Stories for June 2015

Tuesday, June 30th 2015 - 07:14 UTC
EU leaders warn Greeks the referendum vote means “yes or no to the Euro zone”

European leaders have warned Greeks that rejecting creditors' proposals in a snap referendum called for Sunday would mean leaving the Euro. German Vice Chancellor Sigmar Gabriel said the vote would be “yes or no to the Euro zone”.
Tuesday, June 30th 2015 - 06:46 UTC
China's 'World Bank' takes off at ceremony with delegates from 50 countries

China has hosted the signing ceremony of the Asian Infrastructure Investment Bank (AIIB), a new international financial institution set to rival the World Bank and Asian Development Bank. Delegates from 50 countries signed articles that determine each member's share and the bank's initial capital.
Tuesday, June 30th 2015 - 06:27 UTC
“You're fired!” NBC tells Donald Trump's and Mexicans-hate campaign

NBC has ended its relationship with real estate developer and TV personality Donald Trump and his “Miss USA” and “Miss Universe” pageants after he made comments insulting Mexicans when he began his run for president. The pageants, which are part of a joint venture between NBC-Universal and Trump, would no longer air on NBC “due to the recent derogatory statements by Donald Trump regarding immigrants” the company said in a press release.
Tuesday, June 30th 2015 - 06:14 UTC
Petrobras drastically cuts investment by 37% in next five years

State-controlled oil giant Petrobras, which is mired in a corruption scandal that has rocked Brazil, said Monday it was cutting investment by 37% during the 2015-2019 period. Investment during the period will now total $130.3 billion, down from the $220.6 billion originally planned, Petrobras said in a filing with the Sao Paulo Stock Exchange.
Tuesday, June 30th 2015 - 06:03 UTC
General Cundom sworn in as new Argentine Army chief; outgoing Milani slams media for slander campaign

General Ricardo Cundom was sworn in on Monday as the new chief of the Argentine Army, and in his first words said that replacing outgoing César Milani in the role was the biggest challenge he had ever faced.
Tuesday, June 30th 2015 - 05:42 UTC
Commonwealth's 53-member states support Guyana's sovereignty and territorial integrity

The 53 member states of the Commonwealth have pledged to support Guyana in the ongoing maritime border dispute with Venezuela. Commonwealth Secretary General Kamalesh Sharma, sought to assure the government of the groupings commitment on his arrival to Jamaica.
Tuesday, June 30th 2015 - 05:16 UTC
Argentina's threat against Falklands' oil companies with no impact on markets

The Argentine court order that assets of several international oil companies drilling for oil in the Falkland Islands be seized has caused mild turbulence in their share prices. Tierra del Fuego judge Lilian Herraez ordered the authorities to seize bank accounts, boats and other assets worth an estimated US$156mln.
Monday, June 29th 2015 - 20:25 UTC
Strangling Falklands' hydrocarbons industry is 'unacceptable' with dangerous implications for global business

The government of Argentina's campaign to strangle the Falkland Islands hydrocarbons industry is 'unacceptable' and taking action against British and international oil and gas companies has dangerous implications for global business, warned Foreign Office minister Hugo Swire on Monday reacting to an Argentine federal court ordering the seizure of UK and US assets involved in Falklands' operations.
Monday, June 29th 2015 - 19:45 UTC
Falklands elected government: “Argentina courts have no jurisdiction in the Falklands”

“Argentine courts have no jurisdiction in the Falkland Islands”, said Falklands' lawmaker Mike Summers early Monday in response to the latest Argentine attempt into bullying the Islands and derailing its economy.
Monday, June 29th 2015 - 07:05 UTC
End of Copa America for Chile's “Finger of God” Jara: three matches suspension

Chile defender Gonzalo Jara will miss the rest of the current Copa America after being suspended for three matches for sticking his finger up an opponent's backside and feigning injury during a match.