Stories for March 31st 2015

Tuesday, March 31st 2015 - 12:08 UTC
Brazil's development bank admits losses of 800m dollars on Petrobras stock

Brazil's state-run National Development Bank posted healthy profits Monday, but indicated losses of some 800 million dollars on its stock in Petrobras, whose market value has plunged on a graft scandal and lower oil prices.
Tuesday, March 31st 2015 - 11:47 UTC
OAS General Assembly to be held in Washington following Haiti's declination

The Permanent Council of the Organization of American States (OAS) decided on Monday to hold the 45th meeting of its General Assembly on June 15/16 at its headquarters in Washington, DC, after Haiti declined to host the event.
Tuesday, March 31st 2015 - 10:13 UTC
Brazil ready to join China's Asian Investment bank; (Argentina any moment)

The Asian Infrastructure Investment Bank, AIIB, seen as a challenge to existing institutions the World Bank and Asian Development Bank, has drawn a cool response from the United States, despite which European U.S. allies including Britain, France, Germany and Italy have already announced they would join the bank.
Tuesday, March 31st 2015 - 09:24 UTC
UK electoral campaign takes off; no party expected to win a clear majority

British Prime Minister David Cameron paid a courtesy call on Queen Elizabeth II, then launched a most non courteous attack on his main political rival as campaigning formally began Monday in the most unpredictable U.K. election in decades.
Tuesday, March 31st 2015 - 08:52 UTC
Falklands' defense: Argentina formalizes complaint to UN and regional groups

Argentina dispatched on Monday complaint letters to several international and regional organizations accusing the United Kingdom of further militarizing the Falklands/Malvinas, with an increased budget, alleging Argentina represents a 'live threat' to the Islanders in the British Overseas Territory and thus ignoring tens of resolutions calling for dialogue between the two sides on the Falklands issue.
Tuesday, March 31st 2015 - 08:41 UTC
Falklands' clearance of Argentine mines planned to restart in mid-September

The Falkland Islands program to clear mines planted by the invading Argentine forces in 1982, is scheduled to take a break at the end of April, following a very successful task all along summer according to Guy Marot, Program Manager for the Falkland Islands Demining Program Office, as reported in the FIG's edition of February.
Tuesday, March 31st 2015 - 06:11 UTC
Maximo Kirchner rejects accusations; blames international media campaign

Maximo Kirchner, son of Argentine president Cristina Fernandez has strongly denied as “false and ridiculous” news published in Buenos Aires daily Clarin and Brazil's magazine Veja alleging he had secret accounts in the US and Cayman Islands holding millions of dollar.
Tuesday, March 31st 2015 - 05:49 UTC
Maximo Kirchner accused of having secret accounts in the US and Cayman Islands

Maximo Kirchner, son of Argentine president Cristina Fernandez and former Defense and Security Minister Nilda Garre figure with secret bank accounts, stashed with millions of dollars, in the United States and in the Cayman Islands, according to reports in Buenos Aires daily Clarin and Brazil's Veja, the weekly magazine with the largest circulation in that country.
Tuesday, March 31st 2015 - 05:44 UTC
Unions bring Argentina to a halt over income tax and promise more industrial action

Argentine Labor unions will carry out more strikes after a 24-hour walkout Tuesday, if the government doesn’t heed their demand for less tax pressure, a union leader said on Monday.“The measures of force are going to increase if (the government) continues with the provocations and without giving us a response to our demands,” trucker union boss Pablo Moyano said to a local radio station.