Stories for 2013

Sunday, June 16th 2013 - 13:55 UTC
IMF calls for ‘timely’ unwinding of US stimuli program fearing markets’ volatility

The International Monetary Fund cautioned on the possible risks of the United States ‘non timely’ unwinding of the stimuli program implemented by the Federal Reserve and the collateral effects that such a policy could have on emerging economies, as those in Latinamerica.
Sunday, June 16th 2013 - 13:40 UTC
US recovery ‘more durable’ but must restore ‘long run fiscal sustainability’ says IMF

United States could spur growth by adopting a more balanced and gradual pace of fiscal consolidation, especially at a time when monetary policy has limited room to support the recovery further, the International Monetary Fund said after wrapping up its annual review of the world’s largest economy.
Sunday, June 16th 2013 - 13:33 UTC
Redesigned 100 dollar note begins circulation next 8 October, says Fed

The Federal Reserve Board on Wednesday announced that the redesigned 100 dollar note will begin circulating on 8 October 2013. This note, which incorporates new security features such as a blue, 3-D security ribbon, will be easier for the public to authenticate but more difficult for counterfeiters to replicate.
Sunday, June 16th 2013 - 10:31 UTC
Falklands: Irish lawmakers support UN Resolution 2065 and dismiss recent referendum

Irish lawmakers expressed support for the compliance of UN Resolution 2065 which acknowledges the Argentine/UK Falkland Islands dispute and dismissed any International law consequences from the recent referendum held in the Falkland Islands ratifying British sovereignty, according to Argentine legislators that were received at the parliament in Dublin.
Saturday, June 15th 2013 - 13:56 UTC
Falklands: “British sovereignty over the Islands as such, is not accepted by the European Parliament”

“British sovereignty over the Malvinas Islands as such is not accepted by the European Parliament”, according to a visiting delegation of EU lawmakers who met with their Argentine peers in Buenos Aires.
Saturday, June 15th 2013 - 04:10 UTC
Simultaneous raids in Argentina, Chile and Uruguay after links between football transfers and money laundering

An estimated 150 search warrants were simultaneously implemented in Argentina, Uruguay and Chile in financial institutions, football clubs and players’ representatives looking for evidence on an organization dedicated to money laundering through the sale of soccer players.
Saturday, June 15th 2013 - 04:06 UTC
Greeks and Spaniards move north in growing numbers looking for jobs, says OECD

Greeks and Spaniards are moving to northern Europe in growing numbers, the Organization for Economic Cooperation and Development (OECD) said this week, as soaring unemployment rates and fiscal austerity erode living standards in the south.
Saturday, June 15th 2013 - 04:01 UTC
Brazil bus-fares protests extend with hundreds arrested and dozens wounded

More than a hundred people were arrested and dozens wounded as police in Sao Paulo clashed with activists on Thursday night in the latest and most rowdy in a rising tide of protests against bus, metro and train fare increases in Brazil.
Saturday, June 15th 2013 - 03:56 UTC
FIFA expresses ‘full confidence’ Brazil can manage disorders in the streets

After violent protests in three cities heading into the warm-up event for the 2014 World Cup, FIFA expressed ''full confidence'' on Friday that Brazilian authorities have shown they can manage disorder in the streets.
Saturday, June 15th 2013 - 02:39 UTC
Duchess of Cambridge christened the new “Royal Princess” in Southampton

Kate Middleton christened the new ‘Royal Princess’ cruise ship in a ceremony in Southampton. The Duchess officially named the ship as she stood on the naming platform with the ship's Captain Tony Draper. “I name this ship Royal Princess. May God bless her and all who sail in her,” Middleton said. She then cut the rob that sent a bottle of Moet & Chandon champagne crashing into the ship, officially welcoming the new ship into the fleet of Princess Cruises.