New York Judge Thomas Griesa has ruled against Argentina's request to dismiss a lawsuit over the Central Bank (BCRA) reserves, which if upheld could allow holdout creditors to seize assets belonging to the country.
The Falkland Islands elected Legislative Assembly was dissolved on Thursday by Governor Nigel Haywood in advance of the General Election scheduled to be held on November 7.
The Pacific Alliance made its official presentation in New York before 200 business people and investors, mostly from the US, with four top anchor men: the presidents of Chile, Peru and Colombia and Mexico’s foreign trade minister since head of state Enrique Peña Nieto had to remain in the country because of the catastrophic floods.
President Mariano Rajoy making the round of financial media in New York this week, said Spain had emerged from recession in the third quarter with estimated economic growth of 0.1% to 0.2% forecast and 0.5% to 1% in 2014.
Addressing the UN General Assembly Spanish President Mariano Rajoy described the Gibraltar situation as a ‘colonial anachronism’ and criticized UK’s dialogue denial attitude on the Rock’s sovereignty. The speech comes at a tense moment in Gibraltar and Spain relations, but according to the Madrid press, Rajoy was less forceful than expected.
Wider use of available best practices and technologies could help reduce greenhouse gas emissions from the livestock sector by as much as 30%, according to a new study released on Thursday by the United Nations Food and Agriculture Organization, FAO.
By R. Viswanathan (*) - India should take its cue from Brazil and invest in ethanol as a viable commercial substitute for costly petrol.
Argentina and Spain agreed on Thursday to team up to pressure Britain to discuss their separate claims on British territories: the Falklands in the south Atlantic and Gibraltar near the southern tip of Spain.
Argentina is on track to harvest more wheat this season as greater acreage and coming warm weather should offset any yield loss caused by recent frosts that hit in the last days of the Southern Hemisphere winter.
The Brazilian industrial federation on Wednesday upped its 2013 growth forecast to 1.4% from 1% and its GDP growth projection from 2% to 2.4%. But, despite the better data, the National Confederation of Industry (CNI) urged caution. The improved economic outlook is no guarantee of a strong growth rate, it said.