Stories for 2014

Wednesday, July 16th 2014 - 07:42 UTC
Malvinas: Argentine senator proposes shared sovereignty with Latam for 30 years

An Argentine Senator has stated that the solution to the Falklands/Malvinas dispute is a period of shared sovereignty, with Latin American support and guarantees, before the Islands are finally handed over to Argentina.
Wednesday, July 16th 2014 - 01:10 UTC
BRICS sign deal to create development bank and an emergency reserve fund

The leaders of the group of five BRICS emerging market countries signed on Tuesday a deal to create a new development bank and an emergency reserve fund, Brazil's President Dilma Rousseff announced at a summit of the group in the Brazilian city of Fortaleza.
Wednesday, July 16th 2014 - 01:06 UTC
US economy recovering but “too many Americans remain unemployed”

The US economic recovery remains incomplete, with a still-ailing job market and stagnant wages justifying loose monetary policy for the foreseeable future, Federal Reserve Chair Janet Yellen told a Senate committee on Tuesday.
Wednesday, July 16th 2014 - 00:59 UTC
Euro-skeptic tainted cabinet with Philip Hammond as Foreign Secretary

British Prime Minister David Cameron pushed through his biggest government shake-up since coming to power in 2010, promoting Euro-skeptics to senior roles ahead of a national election in May next year, among them former defense minister and prominent Euro-skeptic Philip Hammond.
Tuesday, July 15th 2014 - 07:19 UTC
Putin and Rousseff discussed doubling bilateral trade ahead of BRICS summit

Brazilian president Dilma Rousseff and her Russian counterpart Vladimir Putin have restated their aim of doubling bilateral trade between the two nations to a value of 10 billion dollars a year, in a meeting held a day before the sixth summit of the BRICS group on Tuesday.
Tuesday, July 15th 2014 - 07:07 UTC
Holdouts call on Argentina to settle debt payments and recall 30 July deadline

Aurelius Capital Management, one of the lead holdout creditors seeking to settle with Argentina over sovereign debt payments from its 2002 default, said on Monday the Argentine government faced a new crisis on July 30 unless it engages in real talks.
Tuesday, July 15th 2014 - 06:55 UTC
Alleged illegal World Cup ticket sales chief surrenders to judge in Brazil

The British boss of a FIFA partner firm being investigated over alleged illegal World Cup ticket sales has surrendered to a judge in Brazil. Police had tried to arrest Ray Whelan four days ago but he was not at his exclusive Rio de Janeiro hotel. Mr. Whelan, director of Match Hospitality, denies any wrongdoing.
Tuesday, July 15th 2014 - 06:49 UTC
Citigroup agrees to pay 7bn dollars to settle sub-prime mortgages investigation

Banking giant Citigroup will pay 7bn dollars to US authorities to settle an investigation into risky sub-prime mortgages. Citigroup will pay 4bn to the Department of Justice and 2.5bn for “consumer relief”.
Tuesday, July 15th 2014 - 06:42 UTC
Chinese president Xi arrives in Fortaleza for the BRICS summit

Chinese President Xi Jinping arrived on Monday to Fortaleza, Brazil for a summit of the BRICS countries. The sixth summit of the BRICS, which consists of Brazil, Russia, India, China and South Africa, will be held in Brazil from Tuesday to Wednesday.
Tuesday, July 15th 2014 - 06:15 UTC
Hague stepping down as Foreign Secretary; Hammond apparent replacement

William Hague is stepping down as UK Foreign Secretary, the government said on Monday, as Prime Minister David Cameron reshuffled his cabinet in an apparent attempt to build a winning team for the general election in May next year.