Stories for July 2015

Thursday, July 30th 2015 - 09:16 UTC
Kicillof blasts 'speculators' for promoting a run from the Peso to the US dollar

Argentina's economy minister and central bank governor came out strongly to warn the “devaluation club” and speculators in the foreign exchange market who allegedly are pushing the value of the US dollar and sinking the local Peso.
Thursday, July 30th 2015 - 09:04 UTC
Fed pleased with labor market gains but inflation remains 'soft' distant from 2% target

The United States Federal Reserve on Wednesday decided to leave its benchmark federal funds interest rate unchanged at between 0 percent and 0.25 percent, while it offered an optimistic assessment of the world's biggest economy and hinted that a rate hike remains on the short-term horizon.
Thursday, July 30th 2015 - 08:43 UTC
Gibraltar protests to Brussels that Spain is again causing disruption and delays at the border

Gibraltar has accused Spain of having chosen once again not to behave as European partners as a result of the latest pedestrian delays at the border. The Gibraltar Office in Brussels was asked to relay information to the European Commission on the latest delays caused by the introduction of an Automated Border Control system on the Spanish side.
Thursday, July 30th 2015 - 08:30 UTC
Platini confirms bid to replace Blatter and “give FIFA the dignity it deserves”

Michel Platini launched his bid to replace Sepp Blatter at the helm of world football, pledging “to give FIFA back the dignity and the position it deserves”.
On Wednesday he sent a letter to the leaders of FIFA's 209 member associations, some of whom he canvassed for their support at the 2018 World Cup draw in St Petersburg last Saturday.
Thursday, July 30th 2015 - 08:07 UTC
First cargo ships sail along Egypt's new expanded Suez Canal; official opening in August

The first cargo ships passed through Egypt's New Suez Canal last weekend in a test-run before it opens next month, state media reported, eleven months after the army began constructing the $8 billion canal alongside the existing 145-year-old Suez Canal.
Thursday, July 30th 2015 - 07:48 UTC
Cruise lines agree to equal access for individuals with disabilities

The U.S. Justice Department and Carnival Corp. have reached a comprehensive, landmark settlement agreement under the Americans with Disabilities Act (ADA) to advance equal access for individuals with disabilities who travel on cruise ships, the Justice Department announced Wednesday.
Thursday, July 30th 2015 - 07:23 UTC
Argentina asks if Iran nuke-deal includes delisting Iranian wanted in major bomb attack in Buenos Aires

Argentina's foreign minister is asking U.S. Secretary of State John Kerry and European Union Foreign Affairs representative, Federica Mogherini to clarify whether Washington's nuclear deal with Iran includes removing from Interpol's list an Iranian wanted in a major bomb attack in Buenos Aires that took place in 1994 and remains unsolved.
Wednesday, July 29th 2015 - 07:10 UTC
Uruguay announces controversial massive infrastructure investment program

Uruguayan President Tabare Vazquez announced on Monday a controversial plan for 12.37 billion in infrastructure investment over the next four years. Two-thirds of the investment will come from the government, Vazquez told a news conference. Where the other third was to come was not confirmed.
Wednesday, July 29th 2015 - 06:58 UTC
UN committee agrees on nine principles for restructuring sovereign debts

A United Nations committee, after six months work, on Tuesday, unanimously adopted a “historic” report that establishes nine principles for restructuring sovereign debt, the committee's chair Sacha Llorenti of Bolivia told reporters.
Wednesday, July 29th 2015 - 06:43 UTC
Maduro formally requests UN mediation in border dispute with Guyana

Venezuela's president Nicolas Maduro said he asked U.N. Secretary-General Ban Ki-moon for U.N. mediation in his country's century-old border dispute with neighboring Guyana. The controversy was discussed by Maduro and Ban at a meeting Tuesday morning in New York.