Politics

Politics
Wednesday, May 18th 2016 - 12:07 UTC

Argentina forecasted to increase wheat area by 25% for a 15/16 million tons crop

Argentina, the world’s 10th biggest wheat exporter, shipped 3.13 million tons of the grain in the first quarter of 2016 versus 1.53 million in the same 2015 period

Argentine wheat exports more than doubled in the first quarter, government data showed, as farmers rushed to sell stockpiles ahead of an expected jump in plantings spurred by the open-market policies of new President Mauricio Macri. The surge in Argentine supply is hitting an oversaturated world market and putting downward pressure on wheat prices already near their lowest levels in six years.

Wednesday, May 18th 2016 - 11:39 UTC

The Army must decide is they side “with the Constitution or with Maduro”, says Venezuelan opposition

“I say to the armed forces: the moment of truth has arrived - to decide whether they are with the constitution or with Maduro,” Capriles told a news conference.

The army in crisis-hit Venezuela has to choose whether it is “with the constitution or with [President Nicolas] Maduro,” opposition leader Henrique Capriles said on Tuesday.He made the statement to journalists after Maduro decreed a state of emergency broadening the powers of soldiers and police - and a day before opposition-led marches demanding a referendum to oust the president.

Wednesday, May 18th 2016 - 06:01 UTC

Orthodox economist Goldfajn confirmed as Brazil's central bank governor

Ilan Goldfajn, chief economist of Itau Unibanco Holding, will replace Alexandre Tombini as central bank governor. Senate must ratify Goldfajn's appointment.

Brazil's interim government on Tuesday confirmed the lead economist of the country's largest private bank to head the central bank, in a further shift away from the interventionist policies that many blame for deep recession and near double-digit inflation.

Tuesday, May 17th 2016 - 10:50 UTC

Temer meets Brazilian unions to draft a blueprint for pension system reform

“Temer took no position at the meeting,” said Antonio Neto, head of the CSB union. “Temer just said he is in a hurry and wants a plan in 30 days.”

Brazilian interim President Michel Temer agreed with union leaders on Monday to draft a blueprint for overhauling the creaking pension system within a month, as he seeks to restore confidence in Latin America's largest economy. Temer has vowed to plug a fiscal gap equivalent to more than 11% of GDP last year.

Tuesday, May 17th 2016 - 07:25 UTC

Temer names a woman to head Brazil's giant development bank, BNDES

Maria Silvia Bastos Marques, a career bureaucrat and onetime steel executive who worked on Rio de Janeiro’s Olympics preparations, will head BNDES

Brazil’s interim President Michel Temer will replace the head of the government’s giant development bank with a female economist, following heavy criticism over his appointment of an all-male white cabinet.

Tuesday, May 17th 2016 - 07:16 UTC

Cameron stands by his criticism of Trump: “stupid, divisive and wrong”

UK PM has called the Republican hopeful “stupid, divisive and wrong” over his call for a temporary ban on Muslims entering the US.

Downing Street has said that Prime Minister David Cameron stands by his criticism of Donald Trump but will work with whoever is elected US president. UK PM has called the Republican hopeful “stupid, divisive and wrong” over his call for a temporary ban on Muslims entering the US.

Tuesday, May 17th 2016 - 06:23 UTC

Falklands hopeful of improved relations with Argentina, Gilbert House tells BIMR conference

Cherie Clifford, MLA Dr. Barry Elsby meet CPA Secretary General Akbar Khan at the States of Assembly in the island of Jersey

Falkland Islands remains hopeful of improved relations with the new administration of Argentina and cooperation in the many areas of mutual interest such as fisheries and connectivity, but sovereignty of the Falklands is not for negotiation, reads the Gilbert House report to the 46th British Isles and Mediterranean Region Conference, which opened on Sunday in Jersey.

Monday, May 16th 2016 - 19:00 UTC

“It looks like we're not going to have a good relationship”, Trump tells Cameron

“Number one, I'm not stupid, OK? I can tell you that right now — just the opposite,” Trump told Morgan, at the Good Morning Britain breakfast show

Republican hopeful Donald Trump has hit back at criticism from Britain's leaders by describing himself in an interview with Piers Morgan as “not stupid” and a “unifier.” The presumptive Republican nominee made the comment to Good Morning Britain, the breakfast show of NBC News' U.K. partner ITV.

Monday, May 16th 2016 - 18:56 UTC

The Falklands would be safer after Brexit

UK’s liberation of the Falklands, which strengthened the credibility of British power worldwide for decades, did not benefit at all from membership of the EEC

By Julian Thompson for The Telegraph (*)

As the EU referendum campaign enters its final stages, the Remain camp is resorting to ever more desperate fear tactics to win the argument. The latest – and most ludicrous – proposition is that the future of UK dependent territories will be under threat if we leave. Without EU support, we are told, Argentina would perceive Britain as “weakened” and might invade the Falklands.

Monday, May 16th 2016 - 18:49 UTC

Venezuelan soldiers steal goats because no food is left in the barracks

The incident was reported by El Nacional on its Sunday edition, with six soldiers detained by local authorities

The situation in Venezuela has become so bad that even soldiers are struggling to support themselves. Over the weekend, six members of the Venezuelan military were detained by local authorities for stealing goats, the Venezuelan newspaper El Nacional reported on Sunday. It said the soldiers confessed to stealing the goats and said they did it to feed themselves, since they had no food left in their barracks.

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