Monday, April 7th 2014 - 06:36 UTC

Brazil's high yield bonds again attract foreign investors

The central bank raised last week the Selic rate to 11%

Brazil’s decision to hike its key interest rate to 11%, its highest level in two years, has again started to attract investors since there are also strong hopes that Brazil’s next president to be elected in October will rein in spending and adjust macroeconomic policies.

Monday, April 7th 2014 - 06:26 UTC

Overwhelming majority of Argentines feel insecurity has become the main problem

However 65% are against lynching as has been happening recently

Eight out of ten Argentines feel that insecurity has been on the rise during recent months while 90% believe that it has become the main problem of the country ahead of inflation, unemployment and corruption, according to a public opinion poll published in Clarin's Sunday edition.

Monday, April 7th 2014 - 06:21 UTC

UN 'deep concern' over violence in Venezuela; supports people's right to protest peacefully

For weeks protestors have camped outside UN offices in Caracas

The United Nations office in Venezuela expressed deep concern over the “high human cost” of anti-government protests which have left 39 people dead during two months of unrest. Hundreds more have been detained or injured in clashes with security forces.

Monday, April 7th 2014 - 06:18 UTC

UK 'in principle' supports greater integration of Gibraltar to European Union

Minister Lidington and Chief Minister Picardo: “more Europe, not less Europe than the UK”

UK Minister for Europe David Lidington, said the British Government would have no objection “in principle” to Gibraltar integrating further into the EU than Britain. He was reacting to recent comments by Chief Minister Fabian Picardo, who said Gibraltar may in future want “more Europe, not less Europe, than the United Kingdom.”

Monday, April 7th 2014 - 06:12 UTC

Brazil Rousseff support down ahead of October election, but rivals don't benefit

 The fall reflects Brazilian public opinion fear about the economy's evolution

Brazilian President Dilma Rousseff's popularity has dipped five percentage points ahead of October's presidential elections, revealed a new poll published on Sunday. The Datafolha polling institute said 36% of respondents rated Rousseff's government as “great/good” against the 41% who gave it that rating in the firm's previous poll conducted in February.

Monday, April 7th 2014 - 06:05 UTC

Army occupies favela in Rio because police was unable to retain control

Heavy armed soldiers patrol the streets while people get on with their daily business

With only 68 days to the World Cup some 2,700 Brazilian troops seized control Saturday of the Mare favela, shantytowns complex, which is considered Rio de Janeiro's last major drug-gang stronghold and located in a strategic area for security reasons: a through area for the city's airport and the Maracaná stadium.

Monday, April 7th 2014 - 05:58 UTC

Scottish oil worker killed during a carjacking incident in Rio do Janeiro

 The father of three has been living in Brazil for 16 years

The feeling of insecurity in Brazil's main cities peaked again last week when it was reported that a British oil worker had been shot dead by two men in Rio de Janeiro, a Scottish newspaper reported Saturday.

Monday, April 7th 2014 - 05:50 UTC

State of emergency in Buenos Aires province overwhelmed by crime and an outbreak of lynching

Scioli and his full cabinet make the announcement

The governor of Argentina's largest, richest and most populated province declared a 12-month state of emergency following an outbreak of lynching by furious citizens who feel defenceless and 'overwhelmed' by crime. The situation has become a major political issue with magistrates and the Church calling for restrain.

Monday, April 7th 2014 - 05:43 UTC

Argentine church baptizes lesbian couple child; now they will fight for a catholic marriage

Umma Azul with her parents, Carina and Soledad

A daughter of a lesbian couple was baptized by the Catholic Church in Argentina on Saturday, April 5 with President Cristina Fernandez acting as the godmother. It was the first case in the country, a gesture of opening from the institution headed by Argentine Pope Francis.

Monday, April 7th 2014 - 05:18 UTC

Costa Rica faces serious challenge: new president with scant support in congress

Solis beat the old system but they still have the grip on government

A center-left academic who has never held elected office easily won Costa Rica's presidential election on Sunday, ousting the graft-stained ruling party from power after its candidate quit campaigning a month ago. However he will have quite a job ensuring support in Congress.


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