Stories for July 4th 2014

Friday, July 4th 2014 - 07:47 UTC
Kicillof confirms meeting of Argentine delegation with mediator Pollack

Economy minister Axel Kicillof has confirmed that Argentina would enter talks with mediator 'Special Master' Daniel Pollack over the legal battle currently raging between the nation and holdout hedge funds as 'vulture funds', while clarifying that those funds would not be present.
Friday, July 4th 2014 - 07:39 UTC
Argentine car production and exports fall, impacting on trade with Brazil

Argentina's vehicle production reached 50,904 units in June according to the Automobile Factory Association (ADEFA), 19.8% less than the 63,461 units manufactured in the same month of 2013. Taking into account the first 6 months of 2014, production fell 21.8% compared to the same period of 2013.
Friday, July 4th 2014 - 07:17 UTC
Falklands' praise for Cobos' visit: 'at least he will have a better understanding of the Islands'

The former Argentine vice-president and presidential hopeful Julio Cleto Cobos who visited the Falklands this week will at least have a better understanding of the Islands commented Member of Legislative Assembly Phyl Rendell on behalf of the Assembly Thursday.
Friday, July 4th 2014 - 07:00 UTC
Tragic overpass collapse resurfaces Brazil's World Cup spending controversy

Concerns over Brazil's World Cup preparations took a deadly turn on Thursday after a partially finished highway overpass collapsed on a road below, killing at least two people and wounding at least 23 others in Belo Horizonte, according to state health officials.
Friday, July 4th 2014 - 06:50 UTC
Draghi pledges monetary stimuli to revive the economy and avoid deflation

European Central Bank president Mario Draghi reiterated on Thursday that he'll keep interest rates low as officials try to revive the region's economy with a new round of emergency measures.
Friday, July 4th 2014 - 06:34 UTC
US unemployment down to 6.1% and the Dow Jones at 17.000 for first time

US economy added 288,000 jobs in June, latest figures from the Bureau of Labor Statistics have shown. The unemployment rate dropped to 6.1%, its lowest level since September 2008.
Friday, July 4th 2014 - 06:18 UTC
EC visit and review of Gibraltar/Spain border welcomed by Minister Lidington

UK Minister for Europe David Lidington welcomed Thursday’s return visit to Gibraltar by the European Commission to review progress towards addressing delays at the Gibraltar-Spain Border. Lidington recently visited Gibraltar to check the situation at the border and incursions by Spanish vessels of the Rock's waters.
Friday, July 4th 2014 - 06:00 UTC
OAS supports Argentina on hedge funds issue; Timerman regrets “US attitude”

The Organization of American States (OAS) voted on Thursday to support Argentina’s position against holdout investors, as well as expressing concern over what the entity called “the behavior of speculative agents that affect global financial stability.”
Friday, July 4th 2014 - 05:50 UTC
Cobos' party question his military friend visiting the Falklands next to him

Argentina' Radical party national committee (UCR) took distance from the trip to the Falklands/Malvinas of lawmaker Julio Cleto Cobos and underlined that the visit of the former governor from Mendoza province was “something personal” and in no way involves 'institutionally' the party.