Stories for 2014

Thursday, September 18th 2014 - 05:46 UTC
US dollar at new record in Argentina; Kicillof blames 'holdouts' and the US embassy

The informal rate of the US dollar hit a new historic peek on Wednesday in Argentina, breaking the 15 pesos barrier and closing at 15.10 pesos, pushed by rate speculation, and following yesterday’s sharp 25-cents climb. Economy minister Axel Kicillof blamed the 'holdouts' and the US embassy for the latest surge.
Thursday, September 18th 2014 - 05:30 UTC
Fed evasive about when it will begin to raise interest rates, “considerable time”

The US Federal Reserve has reiterated that it will raise interest rates once a “considerable time” has passed after its stimulus program ends in October. The announcement came at the end of a two-day meeting of the central bank's policy committee in Washington DC.
Thursday, September 18th 2014 - 05:14 UTC
Philip Morris determined to make its legal battle over cigarette labeling with Uruguay, a lesson for other countries

Whether you’re a Marlboro man or a Benson & Hedges smoker, if you pick up a pack in the South American nation you will be greeted by an image of decaying teeth, premature babies, horrific hospital scenes or some other terrifying scenario.
Thursday, September 18th 2014 - 05:03 UTC
Falklands oil company is ready to begin drilling at the end of 2015 first quarter

Falkland Oil and Gas Limited (FOGL) reported this week that it is making progress with its preparations for its next drilling campaign, which is scheduled to start during the first quarter of 2015 off the South Atlantic Falklands Islands.
Thursday, September 18th 2014 - 03:08 UTC
The Scottish referendum

By Gwynne Dyer - If the Scots vote “yes” to independence on Sept. 18, as one opinion poll now suggests they will, three things are likely to happen in the following week.
Thursday, September 18th 2014 - 02:55 UTC
NZ scientists examine giant squid caught in Antarctica' Ross Sea

It was a calm morning in Antarctica's remote Ross Sea, during the season when the sun never sets, when Capt. John Bennett and his crew hauled up a creature with tentacles like fire hoses and eyes like dinner plates from a mile below the surface. A colossal squid: 350 kilograms, as long as a minibus and one of the sea’s most elusive species.
Wednesday, September 17th 2014 - 05:34 UTC
Britain's political leaders promise funds and change, ahead of Scotland's vote

Britain promised to guarantee Scotland high levels of state funding, granting Scots greater control over healthcare spending in a last-ditch attempt to shore up support for the United Kingdom before Thursday's vote on independence.
Wednesday, September 17th 2014 - 05:20 UTC
US dollar reaches new record in Argentina; the 'Dolar Demichelis' forecasted

The US dollar in the informal market reached a new record high against the Argentine Peso at the end of trading on Tuesday. Earlier in the day the Central bank reported the biggest one-day drop in its international reserves since July 30.
Wednesday, September 17th 2014 - 05:01 UTC
Pope concerned with political situation in Argentina; meets Cristina Fernandez on Saturday

Pope Francis is concerned about the political situation and governance in his native Argentina, the Vatican's chief of ceremonies said Tuesday ahead of a visit by President Cristina Fernandez on Saturday.
Wednesday, September 17th 2014 - 04:20 UTC
Mantega announces yet another stimulus package for Brazil's economy

Finance Minister Guido Mantega presented on Monday a package of tax measures aimed at stimulating Brazil's economy less than a month ahead of the presidential election.