Stories for January 28th 2014

Tuesday, January 28th 2014 - 22:44 UTC
Hedge fund CEO says that dispute with Argentina could be settled 'in an afternoon'

Paul Singer, CEO of hedge fund Elliott Management Corporation and who is litigating Argentina demanding full payment of defaulted bonds described Argentina's government policies as 'horrendous' and stated that 'talking' he could settle the dispute 'in an afternoon'.
Tuesday, January 28th 2014 - 22:38 UTC
Maduro wants Puerto Rico to join Celac, a territory 'free of colonies'

President Nicolás Maduro described the current CELAC summit in Havana as historic and revealed Venezuela has proposed that the group's territories be considered 'free of colonies' and thus invites Puerto Rico to formally join Celac (Community of Latin American and Caribbean state).
Tuesday, January 28th 2014 - 21:58 UTC
World Cup infrastructure delay is “a joke” says Brazil assistant coach

A Brazil assistant coach says it is “a joke” that the country’s government took so long to begin the infrastructure work needed for this year’s World Cup which is scheduled to begin in June.
Tuesday, January 28th 2014 - 21:12 UTC
Cuba opens Celac summit and warns against 'foreign interference'

The President of Cuba Raúl Castro warned against the “foreign interference” suffered by Latin America and the Caribbean region at the Tuesday opening of the Community of Latin American and Caribbean States (CELAC) summit in Havana, which brought together representatives from the 33-nation group.
Tuesday, January 28th 2014 - 19:48 UTC
HMS Portland begins her Atlantic deployment visiting England's centuries old ally Portugal

HMS Portland has called into the Portuguese capital, the first stop of her Atlantic deployment that will take her to the Falkland Islands, South Georgia.
Tuesday, January 28th 2014 - 19:20 UTC
Anglo-Colombian defense conference onboard HMS Richmond in Cartagena

The third annual Anglo-Colombian Strategic Defense Conference was held this week onboard HMS Richmond in Cartagena. The Portsmouth based type 23 returning from her Atlantic deployment also supported Defense and Security Industry Day while alongside in the Colombian port.
Tuesday, January 28th 2014 - 17:57 UTC
What can the U.S. learn from Latin America’s declining inequality?

By Heraldo Muñoz (*) - President Obama recently declared that inequality is “the defining challenge of our age.” When inequality is becoming a growing debate in the United States, what lessons can be drawn from Latin America, which — although still highly unequal — is the only region that managed to reduce income inequality in the last decade?
Tuesday, January 28th 2014 - 06:41 UTC
UN highest court settles maritime dispute: pride for Peru, rich fisheries remain for Chile

The United Nations’ highest court set a maritime boundary between Chile and Peru on Monday that grants Peruvians a bigger piece of the Pacific Ocean while keeping rich coastal fishing grounds in the hands of Chilean industry. Despite high emotions over the dispute, the ruling is expected to have little effect on cordial ties between the two neighbors whose economic interdependence has grown greatly in recent years.
Tuesday, January 28th 2014 - 05:56 UTC
Three crucial ministries in Chilean president elect Bachelet cabinet

Chile’s President-elect Michelle Bachelet ended weeks of speculation about the composition of her Cabinet as she prepares to re-take the presidency on March 11 following her overwhelming win with her New Majority coalition in December 2013. Three ministries will be crucial if Bachelet is to keep her education reform program: Education, Finance and Interior.
Tuesday, January 28th 2014 - 05:45 UTC
Fears that a drifting Russian cruise vessel, full of rats, could reach UK shores

An abandoned cruise ship allegedly brimming with cannibal rats, which has been drifting in the Atlantic Ocean for around 12 months might end up in the shores of Great Britain. According to experts, the Russian liner Lyubov Orlova that once carried 100 passengers, might drift on the west coast of Cornwall, Scotland, or Ireland.