Politics

Politics
Thursday, February 26th 2015 - 04:48 UTC

Rousseff lashes out at Moody's for downgrading Petrobras debt to junk-bonds

“It's a lack of knowledge about what's happening at Petrobras. I have no doubt this is a company with a great ability to recover without major consequences”

Brazilian President Dilma Rousseff on Wednesday said credit rating agency Moody's Investors Service downgraded state-controlled oil giant Petrobras' debt to junk-bond territory due to ignorance of the company's situation.

Thursday, February 26th 2015 - 04:39 UTC

Filmus tours Central America in support of Argentina's Falklands' claim

In Guatemala City Filmus was received by the Central American Parliament

Argentina's secretary for Issues relative to the Malvinas Islands Daniel Filmus visited this week Guatemala as part of a tour of Central America to promote the 'Malvinas cause' and collect support from regional governments and institutions.

Thursday, February 26th 2015 - 04:14 UTC

Brazilian lawmaker wants closer ties with 'Falklands' and even considers 'a friendship forum'

Celso Maldaner belongs to the strongest electoral party in Brazil and main ally of the ruling coalition headed by president Rousseff

Brazilian federal Deputy for the southern state of Santa Catarina Celso Maldaner who last week visited the Falkland Islands said he wants to 'influence and push' for a commercial opening of Brazil with the Islands, since he believes there is great potential for making business particularly regarding fisheries and tourism.

Wednesday, February 25th 2015 - 05:37 UTC

Cristina Fernandez secluded to prepare her last 'State of the Nation' speech

Argentina will be holding elections next October, putting an end to twelve years of the Kirchner couple in the Executive

Argentine president Cristina Fernandez flew on Tuesday evening to Rio Gallegos, where according to the presidential agenda she will visit the mausoleum built by her to the memory of her late husband and former president Nestor Kirchner.

Wednesday, February 25th 2015 - 05:27 UTC

Argentina will appeal on Thursday Judge Griesa's 'contempt of court'

Kicillof said the 2nd US Circuit Court of Appeals in New York has sent no “warning” to Argentina regarding a contempt order

The Argentine government will present on Thursday its appellant’s brief over the contempt of court ordered by New York Judge Thomas Griesa, the Economy Ministry has confirmed. Griesa had ruled Argentina in contempt of his orders due to working on a plan to shift control over payments of its restructured debt to Buenos Aires.

Wednesday, February 25th 2015 - 05:20 UTC

Teenager shot dead during protests further polarizes political climate in Venezuela

Kluiver Roa, 14, died in unclear circumstances during violent clashes between around 20 hooded protesters and police in San Cristobal

A teenager was killed during a protest on Tuesday in the western city of San Cristobal, state officials said, as tensions rise in Venezuela amid an economic crisis and a government crackdown on the political opposition.

Wednesday, February 25th 2015 - 05:01 UTC

China prepared to help Argentina recover its air force with new fighter jets

China's JF-17 fighter partnership in Pakistan has proven a moderately successful pilot for production programs.

China has agreed to supply Argentina with new fighter jets that will replace its aging fleet of single-engine Dassault Mirage planes. Defense experts said two types of China-developed fighters are likely candidates: the Chengdu Aircraft Corporation-built FC-1/JF-17 and the J-10, according to a report from Chinatopix.

Wednesday, February 25th 2015 - 04:38 UTC

German court rules against Argentina on bonds' interest payments

Presiding Judge Hans-Ulrich Joeres said there were no collective action clauses allowing a restructuring by majority in the Deutsche Mark denominated bonds

Argentina lost a ruling at Germany’s top civil court over interest payments on bonds it sold to investors in the European country that don’t have terms that allow for restructuring by a majority vote of creditors, according to a report from Bloomberg at Karlsruhe.

Wednesday, February 25th 2015 - 04:07 UTC

Falklands' war zone coverage controversy rages in US media; Fox to the rescue of O'Reilly

Fox News Chairman and C.E.O. Roger Ailes and all senior management are in full support of Bill O’Reilly,” the spokeswoman said.

Controversy over the coverage by US reporters of the 1982 Falklands conflict continues to rage in US media, since Fox News top star Bill O'Reilly admitted that at the time, working for CBS News, he was based in Buenos Aires, far from the 'war zone' as he had characterized his task.

Wednesday, February 25th 2015 - 03:55 UTC

“Falkland Islanders feel a strong relationship with Uruguay going back a long way”

Ambassador Lyster-Binns: “It’s a very British country. Overall it’s about half the size of Wales, but it looked and felt to me more like Scotland”.

British ambassadors in Chile, Brazil and Uruguay, Fiona Clouder, Alex W Ellis and Ben Lyster-Binns, respectively visited the Falkland Islands on a familiarization tour and to try to establish closer links with the Islands.

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