Stories for November 2014

Wednesday, November 5th 2014 - 06:19 UTC
Falklands' 1914 German sunken battle ships to be explored by marine archeologist

Historian and renowned Marine Archaeologist, Mensun Bound, has been researching the events surrounding the December 2014 Battle of the Falklands and has secured private funding for a once in a life time expedition.
Wednesday, November 5th 2014 - 05:59 UTC
Republicans take control of the Senate: complicated last two years for Obama

The Republican Party has taken control of the Senate in the US mid-term elections, increasing their power in the final years of President Barack Obama's presidency. After gains in Arkansas, Montana, South Dakota, West Virginia and Colorado, North Carolina clinched victory. Kentucky's Mitch McConnell will become the Senate majority leader.
Wednesday, November 5th 2014 - 05:16 UTC
Chile chosen by World Bank for Latam’s first Research and Development Center

Chile’s Finance Ministry Alberto Arenas, and the World Bank Group (WBG), represented by its Vice President for Latin America and the Caribbean, Jorge Familiar, signed a cooperation agreement to establish in Chile the first Research and Development Center in Latin America, and the second outside Washington, DC.
Wednesday, November 5th 2014 - 04:30 UTC
US reply to Argentina: Soderberg's responsibilities as public servant not linked to bonds' dispute

The US Department of State has backed the appointment of Nancy Soderberg as Chair of the Public Interest Declassification Board (PIDB), saying her “responsibilities” as public servant are “not linked” with Argentina’s dispute with the holdouts, Argentina's Telam news agency reported.
Wednesday, November 5th 2014 - 04:06 UTC
“Mercosur and Pacific Alliance are not contradictory competing blocks”

Mercosur and the Pacific Alliance are not contradictory competing blocks, and can advance towards a mutually beneficial convergence, said Chile's Economy minister Luis Felipe Cespedes during a trade and investment promotion seminar in Brazil.
Wednesday, November 5th 2014 - 03:43 UTC
Argentina appeals Judge Griesa's 'contempt of court' ruling

Argentina on Monday asked the Second Circuit Court of Appeals to overturn a federal judge’s finding that it is in contempt of court for taking steps to evade his orders that bondholders who agreed to debt restructurings can only be paid if holdout hedge funds are also compensated.
Wednesday, November 5th 2014 - 03:34 UTC
Scottish minister explores fisheries and trade opportunities in Chile

Scottish Minister for Environment and Climate Change Paul Wheelhouse visited Puerto Montt and Santiago to strengthen links with Chile on fisheries and climate change. Chile and Scotland have two of the largest global aquaculture industries.
Tuesday, November 4th 2014 - 09:22 UTC
Brazil with the largest trade deficit for October in 16 years

Brazil ran a trade deficit of 1.17 billion last month, the largest shortfall for October in 16 years, the government said on Monday. Imports totaled 19.5bn, while exports amounted to 18.3bn, the Ministry of Development, Industry and Foreign Trade said in a report.
Tuesday, November 4th 2014 - 05:05 UTC
Falklands have a per capita GDP “ten times higher than Argentina”

Argentina's financial daily, El Cronista Comercial has published two articles on the Falkland Islands based on data from the 2014 Statistical Yearbook stating that the Islands enjoy a GDP per capita several times higher than Argentina and that the economy has been expanding at 11% annually since 2008.
Tuesday, November 4th 2014 - 04:53 UTC
Bankers' names for Finance minister in Rousseff's next government

Brazilian banker Luiz Carlos Trabuco Cappi, president of Bradesco, turned down an invitation from president Dilma Rousseff to occupy the Finance ministry as of next January first. According to the Sao Paulo financial publication Valor, there was no insistence on the issue from political sources.