Stories for February 6th 2016

Saturday, February 6th 2016 - 07:57 UTC
Pollack statement: “pleased to report that enormous progress has been made”

Daniel A. Pollack, Special Master presiding over settlement negotiations between the Republic of Argentina and its “holdout” Bondholders issued the following statement today (Friday, Jan 5):
Saturday, February 6th 2016 - 07:37 UTC
US unemployment drops to 4.9% in January, but hiring is slowing down

The latest report from the United States Labor Department for January showed job gains slowed more than expected as the boost to hiring from unseasonably mild weather faded last month. However unemployment dropped to 4.9% of the workforce, the lowest in almost eight years.
Saturday, February 6th 2016 - 07:00 UTC
Argentina close to a full agreement with holdouts: US$ 6.5bn offer to end the litigation

Argentina offered a $6.5 billion cash payment to creditors suing the country over defaulted bonds on Friday, seeking to end an exhausting 14-year legal battle, “the sovereign debt trial of the century”, that transformed the country into a financial markets pariah. Two out of six leading bondholders have already accepted the offer, the U.S. court-appointed mediator said, hailing the proposal by Argentina's new, business-friendly government as an “historic breakthrough”.
Saturday, February 6th 2016 - 06:22 UTC
Falklands' population in 'constrictive' trend, says Argentine team on the field

The Falklands' population composition can be described as 'constrictive' since there is a tendency to ageing in the population pyramid, in other words there are more elderly people than children. Comments belong to a member of an Argentine team of geography and migration experts from a university in Santa Fe province (Universidad Nacional del Litoral, UNL), who have been granted scholarships to collect such data from the Islands, based on a project the team presented.
Saturday, February 6th 2016 - 05:36 UTC
UK will contest UN opinion on 'arbitrary detention' of Julian Assange

The United Kingdom will formally contest the opinion of the UN Working Group on Arbitrary Detention that Julian Assange is a victim of arbitrary detention. From Stockholm Swedish prosecution said the UN ruling had no formal impact into an ongoing rape investigation against the WikiLeak's founder.
Saturday, February 6th 2016 - 05:33 UTC
Africa's decisive 54 votes pledged to Sheikh Salam's bid for FIFA presidency

The Confederation of African Football (CAF) is backing Sheikh Salman in the Bahraini royal’s bid to replace Sepp Blatter as FIFA president. Africa’s 54 members represent a large portion of the total of 209 FIFA voters who are eligible to cast a ballot. Not surprisingly, it’s believed that the candidate who gets the support of Africa will be a big favorite.
Saturday, February 6th 2016 - 05:31 UTC
Brazil's inflation at 12-year high in January driven by food and transportation prices

Brazil's inflation rate rose to a 12-year high, officials said on Friday, as Latin America's largest economy continues to struggle through a protracted recession. Driven by rising food prices, the annual inflation rate hit 10.71%, the highest since November 2003 and well beyond the central bank's target ceiling of 6.5%, said national statistics institute IBGE.
Saturday, February 6th 2016 - 05:29 UTC
US promotes major traceability plan for fishery products to combat IUU

The United States National Oceanic and Atmosphereric Administration (NOAA) announced a proposal to implement a traceability plan for fishery products, aimed at combating illegal, unreported and unregulated (IUU) fishing and to prevent fraudulent trade.