Stories for 2014

Thursday, July 17th 2014 - 06:24 UTC
Brazil looking ahead to another year of record grains crop: 192.5 million tons

Brazil which has become one of the world’s food powerhouses is forecasting a record harvest of 192.5 million tons of grains, up 2.3% over the previous period, according to the latest report from the Brazilian Stats and Geography Institute, IBGE.
Thursday, July 17th 2014 - 06:15 UTC
Judge Griesa to hear arguments from banks caught in Argentina/holdouts case

US District Judge Thomas Griesa in New York said on Wednesday that he would hear arguments on July 22 related to the banks and payment agents caught up in the Argentine sovereign debt litigation with holdout speculative funds.
Thursday, July 17th 2014 - 05:49 UTC
Holdout funds claim in ads campaign that Argentina is choosing default scenario

The American Task Force Argentina (ATFA), the group the government of President Cristina Fernandez has officially accused of being funded by same holdout creditors suing Argentina over its defaulted bonds, has resumed its advertisement campaign against Buenos Aires now saying the Kirchner administration is actually “choosing” a default scenario.
Thursday, July 17th 2014 - 05:39 UTC
“K” economist claims holdout hedge funds are after Argentina’s shale resources

The holdout speculative funds or “vulture funds” are going after Argentina’s resource-rich Vaca Muerta region and are seeking to threaten the government with a “technical default” scenario, economist Agustín D’Atellis.
Thursday, July 17th 2014 - 05:24 UTC
Brazil’s main October presidential battle will take place in Sao Paulo

When opposition party Senator Aecio Neves officially kicked off his presidential campaign last week, he posted a video on Facebook calling for a “fairer, more efficient, and more generous Brazil”. However the word ‘efficient’ struck some as an odd rallying cry in a tropical country known for its, well, un-Swiss-like approach to time.
Wednesday, July 16th 2014 - 09:19 UTC
Amazing new invention from UK business ready to save the Southern Ocean’s Albatross

Globally, an albatross dies on a fishing hook every 5 seconds. Since working with Falklands Conservation from 1996-2005, biologist Becky Ingham has wanted to help prevent the decline of these iconic birds. The Hookpod is a clever new invention that catches fish, not birds and here Becky tells us how ot works.
Wednesday, July 16th 2014 - 08:05 UTC
IBSA, as important if not more than BRICS for India

Prime Minister Narendra Modi is visiting Brazil to attend the Sixth BRICS summit in Brazil on 15-16 July. During his meeting with President Dilma Rouseff, PM Modi will review the bilateral relations with Brazil with which India is committed to a strategic partnership.
Wednesday, July 16th 2014 - 08:00 UTC
June inflation in Argentina reached 1.3% and 15% in the first half of 2014

June inflation in Argentina reached 1.3%, accumulating 15% in the first six months of the year, according to a release from the country’s stats office Indec. The release also revealed the wholesale prices had increased 1.5% in June, while locally-made products saw rises of 1.5%.
Wednesday, July 16th 2014 - 07:53 UTC
Hammond pledges new relationship with EU, reflecting the concerns of the British people

Incoming Foreign Secretary Philip Hammond praised his predecessor and promised to lay the ground for “a new relationship between Britain and the EU; one that promotes our national interest and reflects the concerns of the British people”.
Wednesday, July 16th 2014 - 07:49 UTC
”The rescue of the euro was necessary but was weak on the social side”, admits Juncker

Germany’s candidate, Luxembourg’s Jean-Claude Juncker was elected on Tuesday President of the European Commission by a strong majority of 422 votes in the European Parliament plenary session. After being proposed as candidate for Commission President by the European Council on 27 June 2014, Juncker needed a majority of 376 votes in the European Parliament.