Friday, December 12th 2014 - 06:16 UTC

Financial aid from Brazilian government for scandal-hit Petrobras

Petrobras plans to invest some 220 billion dollars over the next five years to develop offshore oil fields, but capital markets could be put off by the scandal

Brazil's government is wrapping up a financing plan for Petrobras aimed at ensuring the scandal-hit state-controlled oil giant can obtain the funding it needs for its massive investment program.

Friday, December 12th 2014 - 06:03 UTC

Brazilian executives from leading companies formally charged for the Petrobras corruption scandal

“These people stole the pride of Brazilians,” Prosecutor-General Rodrigo Janot said at a news conference in the southern city of Curitiba

Brazilian prosecutors formally charged executives from six of the country's largest engineering firms with forming a cartel to funnel kickbacks from state-run oil firm Petrobras to the ruling political party and its allies.

Friday, December 12th 2014 - 05:53 UTC

Argentine ambassador visits Francis and presents a copy of “Malvinas Matters”

Ambassador Castro with her daughter Miranda and Pope Francis

Argentine ambassador in the UK Alicia Castro, and daughter Miranda were received on Thursday by Pope Francis in a private audience.

Friday, December 12th 2014 - 05:50 UTC

New US ambassador in Argentina sworn in at White House ceremony

The newly appointed ambassador next to Vice-president Biden and Argentine ambassador in Washington, Cecilia Nahon

Noah Mamet has sworn as new United States ambassador to Argentina during a ceremony held in the White House, together with US vice president Joseph Biden and Argentine ambassador to the US Cecilia Nahon.

Thursday, December 11th 2014 - 12:27 UTC

BBC team authorized to film wildlife in Tierra del Fuego under certain conditions

The BBC team also includes a Tierra del Fuego observer, and must mention that the filming was done in a national park in Argentine territory

A BBC crew is currently filming in Tierra del Fuego a documentary on the wildlife of the Beagle Channel Islands. The crew is escorted by an observer from the provincial government and according to local officials it had to sign a document by which when the material is edited it must clearly establish that it was filmed in Argentine territory, with support from local authorities.

Thursday, December 11th 2014 - 12:09 UTC

OAS will vote for new Secretary General on 18 March 2015: Insulza steps down after a decade

Insulza has been on the job since 2005 and was re-elected for another five-year term in 2010. He steps down next May.

Member states of the Organization of American States (OAS) agreed that the next Assistant Secretary General will be elected on the same day as the election of the next Secretary General, 18 March 2015. The initiative was approved during Wednesday's regular meetings by the OAS Permanent Council.

Thursday, December 11th 2014 - 11:55 UTC

Argentine government discards 'social outbreaks' this end of the year despite 'destabilizing' groups

Parrilli, one of Cristina Fernandez most trusted aides was responsible for the message that the situation is 'normal' and will continue so

Fearing a repeat of last year's police mutiny which led to rioting and looting, one of President Cristina Fernandez most trusted aides, Oscar Parrilli, Secretary General of the Executive, pledged that Argentines will be able to spend some quiet, peaceful year-end celebrations with no “element” proving a social outbreak.

Thursday, December 11th 2014 - 11:47 UTC

Report on CIA torture practices triggers political recriminations and security debate

Senators Marco Rubio and Jim Risch, issued a statement calling the publication of the report’s summary “reckless and irresponsible.”

The brutal details of the CIA’s secret interrogation methods described in a newly-issued report by a US Senate committee on Tuesday, triggered Republican lawmakers and CIA reaction against the document’s findings, insisting that the detention and rendition program produced clear results that helped to thwart attacks on US citizens and assets.

Thursday, December 11th 2014 - 11:35 UTC

US Congress votes sanctions on Venezuelan government officials and sends bill for Obama's signature

Venezuelan President Nicolas Maduro railed against the measure's “insolent imperialist sanctions” after it was passed by the Senate

The US House of Representatives passed legislation to impose sanctions on Venezuelan government officials found to have violated protesters' rights during demonstrations earlier this year.

Thursday, December 11th 2014 - 11:29 UTC

Argentine argues before NY Appeals court the central bank is not an 'alter ego' of the administration

Holdouts said the Argentine Central Bank is liable for embargo due to its links with the President Cristina Fernández administration

Lawyers representing the Argentine government and the Central Bank have defended the country's stance on the debt conflict in a hearing with the New York Second Circuit Appeals Court, rejecting the notion that holdout investors could confiscate reserves or assets belonging to the financial entity.


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