Stories for 2013

Tuesday, September 10th 2013 - 00:42 UTC
BRICS agree on a 100bn ‘financial firewall’ in anticipation of ‘currency shocks’

BRICS nations (Brazil, Russia, India, China and South Africa) have agreed to a 100 billion dollars currency reserve pool as a “financial firewall” in anticipation of liquidity strains and ‘currency shocks’ as the United States Federal Reserve moves to reduce monetary stimulus.
Tuesday, September 10th 2013 - 00:37 UTC
Paraguayan president Cartes visits Cristina Fernandez in Buenos Aires

Paraguayan president Horacio Cartes is expected in Buenos Aires on Tuesday, following an invitation from his Argentine peer Cristina Fernandez, which will be his first overseas bilateral trip since taking office 15 August.
Tuesday, September 10th 2013 - 00:29 UTC
The figure of Pinochet forty years later still divides Chile

Chile's conservative government and center-left opposition held separate events on Monday in the capital Santiago to mark the 40th anniversary of the bloody coup that ushered in 17 years of harsh military rule under the late Gen. Augusto Pinochet.
Tuesday, September 10th 2013 - 00:23 UTC
Silvio Berlusconi’s fate has the Italian coalition (and economy) on the edge

Silvio Berlusconi continues to prevail in Italian politics as a close ally warned on Monday that his party could pull out of Prime Minister Enrico Letta's government if a Senate committee refuses to delay a decision on whether to expel the media mogul from parliament.
Tuesday, September 10th 2013 - 00:18 UTC
Huge political display in support for Gibraltar on its National Day

Representatives from British Overseas Territories including Falkland Islands lawmaker Ian Hansen as well as a cross-party delegation of British MPs were welcomed on Sunday by Gibraltar Chief Minister Fabian Picardo.
Monday, September 9th 2013 - 02:42 UTC
Does Cristina Fernandez have time to combat the scourges of insecurity and inflation?

In 2006 a year before Cristina Fernandez took office as president for the first time, Argentine public opinion was concerned with unemployment (25%) and insecurity (25%) while corruption stood at 5% and inflation 1%. However seven years later insecurity and inflation are paramount with 34% and 13%, corruption 8% and employment concern is down to 7%.
Monday, September 9th 2013 - 02:36 UTC
Argentina, Uruguay and Venezuela fall dramatically in WEF Competitiveness ranking

The World Economic Forum Competitiveness report published last week shows Latinamerica is loosing ground in the world economy and the three countries which most plunged in the ranking in the last twelve months were: Venezuela, Argentina and Uruguay.
Monday, September 9th 2013 - 02:33 UTC
Former foreign minister Taiana returns to politics next to Cristina Fernandez

Argentine former foreign minister Jorge Taiana was named candidate to lead President Cristina Fernandez’ Victory Front to the Buenos Aires City Legislature. Although Taiana’s name had been rumoured, the move was the biggest surprise in the countdown to the Saturday midnight deadline to register candidates to run in October’s mid term election.
Monday, September 9th 2013 - 02:29 UTC
Cristina Fernandez now refers to the IMF chief as “Madame (Christine) Lagarde”

IMF Managing Director ‘Madame (Christine) Lagarde’ had words of support for Argentina’s position in the dispute with ‘vulture’ (hedge) funds during an informal encounter with Argentine officials on the sidelines of the recent G20 summit in Russia.
Monday, September 9th 2013 - 02:19 UTC
Falklands’ Premier Oil joins Argentina’s ‘black list’ of companies ‘illegally’ operating in Malvinas waters

United Kingdom’s Premier Oil PLC has been incorporated to the black list of companies banned by Argentina from operating in the country because of its hydrocarbons ‘illegal and clandestine’ activities in the continental shelf next to the Malvinas Islands without the competent authorization.