Stories for 2014

Wednesday, August 6th 2014 - 00:20 UTC
Hanover TUI line orders new vessels as Germany is set to become Europe's main cruise market

Germany's TUI Cruises, a joint venture of TUI AG and Royal Caribbean Cruises Ltd. are planning to spend as much as 2 billion Euros for four new vessels to meet increased European demand for cruise holidays. TUI Cruises expects Germany to overtake the UK as Europe's largest cruise market.
Wednesday, August 6th 2014 - 00:12 UTC
Paraguay sells 1 billion dollars in 30-year sovereign bonds

Paraguay sold 1bn (one billion) dollars in 30-year bonds on Monday in New York, its second international debt issue in less than two years. President Horacio Cartes said in a statement that the issue's 6.1% yield is unprecedented for the country, and that the proceeds will be used for highway, building and energy infrastructure, as well as agricultural production.
Wednesday, August 6th 2014 - 00:04 UTC
UK only Muslim minister resigns protesting 'morally indefensible' policy in Gaza

Sayeeda Warsi, a senior minister in Britain's Foreign Office, resigned on Tuesday, accusing Prime Minister David Cameron's government of taking a “morally indefensible” approach to the conflict between Israel and Hamas.
Tuesday, August 5th 2014 - 07:14 UTC
Argentina planning to question Judge Griesa before the International Court of Justice

Argentina's Legal and Technical Secretary to the Presidency Carlos Zannini is overseeing a group of experts in international law as they draft the suit the government of President Cristina Fernandez will file against US Judge Thomas Griesa’s ruling on full repayment to holdout bondholders at International Court of Justice in the Hague, according to Noticias Argentinas-
Tuesday, August 5th 2014 - 07:10 UTC
Cristina Fernandez pledges “to adopt the most suitable measures for Argentina”

Argentine President Cristina Fernandez said on Monday that she would only take decisions that benefitted the overall health and stability of the Argentine state, as she called on the country to defend the achievements of the last 10 years.
Tuesday, August 5th 2014 - 07:03 UTC
Iran officials admit supplying missile technology to Hamas to wipe out Israel

Two senior Iranian officials told an Arabic-language television channel on Monday that Tehran has supplied missile technology to Hamas for its fight against Israel. Revolutionary Guard commander Mohammad Ali Jafari warned in an interview with the Arabic channel of Iran's state Al-Alam television that Palestinian resistance to Israeli aggression is “endless and growing.”
Tuesday, August 5th 2014 - 06:58 UTC
World Bank pledges 200 million dollars to combat the West Africa Ebola epidemic

With the latest death toll from the West Africa Ebola epidemic now at 887, the World Bank Group pledged on Monday as much as 200 million dollars in emergency funding to help Guinea, Liberia, and Sierra Leone contain the spread of Ebola infections, help their communities cope with the economic impact of the crisis, and improve public health systems throughout West Africa.
Tuesday, August 5th 2014 - 06:54 UTC
Griesa praises Pollack's 'great skill” and reveals he directed the use of 'default'

U.S. District Judge Thomas Griesa on Monday turned back an effort by Argentina's government to remove the court-appointed mediator in the dispute with creditors that triggered a 'selective default' situation by the country last week. He also revealed that the default condition was at his direction and was 'accurate'.
Tuesday, August 5th 2014 - 06:50 UTC
Barcena anticipates that Argentina will probably have negative growth in 2014

Argentina's economy probably will contract in 2014, the head of the United Nation's body for Latin America and the Caribbean, ECLAC said on Monday, as fallout from a new sovereign debt crisis will keep the country out of money markets.
Tuesday, August 5th 2014 - 06:42 UTC
Food loss and waste in Latam could feed the region's 47 million hungry

In Latin America and the Caribbean more food is lost and wasted than is needed to meet the nutritional needs of the 47 million people who still suffer from hunger in the region, according to FAO. The report Losses and waste of food in Latin America and the Caribbean of the FAO Regional Office says that 6% of global food losses occur in the region.