Thursday, May 14th 2015 - 01:45 UTC

Partial recount of Guyana's May 11 general elections votes delays results

The PPP/C is only requesting reviews “in areas where we had reports of a lot of votes were rejected for spurious reasons” indicated President Donald Ramotar

The release of official results from Guyana’s May 11 general elections has been delayed for at least another 48 hours to allow for a partial recount, the Guyana Elections Commission, known as GECOM, said on Wednesday.

Thursday, May 14th 2015 - 00:56 UTC

Falklands debates bringing contract workers for maintenance of roads system

MLA Short acknowledged that the MPA Road had deteriorated badly, but he said grading had been ongoing, and it won't necessarily be sufficient

Bringing contract workers in to ensure enough staff to maintain the Falkland Islands' roads ready for the start of the season in the spring, if not earlier is MLA Gavin Short’s wish.

Wednesday, May 13th 2015 - 08:29 UTC

Petrobras still Latam's top company but fell to second-worst performer because of corruption losses

Petrobras has gone from Latam's most profitable company to the second-worst performer after Mexican state oil company Pemex (a perennial money loser).

Brazil's state oil giant Petrobras remains Latin America's top company in revenues, but has lost its position as the profit leader after posting record losses last year due to a growing corruption scandal and administrative inefficiencies, according to a new ranking of the region's 500 largest companies from digital publication Latinvex.

Wednesday, May 13th 2015 - 08:21 UTC

Latam to debate controversial issue: 'post Washington Consensus' industrial policies

IDB president Moreno will open the seminar and Ms Rodríguez, manager of the IDB’s Institutions for Development Department, will moderate the debate

The Inter American Development Bank, IDB, has organized a seminar to discuss industrial policies in Latin America and the Caribbean in a post Washington-Consensus framework. Anemic economic growth in the region is in need of policy shot in the arm.

Wednesday, May 13th 2015 - 08:05 UTC

Bolivia closer to Mercosur full membership; coming summit in Brasilia decisive

In April it was agreed that the Bolivian incorporation is to be ratified with a new protocol in which Paraguay figures as Mercosur full member

Bolivia is closer to becoming a full member of Mercosur following on Argentina's ratification of the Adhesion Protocol.

Wednesday, May 13th 2015 - 07:46 UTC

Asian countries in top five spots of OECD global schooling performance

“This is the first time we have a truly global scale of the quality of education,” said the OECD's education director, Andreas Schleicher.

The biggest global school rankings have been published, with Asian countries in the top five spots and African countries at the bottom. Singapore heads the table, followed by Hong Kong, with Ghana at the bottom. The UK is in 20th place, among higher achieving European countries, with the US in 28th.

Wednesday, May 13th 2015 - 07:37 UTC

Nisman's criminal case against President Cristina Fernandez was buried on Tuesday

The panel unanimously agreed to accept prosecutor Javier de Luca’s decision to drop Nisman's case saying there was no crime on which to base an investigation.

The criminal case against President Cristina Fernandez was closed Tuesday when federal judges from Cassation Court accepted a prosecutor’s decision not to pursue accusations that she had conspired to shield Iranians suspected of planning the 1994 bombing of a Jewish community center in Buenos Aires.

Wednesday, May 13th 2015 - 07:21 UTC

Argentina's congress to begin evaluation of Justice Fayt's health condition

With a majority vote from the ruling Victory Front and its allies, the committee headed by Anabel Fernandez Sagasti accepted the impeachment proposal

Argentina's Lower House Impeachment Committee has approved a motion to begin evaluations on the health of Supreme Court Justice Carlos Fayt, in order to determine whether the judge has the physical and mental capacity to continue in his post.

Wednesday, May 13th 2015 - 07:00 UTC

Cameron puts pressure on Europe for major changes and revamped links

Cameron says he wants to stay in a reformed EU but has also said that he would not be heartbroken if Britain left.

Prime Minister David Cameron will hold an early referendum on membership of the European Union if he can first reach a deal that satisfies his demands for major changes in Britain's relationship with the bloc, his spokesman said yesterday.

Tuesday, May 12th 2015 - 10:41 UTC

In Chile when in difficulties turn right: former IMF deputy chief Finance minister

Othodox Valdes, 48, has held roles at Barclays and BTG Pactual, has a PHD from MIT and was formerly a deputy director of the IMF

In a move which has been interpreted as a right turn, economist Rodrigo Valdes was named as Chile's finance minister on Monday by President Michelle Bachelet, in a sweeping cabinet reshuffle in which four of her closest ministers were sacked or shifted into other roles. On Valdes' immediate to-do list is an upcoming 1.26 billion dollars international debt issue.


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