Stories for July 2014

Tuesday, July 8th 2014 - 08:20 UTC
Leading holdout hedge fund willing to give Argentina more time to negotiate

Elliott Management portfolio manager Jay Newman has revealed that the holdout hedge fund would be willing to give the Argentine government more time to negotiate following the nation's reverse in the US Supreme Court, while criticizing Economy minister Axel Kicillof for not meeting with the so-called 'vulture funds'.
Tuesday, July 8th 2014 - 08:10 UTC
Kicillof meets Pollack requests 'stay' injunction to pay bondholders

Argentine Economy Minister Axel Kicillof held Monday afternoon a meeting that lasted almost four hours with the Special Master appointed by US Judge Thomas Griesa, Daniel Pollack, and requested that an injunction allowing Argentina to pay bondholders be reinstated while negotiations with holdouts developed.
Tuesday, July 8th 2014 - 07:49 UTC
Falklands' Stanley airport prepares for oil and gas exploratory drilling

With increased exploratory drilling activity anticipated in the Falkland Islands next year, and Stanley airport expected to play a leading role, the Falklands government is investing in additional fire-fighting equipment to meet the needs of the helicopters servicing the rigs.
Tuesday, July 8th 2014 - 07:44 UTC
World Cup cleared of doping after more than 1.000 negative tests

Every player tested for drugs at the World Cup in Brazil has been cleared of doping after more than 1,000 tests came back negative, FIFA's medical committee announced on Monday.
Tuesday, July 8th 2014 - 07:35 UTC
FIFA will take no disciplinary action against player who injured Neymar

FIFA will not take action against the Colombia player who injured Neymar and ended the Brazil star's World Cup. FIFA said its disciplinary panel “cannot consider this matter” under the rules because the match referee saw the challenge by Camilo Zuniga and judged it at the time.
Tuesday, July 8th 2014 - 07:25 UTC
“Without Chile's help, we would have lost the Falklands”, says former RAF intelligence

Chile's support for Britain during the Falklands War has been revealed for the first time by the man who was dispatched, with only hours notice, to secure a South American ally, according to an article in the Daily Telegraph credited to Harriet Alexander.
Tuesday, July 8th 2014 - 07:01 UTC
FIFA hospitality's provider arrested over World Cup tickets scalping

Rio do Janeiro state police said Monday they arrested the head of the soccer world governing body's hospitality provider, accusing him of aiding scalpers who illegally resold World Cup tickets worth an estimated 100 million dollars.
Tuesday, July 8th 2014 - 00:08 UTC
IDB loan to help Uruguay with mathematics and English learning at schools

The Inter-American Development Bank (IDB) has approved a 6 million dollars loan to Uruguay to finance the Plan Ceibal II (digital content), which will help to strengthen mathematics learning by 90,000 primary and middle school students and extend English teaching to half of all 4th, 5th and 6th graders in urban public primary schools.
Monday, July 7th 2014 - 23:53 UTC
Sao Paulo metro will have 'ladies only' wagons given sexual harassment complaints

The Sao Paulo Legislative Assembly has approved a bill making it mandatory for regional train and underground companies of have 'pink' wagons, exclusively for ladies at rush hours.
Monday, July 7th 2014 - 23:42 UTC
China economy with moderate growth in medium term, says World Bank

China’s growth will moderate over the medium term as the economy continues to rebalance gradually. Growth is expected to slow to 7.6% in 2014, and 7.5% in 2015, from 7.7% in 2013, according to the World Bank’s China Economic Update latest edition.