Stories for June 16th 2015

Tuesday, June 16th 2015 - 06:11 UTC
Argentina's May official inflation 1% or half that claimed by private consultants

Argentina's National Statistics and Census Institute, Indec reported on Monday that the inflation rate for May reached 1%, totaling 15.3% in the last twelve months and 5.7% for the first five months of 2015.
Tuesday, June 16th 2015 - 06:03 UTC
Brazil's auto industry faces plummeting sales and widespread layoffs

Plummeting auto sales in Brazil amid the country's worst economic situation in a decade have battered the industry that makes up one-fourth of the country's industrial gross domestic product and has led to widespread layoffs and mandatory leaves.
Tuesday, June 16th 2015 - 05:35 UTC
Magna Carta 800th anniversary: PM David Cameron's speech

800 years ago, on this day, King John put his seal to a document that would change the world. We talk about the ‘law of the land’ and this is the very land where that law – and the rights that flow from it – took root.
Tuesday, June 16th 2015 - 05:23 UTC
OAS assembly approves Convention on the Rights of Older Peoples

The 45th General Assembly of the Organization of American States (OAS), meeting in Washington, took a step on Monday toward the modernization of the hemispheric institution, expressed support for the Rule of Law in Guatemala, and approved the Convention on the Rights of Older Persons.
Tuesday, June 16th 2015 - 05:13 UTC
Gas leak forces Petrobras to halt production at offshore platform: second incident in a month

Brazil's Petrobras halted production on Sunday from its P-40 platform in the offshore Marlim Sul field after a gas leak on the vessel, an oil workers' union and the country's petroleum regulator said on Monday.
Tuesday, June 16th 2015 - 05:06 UTC
Jeb Bush aims the White House presenting himself as an anti-Washington figure

Former Florida governor Jeb Bush vowed to fix a dysfunctional Washington as he began his US presidential bid with an attempt to move out of the shadow of the White House legacies left by his father and brother.
Tuesday, June 16th 2015 - 04:47 UTC
Brazil's housing market falling as interest rates rise and the economy slows

Brazil's housing market is now declining, amidst subdued economic growth and some civil unrest. In Sao Paulo, house prices dropped 1.2% during the year to Q1 2015, after annual price increases of 0.83% in Q4 2014, 3.29% in Q3 2014, 5.37% in Q2 2014 and 6.71% in Q1 2014
Tuesday, June 16th 2015 - 00:40 UTC
Falklands' rig drilling to the south east of the Islands at Humpback prospect

Falkland Oil & Gas Ltd. said on Monday that drilling had started at the Humpback exploration well off the south-east coast of the Falkland Islands. The spudding of the well actually took place last Saturday.