Stories for April 2015

Tuesday, April 7th 2015 - 09:15 UTC
Argentine farmers defy Cristina Fernandez with ‘silo-bags’ to hoard soybeans

Argentine farmers have stockpiled more than twice as many soybeans this year than in 2014 defying a government desperate to increase export tax revenue needed to finance rising state spending ahead of the October presidential election. 
Tuesday, April 7th 2015 - 07:51 UTC
World soy production forecasted to fall next season; Argentina could be the exception

World soybean production will fall next season for the first time in four years, undermined by a drop in US output, although the fall may not prove sufficient to support prices, Oil World said. However in South America, Argentina and Paraguay could be heading for new record crops.
Tuesday, April 7th 2015 - 07:46 UTC
Argentina appeals to Judge Griesa bar on Citibank to process bonds under local law

Argentina has formally appealed to the New York justice system the ruling handed down by district judge Thomas Griesa, which barred intermediary Citibank from processing US dollar denominated debt services issued under Argentine law and which expired on March 31.
Tuesday, April 7th 2015 - 06:25 UTC
Falklands/Malvinas war documents declassified; Argentine Defense ministry has 30 days to make them available

The Argentine government on Monday officially declassified secret files relating to the country's 1982 war with Britain over the Falkland Islands. The Defense Ministry has 30 working days to establish a mechanism for members of the public to consult the records, according to a resolution published in the official gazette.
Tuesday, April 7th 2015 - 05:55 UTC
Argentine regulators inspect Citibank, following dispute over accord with hedge funds

Argentina’s central bank sent regulators to inspect Citibank's headquarters in Buenos Aires on Monday after the head of the branch was suspended amid a legal battle over Argentina's debt. Regulators are working to verify whether the bank was able to maintain normal operations following CEO Gabriel Ribisich's suspension last week, the government news agency Telam said.
Tuesday, April 7th 2015 - 05:43 UTC
Europe at center of debate in UK electoral campaign that anticipates no clear winner

Several lawmakers from British Prime Minister David Cameron’s Conservatives will join the anti-EU UK Independence Party if he renews a coalition with the pro-EU Liberal Democrats, UKIP’s leader Nigel Farage forecasted.
Monday, April 6th 2015 - 17:15 UTC
Santos port four-day fire raging; efforts concentrated in stopping flames from spreading

A fire at a fuel storage facility near Brazil's largest port Santos entered its fourth day on Sunday as 110 firefighters worked to stop the flames from spreading further, the local fire department said.
Monday, April 6th 2015 - 17:07 UTC
Unlikely Gibraltar talks in 2015: elections in UK, Spain and the Rock

If tripartite talks were restarted between Gibraltar, Spain and UK and agreements reached, as they were under the ‘Cordoba’ experience, these would almost certainly need to take the form of treaties so that Spain can be relied on to stick to them. Nevertheless 2015 is year of elections in UK, Spain and Gibraltar.
Monday, April 6th 2015 - 16:56 UTC
Brazilian economy to contract 2% this year, and inflation 9% predicts French bank

BNP Paribas said in Sao Paulo that it expects Brazil's gross domestic product to shrink 2% this year, or double the contraction the French financial services company had projected one quarter ago.
Monday, April 6th 2015 - 16:43 UTC
Mexican oil production drops following deadly fire on offshore rig

Mexico's oil production dropped following a deadly fire at an offshore platform, while authorities are still searching for three missing workers, state-run energy firm Pemex said.