Stories for 13th 2015

Wednesday, February 25th 2015 - 04:38 UTC
German court rules against Argentina on bonds' interest payments

Argentina lost a ruling at Germany’s top civil court over interest payments on bonds it sold to investors in the European country that don’t have terms that allow for restructuring by a majority vote of creditors, according to a report from Bloomberg at Karlsruhe.
Wednesday, February 25th 2015 - 04:33 UTC
HSBC reports 17% fall in annual pretax profit; 3.7bn provision for settlements and fines

HSBC reported a 17% fall in annual pretax profit and cut its profitability target, saying allegations its Swiss business had helped customers to dodge taxes had brought shame on the bank. Results from Europe's biggest bank reflected the cost of past misconduct and of protecting itself against the impact of further scandals.
Wednesday, February 25th 2015 - 04:23 UTC
HSBC singles Brazil, Mexico and U.S. as 'problem areas': 12/24 months to prove their worth

HSBC singled out three large markets in the Americas, Brazil, Mexico and the U.S., as problem areas in which its businesses need to shape up or face restructuring, including possible asset sales. “We're talking of 12 to 24 months”.
Wednesday, February 25th 2015 - 04:07 UTC
Falklands' war zone coverage controversy rages in US media; Fox to the rescue of O'Reilly

Controversy over the coverage by US reporters of the 1982 Falklands conflict continues to rage in US media, since Fox News top star Bill O'Reilly admitted that at the time, working for CBS News, he was based in Buenos Aires, far from the 'war zone' as he had characterized his task.
Wednesday, February 25th 2015 - 03:55 UTC
“Falkland Islanders feel a strong relationship with Uruguay going back a long way”

British ambassadors in Chile, Brazil and Uruguay, Fiona Clouder, Alex W Ellis and Ben Lyster-Binns, respectively visited the Falkland Islands on a familiarization tour and to try to establish closer links with the Islands.
Wednesday, February 25th 2015 - 03:44 UTC
Delegation in Argentina for preparations of 150th anniversary of Welsh immigration to Patagonia

Argentina's Foreign ministry is reporting that Lord Dafydd Wigley, honorary president of the Wales-Argentina is currently in Buenos Aires and was received by Argentina's deputy foreign minister Eduardo Zuaín. Other members of the delegation include Marc Phillips and Elvey MacDonald.
Tuesday, February 24th 2015 - 17:29 UTC
WHO calls for worldwide use of 'smart' syringes

Use of the same syringe or needle to give injections to more than one person is driving the spread of a number of deadly infectious diseases worldwide. Millions of people could be protected from infections acquired through unsafe injections if all health-care programs switched to syringes that cannot be used more than once.
Tuesday, February 24th 2015 - 04:52 UTC
Argentina says Mujica's comments on Argentina's integration spirit are 'unfair'

Argentina's Cabinet Chief Jorge Capitanich on Monday responded to Uruguay’s President José “Pepe” Mujica, who accused Argentina of “forgetting about integration” when things go right for the country, saying the statement was “unfair” given Argentina’s role in the “foundation” of regional integration.
Tuesday, February 24th 2015 - 04:46 UTC
Brazil expects to bolster growth with fiscal discipline starting 2016

Brazil needs to act quickly to stabilize its finances and get rid of measures used to stimulate growth during the global downturn in order to bolster expansion in 2016, Finance Minister Joaquim Levy said on Monday.
Tuesday, February 24th 2015 - 04:39 UTC
Argentine magistrates lash back at Cristina Fernandez accusations

Argentina's Association of Magistrates and Officials of the National Justice (AMFJN) has responded to recent statements by President Cristina Fernández who described the February 18 rally organized by prosecutors the “baptism of fire” of what she called the “Judicial Party.”