Stories for September 11th 2015

Friday, September 11th 2015 - 10:34 UTC
Fed's rate decision next week: conflicting positions between US voters and EM central bankers

As the Federal Reserve gets ready to debate its interest rate policy stance next week, a poll released Thursday finds a strong majority of US voters surveyed want central bankers to refrain from boosting short-term interest rates, and to instead concentrate on using monetary policy to further boost the job market.
Friday, September 11th 2015 - 10:24 UTC
Murdoch's Fox takes control of National Geographic Society for US$ 725m

The National Geographic Society sold its iconic yellow-bordered magazine and other media assets to Rupert Murdoch's 21st Century Fox for $725 million, the companies announced Wednesday. National Geographic Society, which found the magazine in 1888, has chosen to sell the publication amid slumping circulation and advertising sales.
Friday, September 11th 2015 - 10:14 UTC
Ecuador's Correa orders dissolution of freedom of expression organization

Fundamedios, an Ecuadorian organization that defends freedom of expression, is now the one in need of defense, as it faces state-mandated closure. On Tuesday, September 8, its directors reported that they had received a letter from the National Communications Secretariat (Secom), which informed them of the beginning “of the dissolution process” against the institution.
Friday, September 11th 2015 - 09:58 UTC
FAO's August Food Price Index at its lowest in almost seven years

International food commodity prices continued to decline in August as ample supplies, a slump in energy prices and concerns over China's economic slowdown all contributed to the sharpest fall of the FAO Food Price Index in almost seven years.
Friday, September 11th 2015 - 09:41 UTC
Brazilian Real falls to its lowest against the dollar since 2002; central bank injected funds

A day after Standard & Poor’s slashed Brazil’s credit rating to junk, the Brazilian Real lost close to 2% by the end of the day to 3.865 per dollar—its weakest level since 2002. In an effort to stem the decline, Brazil’s central bank injected $1.5 billion into the financial system Thursday.
Friday, September 11th 2015 - 09:33 UTC
Cristina Fernandez wants Argentina in BRICS and asks Lula da Silva to act as the lobbyist

President Cristina Fernández called on Brazil’s former president Lula da Silva to become Argentina’s “ambassador” to help it join the group of emerging countries known as BRICS, acronym for Brazil, Russia, India, China and South Africa. Lula is currently campaigning in support of incumbent presidential candidate Daniel Scioli, and the so called 'Kirchner' model that 'transformed Argentina'.
Friday, September 11th 2015 - 06:45 UTC
UN Assembly overwhelmingly supports Argentina in the sovereign debt debate

The United Nations General Assembly has approved a resolution put forward by Argentina regarding sovereign debt restructuring, which seeks to limit the movement of speculative funds in influencing such actions.
Friday, September 11th 2015 - 06:34 UTC
Commotion in Argentina over the death of an indigenous Qom child

The death of a young boy from the Qom indigenous community in the Argentine province of Chaco, one of the poorest areas of the country, caused public opinion commotion and triggered a debate as to the cause of his death and the miserable living conditions of the indigenous peoples in Argentina.
Friday, September 11th 2015 - 06:23 UTC
Malvinas war declassified documents delivered to Argentine veterans

Argentina's Defense minister Austin Rossi handed Malvinas veterans a report on the 1982 South Atlantic conflict compiled from recently declassified military documents. The report handed to Ernesto Alonso, head of the Malvinas former combatants national committee was drafted by the ministry's Human Rights and International Humanitarian Law desks.
Friday, September 11th 2015 - 06:03 UTC
Venezuelan opposition leader sentenced to 13 years in prison; Unasur statement expected Friday

Venezuelan opposition leader Leopoldo Lopez was convicted inciting violence and sentenced to 13 years in prison on Thursday for his leading role in the 2014 street protests against the government of President Nicolas Maduro that spiralled into bloodshed, killing more than 40 people. A statement from Unasur (Union of South American Nations) is expected on Friday.