Stories for 2013

Saturday, March 2nd 2013 - 08:08 UTC
Battling the Justice system, Cristina Fernandez main political battle this year

Reforming or democratizing the Argentine Justice system and the Supreme Court is forecasted to become the main political battle of this year, according to Rosendo Fraga a low profile Argentine historian and a sharp political analyst.
Saturday, March 2nd 2013 - 08:03 UTC
Obama signs spending cuts after no agreement is reached with the Republicans

US President Barack Obama has signed into effect a wave of steep spending cuts which he has warned could damage the US economy. The cuts - known as the sequester and drawn up two years ago will take 85bn dollars from the US federal budget this year.
Saturday, March 2nd 2013 - 07:55 UTC
Argentina offers to pay ‘holdouts’ but on same terms as those who accepted debt restructuring

President Cristina Fernández defended on Friday her debt reduction policies and blasted the so-called vulture funds and multilateral organizations but also admitted Argentina was willing to pay holdouts on the same conditions that those who accepted the 2005 and 2010 debt restructuring.
Saturday, March 2nd 2013 - 07:46 UTC
“We want sovereignty over the Malvinas, but in peace”, Cristina Fernandez tells Congress

Argentine president Cristina Fernandez again called on the UK to hold talks over the sovereignty of the Falklands/Malvinas Islands during her address to Congress on Friday when she delivered the ‘State of the Nation’ speech and formally opened the 131st legislative sessions.
Friday, March 1st 2013 - 16:05 UTC
IAG insists Iberia “must adapt to survive”; forecasts profit this year

British Airways parent International Consolidated Airlines Group (IAG) has pledged to push through a plan to shrink Spanish arm Iberia by 15% and deliver a profit rebound this year following a group-wide loss last year.
Friday, March 1st 2013 - 14:21 UTC
Markets fear Argentina could be en route to a ‘technical’ default

“We are representing a government, and governments will not be told to do things that fundamentally violate their principles” lawyer Jonathan Blackman told the Manhattan US appeals court.
Friday, March 1st 2013 - 13:29 UTC
Euro-zone unemployment reaching 12%; Greece and Spain above 26%

Unemployment in the Euro zone reached a new high of 11.9% in January, as an additional 201,000 people joined the jobless ranks in the crisis-battered bloc, latest data showed Friday. The unemployment rate has been increasing relentlessly since the middle of 2011.
Friday, March 1st 2013 - 06:39 UTC
Be careful: Russia is back to stay in the Middle East

Russia is back. President Vladimir Putin wants the world to acknowledge that Russia remains a global power. He is making his stand in Syria. The Soviet Union acquired the Tartus Naval Port in Syria in 1971 without any real purpose for it. With their ships welcomed in Algeria, Cuba or Vietnam, Tartus was too insignificant to be developed. After the collapse of the Soviet Union, Russia lacked the funds to spend on the base and no reason to invest in it.
Friday, March 1st 2013 - 02:08 UTC
Ban Ki-moon calls for a more inclusive dialogue on decolonization

With the world undergoing a “great transition,” it is time for a new kind of inclusive dialogue about decolonization, Secretary General Ban Ki-moon said, calling for fresh approaches to resolve the situations of the remaining 16 Non-Self-Governing Territories.
Friday, March 1st 2013 - 02:01 UTC
Political challenges for the ambitious US-EU trade agreement to ensure Western preeminence

US-EU plans to join forces via a free-trade agreement are taking on shape. During his Berlin visit, US Secretary of State John Kerry described the planned pact as a priority for President Barack Obama's second term and marked out the agreement as a key element in cementing transatlantic ties.