Stories for 2014

Monday, November 3rd 2014 - 11:14 UTC
President Dilma Rousseff's re-election exposes a divided Brazil

The re-election of President Dilma Rousseff's in Brazil has exposed a deeply divided country with an overwhelming support for the incumbent in the impoverished northeast, where millions receive benefits from huge welfare programs the ruling Workers Party (PT) has rolled out over the past decade.
Monday, November 3rd 2014 - 11:05 UTC
Jobs and 300bn Euro stimulus priorities for the new European Commission

After months of political wrangling over the appointment to the European Commission, Jean Claude Juncker and his team officially replaced his predecessor, Jose Manuel Barroso, and his Commission on Saturday. The first vice president, former Dutch Foreign Minister Frans Timmermans, is to serve as Juncker's right-hand man.
Monday, November 3rd 2014 - 10:37 UTC
Argentina strips Procter & Gamble of its registration for alleged fiscal fraud

Argentina's tax office has stripped US multinational company Procter & Gamble of its registration for alleged fraud, the office announced on Sunday. The federal tax collection office, known as AFIP, has alleged that P&G evaded paying duties on imports from Brazil, billing through a Swiss subsidiary, in what it called potentially “aggravated contraband.”
Monday, November 3rd 2014 - 09:11 UTC
Argentina and Brazil elected to the UN Economic and Social Council

Argentina and Brazil were elected by the United Nations General Assembly as members of the UN Economic and Social Council, ESOCOC for a period of three years beginning next January first. Argentina received 182 out of 186 votes.
Monday, November 3rd 2014 - 08:59 UTC
Brazil and Uruguay agree to bilateral trade in local currencies

Brazil and Uruguay as of next December will be able to use local currencies in bilateral trade, disregarding appealing to US dollars, based on the agreement signed last Friday between the central bank presidents of the two countries, Alexandre Tombini (Brazil) and Alberto Graña (Uruguay).
Monday, November 3rd 2014 - 08:54 UTC
Argentine president back in hospital: this time for “an infectious fever”

Argentine President Cristina Fernandez stressed health forced her on Sunday afternoon to check into Buenos Aires' Otamendi hospital for treatment of “an infectious fever,” according to a statement issued by the government.
Monday, November 3rd 2014 - 08:41 UTC
Pacific Alliance and Mercosur agree to continue discussions in Chile

Mercosur and Pacific Alliance foreign affairs ministers met this weekend in Colombia for a first round of talks on integration mechanisms and the potential for specific alliances. The idea of the meeting was first launched by Chile with the purpose of a 'convergence' of interests and a possible future integration.
Monday, November 3rd 2014 - 08:16 UTC
In the aftermath of Scotland's referendum, worst possible news for Labor

A majority of Scots would back independence if another referendum were held this Sunday, according to a public opinion poll, just six weeks after Scotland voted against leaving the United Kingdom.
Saturday, November 1st 2014 - 04:35 UTC
Swire, first Foreign Office minister to visit Cuban in almost ten years

United Kingdom Foreign Office Minister Hugo Swire has become the first UK Minister to visit Cuba in almost ten years. His three-day time in the country included meetings with senior government figures and others to discuss bilateral relations including trade and investment. He will also raise UK concerns about the human rights situation.
Saturday, November 1st 2014 - 04:28 UTC
Fitch ratings lowers Argentina Par bonds under foreign law to “D”

Fitch ratings on the last day of October downgraded Argentina's Par bonds issued under Foreign Law to 'D' from 'C', after the country failed to complete an interest payment, raising the risk that creditors could demand that its cash-strapped government immediately repay all of its debt.