Stories for May 7th 2015

Thursday, May 7th 2015 - 07:05 UTC
Argentine Justice shrugs off impeachment threat: “I'm used to this kind of attacks”

Argentina's Justice Carlos Fayt, the oldest member of the Supreme Court (97) and questioned by the government of president Cristina Fernandez, which demands evidence of his health and mental conditions, has said through his lawyer, Jorge Rizzo that he is not concerned about a possible impeachment hearing raised against him, since 'he is used to this kind of attacks'.
Thursday, May 7th 2015 - 06:55 UTC
Brazil wants to review Mercosur 'liberty' rules; sends strong public message to Argentina

Brazil has proposed reviewing Mercosur rules so that its members can enjoy more 'liberty' to negotiate trade agreements with other blocks or third parties, because even when “Mercosur is an indissoluble marriage, this does mean that relations can't be discussed” and thus a 'different speeds' group should not be discarded.
Thursday, May 7th 2015 - 06:48 UTC
Purchase real estate prices in Brazil have fallen in first months of 2015

Purchase real estate prices all over Brazil have fallen a combined 3.47% in real prices the first months of 2015 according to the Fipe-Zap index. The index collected real estate prices in twenty Brazilian cities and measured them against inflation, registering monthly price rises below inflation for the sixth time in a row.
Thursday, May 7th 2015 - 06:35 UTC
Liverpool will commemorate the centenary of the sinking of the Lusitania

About 1,200 people died and 771 survived when the British liner was torpedoed by a German submarine on 7 May 1915 during World War One. One of the largest ships in the world, it was sailing from New York to its home port of Liverpool when it was sunk off the coast of Ireland.
Thursday, May 7th 2015 - 06:19 UTC
Fifty million people registered to vote and elect 650 Westminster MPs

49.5 million people are registered to cast their votes in the UK general election on Thursday 7 May. Polls open at 07:00 BST at around 50,000 polling stations across the United Kingdom. A total of 650 Westminster MPs will be elected, with about 50 million people registered to vote.
Thursday, May 7th 2015 - 06:08 UTC
Brazil's industrial production continues to skid, 4,7% in twelve months

Brazil's industrial production has dropped 4.7% in the last twelve months after slipping in March by 0.8% amid a sharp downturn in the country's economy, official figures showed Wednesday.
Thursday, May 7th 2015 - 06:01 UTC
Uruguay's economy 'strong enough' to navigate in challenging environments

Uruguay's economy is “strong enough to navigate in a challenging global and regional environment” in which the U.S. dollar is strong and inflation is starting to rise, Uruguayan Central Bank, (BCU), chairman Mario Bergara said during a conference in Montevideo where he discussed the central bank's mission in the current world environment.
Thursday, May 7th 2015 - 05:56 UTC
Probing Petrobras corruption scandal becoming tougher for prosecutors

Brazil's Supreme Court ordered another engineering executive released from jail on Wednesday, complicating prosecutors' efforts to expand the current corruption investigation at Petrobras.
Thursday, May 7th 2015 - 05:22 UTC
US for third year running main wheat supplier for Brazil displacing Argentina

For a third year in a row the United States will be the top wheat supplier for Brazil, displacing Argentina from its historic position, according to the latest release from Brazilian consultancy Trigo & Farinhas. This piece of information is significant given the world prices for grains and wheat planting prospects in South America.