Stories for 2014

Thursday, March 20th 2014 - 07:11 UTC
Argentina secures French support for its ongoing litigations with hedge funds

President Cristina Fernández praised the decision by France to file an 'amicus curiae' brief before the US Supreme Court, in a show of support to Argentina in its long-standing battle against speculative fund creditors, and also secured the backing of the French government to settle a 9.5bn dollars dispute with the Paris Club.
Thursday, March 20th 2014 - 07:02 UTC
Argentina blasts double-standard in addressing Crimea and Malvinas

The Ukraine question must be settled through political negotiations and peace, President Cristina Fernández said at a press conference in Paris where she arrived this week to meet with her French counterpart Francois Hollande.
Thursday, March 20th 2014 - 06:57 UTC
Dilma Rousseff questioned on “flawed” report that cost Petrobras 1.2bn

A scandal surrounding the costly acquisition of a Texas oil refinery by Brazilian state-run energy company Petrobras years ago resurfaced Wednesday after new questions arose about President Dilma Rousseff’s handling of the deal, which involved a sum of 1.2bn dollars.
Thursday, March 20th 2014 - 06:46 UTC
Pope Francis meets Malvinas war veterans and next of kin

Pope Francis met on Wednesday with a group of Malvinas veterans and next of kin of fallen in the Malvinas war, two weeks before the 32nd anniversary of the Argentine military invasion of the conflict.
Thursday, March 20th 2014 - 03:28 UTC
Malvinas: Argentina understands UK's insistence on tripartite talks, “but UN resolutions prevent it”

The Telegraph published a long interview with Daniel Filmus recently appointed to head the Argentine government newly created Malvinas Islands Related Issues Secretariat in which he repeats many of the arguments of the Cristina Fernandez administration campaign referred to the Falklands sovereignty claim, using such words as 'colonialism' and 'militarization', and attacking UK's refusal to sit and dialogue as indicated by UN resolutions.
Thursday, March 20th 2014 - 03:26 UTC
US Fed hints interest rates could start to rise in early 2015 as jobs picture improves

The US Federal Reserve Chair Janet Yellen hinted on Wednesday that interest rates in the US could start to rise in early 2015, that is six months after it halts its monthly bond-buying program. Ms Yellen made the remarks after the Fed said it will scale back bond purchases by a further 10bn dollars per month.
Wednesday, March 19th 2014 - 07:30 UTC
A Vazquez victory forecasted in Uruguay but with 'orthodox economics' threatened

The Economist Intelligence Unit anticipates a 2015 scenario in which Tabaré Vazquez from the ruling coalition will most probably be president, but in a situation quite different from that of his first mandate (2005/2010) if he insists in implementing orthodox economics.
Wednesday, March 19th 2014 - 07:21 UTC
With Malvinas in mind, Argentine diplomat calls for recreating links with UK

The recent visit to Chile and particularly Uruguay of Foreign Office minister for Latin-American Hugo Swire has triggered a barrage of comments and debate in Argentina about the Falklands/Malvinas, particularly aggressive towards the FCO official, but not surprising.
Wednesday, March 19th 2014 - 07:13 UTC
US regulator sues 16 banks for allegedly manipulating the Libor

US regulator has sued 16 banks for allegedly manipulating the London interbank offered rate (Libor).The Libor rate is used to set trillions of dollars of financial contracts, including mortgages and financial transactions around the world.
Wednesday, March 19th 2014 - 07:07 UTC
Mercosur has been 'a good deal' for Uruguay, 'it could have been better'

President Jose Mujica said that Mercosur even with all its problems “has been a good deal” although it “could have been better”, and it is imperative that the group signs trade agreements with Europe and China, which has become the main trade partner of the region.