Stories for December 2016

Monday, December 19th 2016 - 08:04 UTC
Another major clash between Brazil's Supreme Court and Congress in the making

Another major clash between Brazil's Supreme Court and Congress in the making. Justice Luiz Fux ruled to return the anti-corruption bill back to its initial stages in the Lower House, despite the fact the fill had already reached Senate and was preparing to put the bill to a vote.
Monday, December 19th 2016 - 07:42 UTC
US Electoral College 538 ballots set to confirm Trump as president despite controversial campaign

The next chapter in the tumultuous U.S. presidential election takes place on Monday at the Electoral College which is expected to officially confirm that billionaire real estate mogul Donald Trump as the US 45th president.
Sunday, December 18th 2016 - 23:57 UTC
Argentine Navy ship sets sail on Antarctica PANC mission to relieve Chile's Lautaro

The Argentine Navy's ARA Islas Malvinas set sail Friday enroute to Antarctica to take part in the joint operation with the Chilean Navy in the “Combined Naval Antarctic Patrol” -- better known for its Spanish acronym PANC (Patrulla Antártica Naval Combinada) -- to control maritime traffic and address environmental issues in the area.
Saturday, December 17th 2016 - 17:03 UTC
Colombia's Central Bank lowers interest rate to tack inflation

The Central Bank of Colombia Friday surprisingly decided to lower the interest rate by 25 basis points to 7.50 percent to support the recovery of the economy and to push inflation towards the target set for the coming semester.
Saturday, December 17th 2016 - 16:54 UTC
Norwegian low cost airline wants to operate in Argentina

Norwegian Air Shuttle, one of the largest low cost airlines in Europe, has made the decision to start start operating in Argentina in November next year. “We have taken that decision and for that we have already taken some concrete steps to be able to fly domestic and regional routes in Argentina,” said Norwegian spokesman Alfons Claver.
Saturday, December 17th 2016 - 16:48 UTC
Raul Castro's Cuba allows farmers to hire workers directly

The Cuban government Friday allowed farmers to hire workers directly and no longer have to go to cooperatives in a step to set aside strict controls on their economy to boost production for a country which imports more than two-thirds of its food. In other areas of the economy, such as restaurants, Cuba has already allowed small business owners to hire their staff directly.
Saturday, December 17th 2016 - 09:13 UTC
Macri's Argentina back from world isolation except from Venezuela and Iran

Argentine President Mauricio Macri said Friday that “we have come from years of isolation and bad relations with almost all countries except Venezuela and Iran.” He added that “this year we have experienced a Copernican change in that sense.”
Saturday, December 17th 2016 - 07:30 UTC
Falklands/South America second flight to be addressed at Argentina/UK meeting next week

Two Falklands lawmakers, MLA Mike Summers and MLA Phyl Rendell, will represent the Islands government as part of the British delegation at meetings with Argentina in London next Monday and Tuesday. According to a release from the Islands' government the principal item to be addressed is a second flight from South America to the Falklands that was agreed in a September Joint Statement between the UK and Argentina.
Saturday, December 17th 2016 - 05:40 UTC
President Hassan Rouhani wants Iran to have nuclear-powered warships

After accusing the United States of violating their nuclear deal, Iran’s President Hassan Rouhani has ordered the head of the country’s Atomic Energy Organisation to outline the development of nuclear-powered warships.
Saturday, December 17th 2016 - 00:24 UTC
Petrobras sells ethanol assets as it moves out of the biofuels industry

Brazil's oil company Petrobras has agreed to sell its 49% stake in the sugar and ethanol joint venture Nova Fronteira Bioenergia SA to partner São Martinho SA, both companies said in securities filings on Thursday. Petrobras will receive 24 million new São Martinho shares as payment for the stake. Petrobras said in the filing that it will attribute a US$133 million value to the deal.