Stories for 2016

Monday, April 18th 2016 - 08:06 UTC
Praise for Argentina from IMF and credit rating agencies but austerity measures “are tough”

Following President Mauricio Macri’s economic policies and the deal with the holdout funds, Argentina will help to bring stability and a larger economic growth to Latin America, now facing a declining economy mainly because of Brazil’s downfall, representatives from the International Monetary Fund said.
Saturday, April 16th 2016 - 09:44 UTC
A view of the Falkland Islands by the British Consul in Uruguay

Katharine Felton writes the highlights of her one week experience in the archipelago. - Last week I visited the Falkland Islands for the first time - to learn more about the Islands and look at how their links with Uruguay, and vice versa, can be strengthened.
Saturday, April 16th 2016 - 09:38 UTC
Rousseff forced to cancel speech to the nation; defense with state resources argued the opposition

Embattled Brazilian President Dilma Rousseff canceled a scheduled address to the nation on Friday night, ahead of a looming impeachment vote in the lower house of Congress. The lower house will vote Sunday on whether Rousseff should be impeached by the Senate for allegedly breaking financial laws.
Saturday, April 16th 2016 - 09:00 UTC
Malbec Day celebrations this weekend in London's Camden Market

This year in addition to retail promotions, Wines of Argentina and the Argentine Embassy in London are celebrating Malbec Day (April 16) with a weekend of promotion and sales “estilo argentino” (Argentine tradition) in Camden Market, one of the coolest and trendiest destinations in London.
Saturday, April 16th 2016 - 08:45 UTC
OAS chief meets Rousseff and disagrees with the impeachment process

Brazilian president President Dilma Rousseff received on Friday in Brasilia the Organization of American States, (OAS), Secretary General Luis Almagro to discuss on the current situation in the country, some regional issues and the role played by OAS.
Saturday, April 16th 2016 - 08:06 UTC
Falklands' Lord Penguin is in town; Mike Summers visits new friends in Montreal

Lord Penguin is in town. Actually he's no Lord or penguin, but ”I was after an intriguing headline for the meeting between Mike Summers, member of the Falklands' Legislative Assembly, Malouins in French, who this week is in Montreal to see his friend...the dragon (software programmer) Serge Beauchemin. I hope he forgives me for this fantasy”.
Friday, April 15th 2016 - 18:14 UTC
Rousseff to address the nation Friday evening while Congress debates her impeachment

President Dilma Rousseff is scheduled to address Brazil on national television Friday evening, the same day that Congress started a three-day debate to decide whether there are enough arguments to begin the impeachment process that could lead to her removal from office. She is charged with manipulating budget accounts that helped her government present balanced accounts for the 2014 presidential elections.
Friday, April 15th 2016 - 09:29 UTC
Roussef asks the Supreme Court for an injunction to suspend impeachment vote

Brazil's President Dilma Rousseff resorted to the Supreme Court on Thursday in a last ditch attempt to avert a critical impeachment vote in Congress that could lead to her removal from office. Rousseff's attorney general, Jose Eduardo Cardozo, asked the top court for an injunction to suspend Sunday's Lower House vote until the full court can rule on what he called procedural flaws in the impeachment process.
Friday, April 15th 2016 - 09:19 UTC
EU parliament approves strict Passenger Name Record for airlines

The European Union Parliament approved on Thursday the directive regulating the use of Passenger Name Record (PNR) data in the EU for the prevention, detection, investigation and prosecution of terrorist offences and serious crime. It will oblige airlines to hand national authorities passengers' data for all flights from third countries to the EU and vice versa.
Friday, April 15th 2016 - 09:04 UTC
US regulators reject “too big to fall” banks proposals in case of another major 'blackout'

US regulators have rejected the plans of five big US banks for closing their operations in the event of a crisis. Banks labeled “too big to fail” must have a so called “living will” that would allow them to close down without the help of public money. Bank of America, Bank of New York Mellon, JPMorgan Chase, State Street and Wells Fargo have until 1 October to submit improved plans.