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Montevideo, December 4th 2024 - 08:46 UTC

Stories for November 2014

  • Saturday, November 1st 2014 - 04:28 UTC

    Fitch ratings lowers Argentina Par bonds under foreign law to “D”

    “Economic conditions have deteriorated significantly in 2014, with GDP expected to post a -1.9% contraction this year”, Mosquera, Fitch's Latam Director

    Fitch ratings on the last day of October downgraded Argentina's Par bonds issued under Foreign Law to 'D' from 'C', after the country failed to complete an interest payment, raising the risk that creditors could demand that its cash-strapped government immediately repay all of its debt.

  • Saturday, November 1st 2014 - 04:22 UTC

    Creation of Antarctica marine protected areas blocked by China and Russia

    “Appalling attitude” from China and Russia ignoring majority of CCAMLR, said Mark Epstein, from Antarctic and Southern Ocean Coalition (ASOC).

    The Commission for the Conservation of Antarctic Marine Living Resources (CCAMLR) has again failed to agree to protect key areas in the Ross Sea and East Antarctica at its annual meeting in Hobart due to blocking by China and Russia. The partners of the Antarctic Ocean Alliance (AOA) said that this failure to reach consensus for the fourth time calls into question CCAMLR’s ability to deliver on its conservation commitments.

  • Saturday, November 1st 2014 - 04:08 UTC

    BBC refuses to make apology about Top Gear row in Argentina

    The controversial Porsche with the registration H982 FKL, which some suggested could refer to the UK/Argentina Falklands 1982 conflict

    The BBC has refused to apologize to Argentina over a Top Gear special filmed in the country. The show's stars and crew had to abandon filming last month amid angry protests over a car number-plate that appeared to refer to the Falkland Islands War.

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