Politics

Wednesday, September 9th 2015 - 08:23 UTC
Germany willing to take half a million refugees annually over several years

Germany said it could take half a million refugees annually over several years as Greek islands struggled on Tuesday to process a huge backlog of migrants desperate to travel to western Europe. Reflecting deepening concern, the European Union's president warned the EU faced a years-long refugee crisis, while the UN urged countries worldwide to help tackle the problem.
Wednesday, September 9th 2015 - 08:10 UTC
No end to Brazil's bad news: two consecutive years of recession ahead

Analysts expect Brazil's economy to contract by 2.44% this year, marking the worst performance since 1990, and inflation will hit 9.29%, the Central Bank said Tuesday. The latest figures represent a downward revision from last week, when analysts expected Latin America's largest economy to contract by 2.26% and inflation to come in at 9.28%.
Wednesday, September 9th 2015 - 07:29 UTC
Paraguay refuses to acknowledge US$ 85m debt from dictator's time

Paraguay’s three branches of government agreed on Monday that Asuncion bears no obligation to repay $85 million borrowed by a representative of the late Gen. Alfredo Stroessner during the waning years of the 1954-1989 military regime.
Wednesday, September 9th 2015 - 07:18 UTC
Guatemala former president to face prosecution for a customs fraud scandal

Former Guatemalan President Otto Perez Molina will face prosecution for his alleged role in a customs fraud scandal that has rocked the country for months, a federal judge announced on Tuesday. The decision comes just days after Perez Molina resigned from office amid growing national outrage over corruption in the government.
Wednesday, September 9th 2015 - 07:00 UTC
New evidence questions claims that Argentine prosecutor Nisman committed suicide

Another conflicting result has surfaced in the ongoing investigation into Argentine prosecutor Alberto Nisman's death, which remains an unsolved mystery of eight months with opinions divided as to whether he was killed or committed suicide.
Wednesday, September 9th 2015 - 06:31 UTC
Don't Be Fooled by Dialogue -- Argentina Only Wants One Answer to 'the Falklands Question'

By Jan Cheek (*) (*) - On Friday 4th, Ms Cecilia Nahón, Argentina Ambassador to the United States, wrote an article for the Huffington Post, titled 'Malvinas: All Argentina Is Saying Is Give Dialogue A Chance.'
Wednesday, September 9th 2015 - 06:25 UTC
Royal Mint has issued a special £20 coin to celebrate Queen Elizabeth 62 years in power

As of 9 September 2015 Queen Elizabeth II will be the longest reigning monarch in British history, surpassing the reign of Queen Victoria. The Queen's coronation took place in 1953 which means 2015 marks her 62nd year in power.
Tuesday, September 8th 2015 - 08:54 UTC
Brazil confident it can stand 'first period of volatility' if Fed raises rates

Brazil is well prepared to cope with any market volatility resulting from a U.S. interest rate rise, Finance Minister Joaquim Levy said on Monday. The minister told a meeting in Madrid that Brazil's banks were well capitalized and the country has large foreign exchange reserves.
Tuesday, September 8th 2015 - 08:42 UTC
IMF cautions Fed on conditions when it decides to increase interest rates

The US Federal Reserve must be certain that the job market and inflation are strong enough to justify raising interest rates, IMF managing director Christine Lagarde said after a G20 meeting focused on the pressure the increase might place on the global economy.
Tuesday, September 8th 2015 - 08:30 UTC
European protesting farmers promised a €500m aid package by Brussels

European Union agriculture ministers have announced a €500m aid package after thousands of farmers protested on the streets of Brussels. The mainly Belgian, French and German farmers were protesting against plummeting prices for their produce.