common interest in order to present a unified front next December at the JMC in London.

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