MercoPress. South Atlantic News Agency
Stories for August 8th 2013
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Thursday, August 8th 2013 - 14:00 UTC
Pope tightens money-laundering standards for Vatican financial activities
As part of the Vatican's ongoing efforts to ensure that all its financial activity complies with international standards, particularly those aimed at preventing money laundering and the financing of terrorism, Pope Francis has expanded the role and the reach of the Vatican's Financial Intelligence Authority.
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Thursday, August 8th 2013 - 13:52 UTC
Uruguay concludes successfully the issue of a new 2024 global bond
Uruguay sold 2 billion in a new 2024 global bond at a yield of 4.521% as a part of a debt liability operation that includes a debt swap, the government said on Wednesday.
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Thursday, August 8th 2013 - 03:33 UTC
Wonders of marihuana: sigh of relief as Vazquez confirms his presidential candidacy
Uruguayan former president Tabare Vazquez confirmed on Wednesday he will run for the presidency next year, following a meeting with representatives from the groups which constitute the voting majority of the ruling Broad Front catch-all coalition.
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Thursday, August 8th 2013 - 03:17 UTC
Cristina Fernandez booed when she visited site of a tragic building collapse
Argentine President Cristina Fernandez was booed and insulted when she visited on Wednesday afternoon at the site in the city of Rosario where at least ten people died when a several stories building collapsed following a major gas leak explosion.
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Thursday, August 8th 2013 - 03:15 UTC
Bank of England ‘forward guidance’: no rate rise until unemployment falls to 7%
The Bank of England's new Governor Mark Carney said the central bank will not consider raising its record low interest rate and stimuli until unemployment falls below 7%.
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Thursday, August 8th 2013 - 03:10 UTC
Argentina Electoral court urges Congress to revise laws on state advertising in campaign periods
Argentina’s National Electoral Court urged the Congress to revise the laws concerning state advertising in electoral periods so as not to benefit ruling party candidates. There have been several claims that President Cristina Fernandez is going over the line in supporting her candidates.
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Thursday, August 8th 2013 - 03:05 UTC
Argentina central bank turned into state-financing tool: recession and higher inflation forecasted
Argentina is forecasted to fall into recession next year on the back of super-loose money policy with inflation reaching 24% this year and 30% in 2014 as the government continues to appeal to Central bank resources to meet budget commitments, according to London based Capital Economics.
