Stories for 2013

Thursday, September 5th 2013 - 02:46 UTC
Cristina Fernandez anticipates she will address ‘vulture funds’ issue at G20 summit

After arriving in Russia for the two-day G20 summit, Argentine President Cristina Fernández stressed she will be addressing the “vulture funds issue” during the summit despite the US rejected to mention it in the final statement.
Thursday, September 5th 2013 - 02:36 UTC
Brazil to probe telecom companies for possible sharing of info with US spies

Brazil will probe telecommunications companies to see if they illegally shared data with the United States National Security Agency after it was found the US had been spying on President Dilma Rousseff. Brazil’s government has accused the US of lying about the NSA’s activities in the country.
Thursday, September 5th 2013 - 02:25 UTC
Brazil’s protests will affect IOC future decisions; Madrid favourite for 2020

International Olympic Committee President Jacques Rogge said his organization and future games hosts must overcome the challenge of convincing the wider public about the benefits of staging sports’ biggest event.
Thursday, September 5th 2013 - 02:20 UTC
Latam/China trade highly vulnerable: raw materials for manufactured goods

Over the past decade China has become a key partner for Latin America and the Caribbean with bilateral trade increasing 22 fold between 2000 and 2012, albeit with a strong deficit for Latin American countries, according to Alicia Bárcena, Executive Secretary of the UN Economic Commission for Latin America and the Caribbean.
Thursday, September 5th 2013 - 02:13 UTC
S&P claims lawsuit is US government ‘retaliation’ for downgrading credit rating

Ratings agency Standard and Poor's (S&P) has claimed the lawsuit filed against it by the US Justice Department was “retaliation” against its decision to downgrade the US's credit rating.
Thursday, September 5th 2013 - 02:06 UTC
Nobel Prize Stiglitz comes out strongly in support of Argentina in bonds litigation

“A recent decision by a United States appeals court threatens to upend global sovereign-debt markets. It may even lead to the US no longer being viewed as a good place to issue sovereign debt. At the very least, it renders non-viable all debt restructurings under the standard debt contracts.
Thursday, September 5th 2013 - 01:59 UTC
Advanced economies taking the global relay from emerging countries, says IMF

Advanced economies led by the United States will increasingly drive global growth while emerging countries are at risk of slowing due to tighter US monetary policy, the IMF said in a note according to Reuters news agency.
Thursday, September 5th 2013 - 01:52 UTC
Brazil congress tries to contain public opinion fury and ends secret voting system

Brazil's lower house has voted on Wednesday to end the system of secret voting in the national legislature. That's been a main demand from anti-government protesters who've taken to streets since June. And it was one of the five specific reform items that President Dilma Rousseff told lawmakers to pass to meet demonstrators' demands.
Thursday, September 5th 2013 - 01:48 UTC
Chilean economy slowing but still vigorous with growth ranging of 4% to 4.5%

Chile's central bank cut its forecast range for 2013 GDP growth but maintained inflation and domestic demand predictions as the effects of a slowdown hitting copper demand are moderated by consumer spending.
Thursday, September 5th 2013 - 01:36 UTC
”The majority of ministers of Piñera’s government are all children of Pinochet”

A prominent backer of the 1973 military coup against elected President Salvador Allende said that General Augusto Pinochet betrayed those who supported the putsch out of patriotic sentiments. Roberto Thieme, a founder of the nationalist Homeland and Freedom movement, known as PyL, spoke out a week before the 40th anniversary of Allende's bloody ouster in an interview with Radio Cooperativa.