Stories for November 26th 2012

Monday, November 26th 2012 - 18:29 UTC
Ambassador Argüello says Argentina will not pay the price of the ‘North’s financial irrationality’

Argentina’s Ambassador to the United States, Jorge Argüello, assured on Monday that “Argentina will not pay the price for the financial irrationality of the North“, and under no circumstances ”will tolerate the vulture funds’ blackmailing.”
Monday, November 26th 2012 - 07:30 UTC
Crucial week for Argentina’s bonds’ dispute with ‘technical default’ fears looming

The Argentine government will appeal on Monday the New York federal court ruling from Thomas Griesa which orders the country to pay 1.3billion dollars to the investment funds which held out from the (2005 and 2010) restructuring of the 2002 defaulted sovereign debt.
Monday, November 26th 2012 - 07:19 UTC
Falklands’ March 10/11 referendum, a democratic exercise of self determination

The Falklands referendum on March 10/11 is designed to simply ask the people of the Islands to state clearly their wishes regarding their political status, and this is supported by democratic practice, the UN guiding principle of self determination and even by Ban Ki-moon in recent reports in the Argentine press, said lawmaker Dick Sawle.
Monday, November 26th 2012 - 07:16 UTC
Chinese shoemaker wins lawsuit and compensation against the EU anti-dumping duties

Following a six-year battle Chinese shoemaker giant Aokang Group Co Ltd won a lawsuit against the European Union's anti-dumping duties. The shoemaking has encouraged other Chinese manufacturers to challenge similar “unfair policies”.
Monday, November 26th 2012 - 06:46 UTC
Dilma Rousseff sacks top officials involved in influence-peddling ring

Brazilian president Dilma Rousseff moved quickly and with no consideration for political allies ordered the dismissal on Saturday of all government officials allegedly involved in a bribery ring, including the country's deputy attorney general.
Monday, November 26th 2012 - 04:46 UTC
Argentina heading for its first negative balance in tourism in ten years

For the first time since 2002 Argentina is forecasted to end the tourism year with a negative balance totalling 2.3 billion dollars compared to a positive one of 304 million dollars in 2011, according to consultants Ecolatina.
Monday, November 26th 2012 - 04:39 UTC
Separatists win Catalonia regional election but independence referendum delayed

Separatists in Spain's Catalonia won regional elections on Sunday but failed to get a resounding mandate for a referendum on independence, which had threatened to pile political uncertainty on top of Spain's economic woes.
Monday, November 26th 2012 - 04:35 UTC
Sao Paulo City gripped in a “civil war” between organized crime and the police, says top Judge

A Brazilian magistrate described the wave of killings in Sao Paulo city as a ‘civil war’ between organized crime and unsupported police forces to which the local population is closing its eyes.