Politics

Thursday, October 24th 2013 - 07:59 UTC
Cristina Fernandez is 'doing fine', but must continue with 30 days of rest and no stress

Argentine president Cristina Fernandez had a “neurologic-image control” test on Wednesday late evening at the Favaloro Hospital in Buenos Aires, following surgery last 8 October to remove a cranium blood clot. It was her first exit since 13 October when she was discharged from hospital and sent to the Olivos presidential residence for a strict 30 day rest-recovery period ordered by her medical team.
Thursday, October 24th 2013 - 07:54 UTC
'Parallel dollar holiday' in Argentina until after Sunday's election is anticipated

Despite a full-fledged crackdown on the 'cave-exchanges' in the financial sector of Buenos Aires the 'parallel' US dollar ended Wednesday trading as on the previous day at 10.05 Argentine Pesos while the official rate stood at 5.82 Pesos (buying price) and 5.87 Pesos (selling price).
Thursday, October 24th 2013 - 07:51 UTC
Brazil sells 3.2bn dollars in new global bonds to improve the best yield curve

Brazil sold about 3.2 billion dollars of new global bonds due in 2025, more than twice the original launch amount, as it paid the largest premium over U.S. Treasuries for a similar maturity since 2009 (approx 4.3%). The National Treasury is also buying back about 2 billion dollars of high-coupon notes maturing between 2017 and 2030.
Thursday, October 24th 2013 - 07:25 UTC
Former Ecuadorean judge admits taking bribes in pollution case against Chevron

A former Ecuadorean judge who presided over a pollution case against Chevron Corp. (CVX) testified that he and a colleague who issued a 19 billion judgment against the company in the environmental lawsuit were bribed.
Thursday, October 24th 2013 - 07:19 UTC
Argentina takes full control of railway line following a second crash in 18 months

Argentina took full control of another railway commuter line following the latest crash last week that left over a hundred people injured at the same Once station where in a similar accident 18 months ago 52 were killed and dozens suffered serious injuries.
Wednesday, October 23rd 2013 - 20:51 UTC
Wheat shortage in Argentina has seen bread prices skyrocket; Buenos Aires ton price is double Chicago's

In the last few days the Argentine news media has been focusing on the fact that there does not seem to be enough wheat or corn to go around, which is driving prices higher and causing concern for the users of these grains. This is particularly true for bakeries which have been forced to charge soaring prices for bread.
Wednesday, October 23rd 2013 - 20:20 UTC
Four US super rich contributed 133 million dollars to the 2012 elections, says Wealth-X

As the United States Supreme Court considers whether to remove limits on individuals’ contributions to candidates, political parties and political action committees, Wealth-X released a list of the top five public political donors leading up to the 2012 elections and since then.
Wednesday, October 23rd 2013 - 16:40 UTC
German Catholics can only remain in the Church if they pay membership tax, rules court

Germany's Roman Catholics can only remain part of the Church if they pay a membership tax, a court has ruled. All Germans who are officially registered as Catholics, Protestants or Jews pay a religious tax, worth an extra 8-9% of their income tax bill.
Wednesday, October 23rd 2013 - 16:36 UTC
Most of Latam and US failed press freedoms report in 2013 says IAPA

The Inter American Press Association representing journalists from across the Americas condemned violations of press freedoms in both Latin America and the United States on Tuesday, including the killings of 14 journalists, the secret seizure of Associated Press phone records and a new censorship law in Ecuador.
Wednesday, October 23rd 2013 - 16:32 UTC
Bank of Spain estimates the country climbed out of recession in third quarter

Spain climbed out of recession in the third quarter, growing 0.1% from the previous three-month period to end a streak of nine consecutive quarters of contraction, the Bank of Spain estimated Wednesday in its latest economic bulletin.