Stories for 2016

Friday, May 20th 2016 - 16:37 UTC
US supports Temer: “there has been a clear and undeniable respect for democratic institutions”

United States ambassador before the Organization of American States, OAS, dismissed the notion that a coup is underway in Brazil and openly rejected concern voiced by other member states such as Venezuela, Bolivia and Nicaragua
Friday, May 20th 2016 - 11:23 UTC
Six presidents asked to testify of ex president Menem's son death in 1995

An Argentine court on Wednesday asked six former presidents to testify in the investigation into the 1995 death of the son of ex-president Carlos Menem. The court requested the testimony of Fernando de la Rúa, Ramón Puerta, Adolfo Rodríguez Saá, Eduardo Camaño, Eduardo Duhalde and Cristina Fernández. All followed Menem as presidents after his 1989-1999 rule.
Friday, May 20th 2016 - 11:16 UTC
Brazil's economic interests will prevail over ideological goals, says new foreign minister

The foreign minister for Brazil's new government following the suspension of president Dilma Rousseff said that Brasilia will now pursue economic interests over ideological goals. Jose Serra, nominated by acting president Michel Temer in the wake of Rousseff's suspension for an impeachment trial, signaled that Brazil would no longer be part of the loose left/leaning alliance that exists across several Latin American countries.
Friday, May 20th 2016 - 11:05 UTC
Petrobras new CEO is a former energy minister and chief of staff

Former Brazilian energy minister Pedro Parente has been named by acting President Michel Temer as the new CEO of state-run oil giant Petrobras. Parente was picked Thursday to replace Aldemir Bendine, an appointee of now suspended President Dilma Rousseff. The new Petrobras CEO was working as chairman of Sao Paulo-based financial bourse BM&FBovespa.
Friday, May 20th 2016 - 10:57 UTC
Temer promises to appoint women to the government “a little further ahead”

Acting President Michel Temer promised on Thursday that he will at some point have women in his currently all white-male Cabinet. Federal lawmaker Josi Nunes told journalists in Brasilia that Temer pledged at a meeting with congresswomen that he would be bringing females into his government “a little further ahead.”
Friday, May 20th 2016 - 10:40 UTC
India planning to swap medicines for Venezuelan crude oil to recoup losses of drugs sector

Indian drug companies could recoup some of the financial losses incurred as Venezuela struggles to make foreign-currency payments and the value of its currency plummets--by participating in a barter plan that would swap medicines for crude oil.
Friday, May 20th 2016 - 10:28 UTC
Argentina expected to export 25% fewer soybeans because of the extensive floods

Argentina could export up to 25% fewer soybeans this year than last, analysts said, after severe rains left many fields underwater, damaging oilseed quality. In April, floods inundated key farm areas of Argentina, the world's third-biggest exporter of raw soybeans, prompting the U.S. Department of Agriculture to slash its forecast for soybean output to 56.5 million metric tons this year.
Friday, May 20th 2016 - 10:17 UTC
Trump ahead of Hillary in new polls, but both candidates have record negatives

Donald Trump has pulled ahead of Hillary Clinton in two new polls, as Republicans begin to coalesce around him while Bernie Sanders keeps hammering fellow Democrat Clinton. The real-estate tycoon leads the former secretary of state, 42% to 37%, in a general-election presidential match-up, according to a Rasmussen poll released Thursday.
Friday, May 20th 2016 - 10:05 UTC
Macri in the threshold of a major political storm over a possible veto of a labor bill

Argentine president Mauricio Macri is expected to veto a controversial labor bill which was approved early Thursday after a marathon session in the Lower House of Congress. The bill passed with 147 votes in favor, 3 votes against it and 88 abstentions includes the declaration of the employment emergency during 180 days and a double compensation in the event of layoffs, for a period of six months.
Friday, May 20th 2016 - 06:48 UTC
Argentina reassures China bilateral cooperation remains a priority for the Macri administration

Argentina on Thursday sought to reassure China that bilateral cooperation remained a priority for its new government amid growing concerns over political changes in the South American country. After a meeting with her Chinese counterpart Wang Yi, Argentine Foreign Minister Susana Malcorra said investment projects with China would go ahead.