Stories for 2014

Friday, July 18th 2014 - 07:45 UTC
Brazil leaves basic interest rate unchanged at 11%; no surprises expected ahead of October election

Brazil held interest rates unchanged for a second straight time this week but did not commit to keeping them stable for long as inflation remains high in Latin America's top economy. The Brazilian economy performance is anemic and next October president Dilma Rousseff is bidding for re-election.
Friday, July 18th 2014 - 07:32 UTC
US confirms six Guantanamo prisoners will be transferred to Uruguay

President Barack Obama's administration has discretely notified Congress of its intention to transfer to Uruguay six prisoners from the U.S. base in Guantanamo, Cuba, according to the State Department.
Friday, July 18th 2014 - 07:21 UTC
Falklands' de-mining plans for next two seasons funded by FCO

The Falkland Islands will be seeing further de-mining over the next two summer seasons funded by the Foreign and Commonwealth Office (FCO) that will also carry out a tender process for the works, according to a report from Penguin News.
Friday, July 18th 2014 - 05:39 UTC
Malaysia jet killing 298 was apparently downed by Ukrainian separatists

A suspected Russian-made surface-to-air missile downed a Malaysia Airlines jet in a separatist-controlled corner of eastern Ukraine on Thursday, prompting the Kiev government to denounce an “act of terror” that killed all 298 people on board.
Thursday, July 17th 2014 - 07:27 UTC
BRICS development bank HQ in Shanghai and India will hold the presidency

The first president of the BRICS group New Development Bank will be from India and the position will rotate every five years among Brazil, Russia, India, China and South Africa, said a joint statement from the leaders said.
Thursday, July 17th 2014 - 07:20 UTC
CFK says BRICS support Argentina in the holdouts dispute, but where’s the document?

President Cristina Fernandez assured that Argentina received the support from the group of BRICS countries (Brazil, Russia, India, China and South Africa) in its struggle against the holdout speculative funds, during the two summits held in Brazil, in Fortaleza and Brasilia.
Thursday, July 17th 2014 - 07:14 UTC
CFK admits having to pay 300% profit on holdouts’ dollars, but never 1.680% as pretended

Argentine President Cristina Fernández rejected on Wednesday the possibility of a new default during the UNASUR-BRICS meeting in Brasilia, highlighting Argentina is going to “keep on paying and honoring its debt,” while asking for support against the “so called vulture funds,” who are “pretending to collapse the Argentine debt restructuring.”
Thursday, July 17th 2014 - 06:49 UTC
Judge warns Argentine VP of impeachment if he does not turn up for questioning

Argentine Vice-president and acting president while Cristina Fernandez is off to Brazil, and who was summoned this week for a hearing in a criminal probe for alleged irregularities in the purchase of a vehicle, was granted another seven days, but if he does not turn up Federal Judge Claudio Bonadio will ask Congress for his impeachment.
Thursday, July 17th 2014 - 06:36 UTC
Argentine Congressional index inflation: 2.2% in June and 39.9% in six months

Inflation in Argentina during the month of June reached 2.2% accumulating 39.9% in the first half of the year, according to the average of private consultants, which is also identified as the Congressional index. The announcement comes a few hours after the official rate from the Indec stats office was released, 1.3% and 15%.
Thursday, July 17th 2014 - 06:30 UTC
Uruguay fisheries exports reach 33.921 tons in first half of the year

Uruguay fisheries exports during the first half of the year reached 33.921 tons, which represent a 13.2% increase over the same period a year ago, while in money terms sales totaled 76.6 million dollars, up 17.7%, according to the latest release from Aquatic Resources National Office, DINARA, published in the official government portal.