Politics

• Wednesday, July 30th 2014 - 08:02 UTC

  Argentine private banks prepared to buy holdouts' credit; Kicillof/Pollack talks to continue today

  

  “Special Master” Daniel Pollack, the mediator appointed by US judge Griesa to resolve the dispute between Argentina and the speculative funds' holdouts said the parts talked “face to face” for the first time and assured a new meeting will be confirmed during the day. If a deal is not reached Wednesday sunset Argentina could again fall into default.

• Wednesday, July 30th 2014 - 08:01 UTC

  Japan's PM Abe at CARICOM summit pledges development support

  

  Heads of Government of the fourteen Caribbean Community (CARICOM) “were heartened” by their Japanese counterpart’s Shinzo Abe positive response to a number of issues raised during their one-day summit in Guyana.

• Wednesday, July 30th 2014 - 07:45 UTC

  UK and US fine Lloyds group £218m for manipulating the Libor rate

  

  Lloyds Banking Group has been fined £218m for “serious misconduct” over some key interest rates set in London. The group manipulated the London interbank offered rate (Libor) for yen and sterling and tried to rig the rate for yen, sterling and the US dollar, said the US legal order.

• Wednesday, July 30th 2014 - 07:33 UTC

  Leading universities from Argentina, Brazil and Mexico sign cooperation agreement

  

  The presidents of the University of Buenos Aires, (UBA), the National Autonomous University of Mexico, (UNAM), and the University of Sao Paulo, (USP), on Tuesday signed a cooperation agreement governing the recognition of titles, student exchanges and cooperation in finding financing sources.

• Wednesday, July 30th 2014 - 07:23 UTC

  IMF warning on interest rates and Russian crisis for some EU banks

  

  Sharply higher interest rates around the world could combine with weaker growth in emerging markets to slice as much as two percentage points off global growth in the next five years, the International Monetary Fund said on Tuesday.

• Wednesday, July 30th 2014 - 07:10 UTC

  Cristina Fernandez thanks Mercosur support and again attacked Judge Griesa

  

  President Cristina Fernández addressed fellow heads of state at the Mercosur summit in Caracas, where she thanked members of the bloc for their support over the ongoing fight with holdout investors in the New York courts and underlined that Argentina “has paid debt obligations religiously”.

• Wednesday, July 30th 2014 - 01:26 UTC

  Tevez' father victim of a double crime, released after paying ransom

  

  The father of Juventus forward Carlos Tevez, Segundo Tevez, has been released after being kidnapped for more than eight hours in the city of Morón, in Buenos Aires province. The player later thanked those who had sent their support during the ordeal.

• Tuesday, July 29th 2014 - 06:59 UTC

  Pollack confirms meeting with Argentina on Tuesday, 24 hours before 'D' day

  

  Argentina will sent a negotiation team to New York on Monday for further talks with a US court-appointed mediator Daniel Pollack in its debt dispute with “holdout” investors, Cabinet Chief Jorge Capitanich said earlier, with just two days left to avert a default.

• Tuesday, July 29th 2014 - 06:19 UTC

  IATA claims from Venezuela the 4.1 billion dollars owed to airlines

  

  The International Air Transport Association (IATA) called on the Venezuelan government to honor the commitment it made in March to permit airlines to repatriate in full and at fair exchange rates airline funds being blocked in the country.

• Tuesday, July 29th 2014 - 05:53 UTC

  Brussels says it found 'no breach of EU environmental laws' in activities carried out by Gibraltar

  

  The European Commission has informed the British Government that it has found no breach of EU environmental laws in the activities carried out by the Gibraltar Government including bunkering activities, the Eastside or Sovereign Bay project and, in particular, the Artificial Reef System in North-West British Gibraltar Territorial Waters.