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Stories for August 5th 2013

• Monday, August 5th 2013 - 02:00 UTC

  France drastically cuts defence; expects the Rafale can save it from further axing

  

  France is to cut more than 30,000 defence posts and reduce or delay orders for jet fighters and other equipment as the socialist government seeks to balance the need for stringent spending cuts with a bid to sustain the country’s role as a big military power.

• Monday, August 5th 2013 - 01:51 UTC

  Iran after closer relations with Latinamerica, says new president Rouhani

  

  New Iranian President Hassan Rouhani met in Tehran on Sunday with Cuban Vice President Ricardo Cabrisas and said his country wanted to expand its relations with Latin America, “especially with Cuba,” Iran's Isna news agency reported.<br />
  Cabrisas traveled to Iran for Rouhani's inauguration on Sunday.

• Monday, August 5th 2013 - 01:38 UTC

  Yerba mate price soars but consumers remain faithful to the traditional infusion

  

  Yerba mate, the classical infusion drink in much of southern South America and particularly in Uruguay is making headlines because of a 34% price increase in the last six months and with prospects of further hikes, according to local providers.