Friday, September 12th 2014 - 06:55 UTC

With the new bill “Argentina wants to pay, can pay and will pay all contracted debts”

The current financial situation has nothing to do with the last socio-economic crisis in 2001. “We are in an exactly reverse situation, in 180 degrees”

Argentine President Cristina Fernández signed into law the Sovereign Debt bill, which changes the payment location of Argentine bondholders and which was approved by Congress early Thursday morning after 18 hours of debate.

Friday, September 12th 2014 - 06:46 UTC

Falklands Islands' minefield priority areas are named as bidders visit

Foreign Office Advisor for minefield issues Alistair Craib confirmed this week the priority minefields to be cleared beginning November

Four minefield clusters have been pinpointed as priority areas for the next clearance phase in the Falkland Islands. Foreign and Commonwealth Office (FCO) Advisor for minefield issues Alistair Craib confirmed this week that Priority 1 is Minefield 59 on either sides of the MPA Road near Wall Mountain and Mount Harriet.

Friday, September 12th 2014 - 06:40 UTC

Chile's military coup anniversary exposes a divided country

“In democracy, Chile has not lost its memory and has not forgotten its persecuted, executed and missing arrested children,” said Bachelet

“In Chile there's no room, and there can be no room, for violence or fear,” President Michelle Bachelet said Thursday at a ceremony commemorating the 41st anniversary of the 1973 military coup and several days after a bomb blast injured 14 people in this capital. The 17-year military dictatorship remains controversial and a rift in Chilean society.

Friday, September 12th 2014 - 06:28 UTC

Argentina's situation “will not develop into a regional financial crisis”, says UNCTAD

The UN office criticized the legal obstacles Argentina has faced in servicing its restructured debt obligations.

United Nations Conference on Trade and Development (UNCTAD) said that while Argentina was facing potential financial instability, its solvency and the sound macroeconomic fundamentals in other countries of the region “should prevent the shock from developing into a regional financial crisis.”

Friday, September 12th 2014 - 06:19 UTC

OAS recalls tragic events of 09/11 in Chile and United States

In September 1973, Chilean armed forces took over the country in a bloody coup. Under Pinochet the dictatorship lasted until 1990

The Secretary General of the Organization of American States (OAS), José Miguel Insulza recalled on Thursday the tragic events that occurred on September 11, in Chile and the United States, in 1973 and 2001, and called on the international community “to observe tolerance and to respect diversity at a time when the world is shaken once more by violence.”

Friday, September 12th 2014 - 06:16 UTC

Chilean lawmaker arrested for alleged involvement in killing of activists in 1981

Congressman (and former Army captain) Rosauro Martinez of the center-right Renovacion Nacional party was arrested in Valdivia

Forty-one years to the day after General Augusto Pinochet seized power in a military coup in Chile, a right-wing legislator was arrested for alleged involvement in the killing of three activists during the 17-year Pinochet dictatorship.

Friday, September 12th 2014 - 06:12 UTC

Argentine organized labor leader forecasts a “social explosion” next December

“President (Cristina Fernández) said that if inflation reached 25% Argentina would burst, and we will be reaching 40% of inflation” said Barrionuevo

Argentina is heading towards social outbreak due to soaring inflation, head of the anti-government CGT Azul y Blanca labor confederation Luis Barrionuevo said in statements that have already sparked controversy.

Friday, September 12th 2014 - 04:49 UTC

Samper becomes Unasur secretary general and ratifies peace as his main mission

The former Colombian president took over from Venezuela's Ali Rodriguez

Former Colombian president Ernesto Samper was inaugurated on Thursday as Secretary General of the Union of South American Nations, Unasur, by Surinam's Desire Bouterse who holds the rotating presidency of the group.

Friday, September 12th 2014 - 04:37 UTC

IMF warns about the negative reactions from markets if Scotland becomes independent

“A YES vote would raise a number of important and complicated issues that would have to be negotiated” said William Murray

Scotland’s possible secession from the United Kingdom as a result of the upcoming referendum could cause negative market reactions in the short-term, William Murray, Deputy Spokesman at International Monetary Fund (IMF), told reporters Thursday.

Friday, September 12th 2014 - 04:17 UTC

With Scottish eyes and hearts, Catalonians pack the streets of Barcelona

More than half a million Catalans took to the streets dressed in red and yellow, the colors of the Catalan flag and forming a “V” for “vote”

Hundreds of thousands of Catalans packed the streets of Barcelona on Thursday to demand the right to vote on a potential split from Spain, their ambitions boosted by an independence referendum scheduled for next week in Scotland.


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