Stories for 13th 2015

Monday, April 20th 2015 - 06:42 UTC
Brazilian leading contractor admits paying 36m dollars in bribes to Petrobras officials

A vice president of construction company Camargo Correa told Brazilian prosecutors that he paid 36 million dollars in bribes to officials of state-controlled oil company Petrobras, the press reported, citing a document prepared by prosecutors.
Monday, April 20th 2015 - 06:31 UTC
IMF warns “lower growth” becoming a relevant challenge over the medium term

The International Monetary Fund warned in a communiqué that while economic growth in developed countries had strengthened, some emerging nations were being hit by weaker commodity prices and exports.
Monday, April 20th 2015 - 06:24 UTC
China cuts banks' reserve ratio to bolster lending and a weak economy

China's central bank is to cut its bank reserve requirement ratio by one percentage point. The People's Bank of China said that the new reserve requirement would take effect from Monday. The aim is to stimulate more lending into the nation's slowing economy.
Monday, April 20th 2015 - 06:20 UTC
March inflation in Argentina ranges from 1.3% to 2.12%

Argentine inflation in March reached 2.12% over February accumulating 29.8% in the last twelve months according to the average of private consultants, which every month is released by opposition members in Congress. This is one percentage point higher than the official March rate announced by the Argentine government's discredited stats office, Indec, 1.3%.
Saturday, April 18th 2015 - 10:32 UTC
Making the Falklands safe: clearing mines from the 1982 conflict

Falkland Islands former minefields that have been cleared by BACTEC International’s (*) deminers are, “cleared to a higher quality than the areas that are outside the fences,” assured Project Manager Julius Unsing, speaking to Penguin News this week.
Saturday, April 18th 2015 - 10:13 UTC
UK accuses Argentina of bullying the Falklands; it's time they begin acting 'responsibly'

Britain's Foreign Secretary Philip Hammond has accused Argentina of bullying after it announced on Friday in London that it was starting legal action against companies drilling for oil and gas near the Falkland Islands.
Saturday, April 18th 2015 - 09:20 UTC
Argentina again threatens Falklands' oil companies with legal actions, this time in London

Argentina's Secretary of State for Malvinas Affairs, Daniel Filmus, defended Argentina´s sovereignty rights over the Falkland Islands in a speech he delivered in London condemning UK´s recent decision to increase its military presence in the South Atlantic, outlined the scope of the criminal lawsuit against oil companies 'illegally' operating in Falklands/Malvinas waters and warned of the environmental risks these activities entail.
Friday, April 17th 2015 - 22:35 UTC
Falklands says Argentina continues “to ignore out right to determine our future and develop our economy”

The Argentine government continues disrespectfully to ignore “our inalienable right to determine our own future” and “develop our economy”, said the elected government of the Falkland Islands in a release responding to Argentine determination to impede the Islands right to develop the hydrocarbons industry and claims about 'militarization' of the South Atlantic.
Friday, April 17th 2015 - 04:40 UTC
Unasur opens Defense School to elaborate a shared doctrine of peace and stability

The Union of South American Nations, Unasur will celebrate this Friday its eighth anniversary with the official opening of the South American Defense School (Esude) created to instruct on defense and security issues, both at civil and military level, following 'the principles of a regional strategic vision'.
Friday, April 17th 2015 - 04:32 UTC
Pope Francis to visit Ecuador, Bolivia and Paraguay next July

Pope Francis will make his first visit as pontiff to Spanish-speaking Latin America in July, stopping in Ecuador, Bolivia and Paraguay, the Vatican said Thursday. The pope will kick off his trip in Ecuador on July 6, then travel to Bolivia on July 8 and wrap up his tour in Paraguay from July 10 to 12.