Stories for 2016

Friday, June 10th 2016 - 07:43 UTC
Garcia-Margallo joint sovereignty comments referred to Gibraltar dismissed

Conservative member of the European Parliament, MEP, Julie Girling has rubbished suggestions by the Acting Spanish Foreign Minister, José Manuel García-Margallo, that Gibraltar will have to contemplate a joint UK/Spain sovereignty arrangement in the event of a “Leave” vote in the European Union referendum.
Friday, June 10th 2016 - 07:28 UTC
Obama endorses Hillary, “I'm with her”; joint campaign to unite Democrats and fight Trump

President Barack Obama endorsed one-time rival Hillary Clinton to be his successor Thursday, signaling to Democrats it is time to unify after a bitter primary campaign and beat Donald Trump.
Friday, June 10th 2016 - 07:11 UTC
Kuczynski becomes Peru's next president, with minimum support in Congress

Former World Bank economist Pedro Pablo Kuczynski won the majority of votes in Peru’s closest presidential contest in five decades, election officials announced Thursday, even as his rival Keiko Fujimori had yet to concede defeat.
Friday, June 10th 2016 - 07:02 UTC
Argentina calls on UK to strengthen bilateral relations and for Malvinas dialogue

The Argentine government reiterates its full willingness for an open dialogue with the United Kingdom to strengthen the bilateral relation and indentify possible cooperation areas in the South Atlantic. Likewise it invites the UK to resume negotiations on the Malvinas question in the framework of the UN General Assembly resolution 2065, according to an official statement from the Argentine foreign ministry released on Friday.
Thursday, June 9th 2016 - 09:41 UTC
Peruvian election too close to call, and 1% of votes have been challenged

Peruvians waited Wednesday to learn who their next president will be, as ex-Wall Street banker Pedro Pablo Kuczynski's camp called his lead insurmountable and controversial rival Keiko Fujimori insisted she still had a shot. Three days after Sunday's runoff election, the race to lead one of Latin America's fastest-growing economies was still too close to officially call, even though 99.5% of the ballots had been counted.
Thursday, June 9th 2016 - 09:32 UTC
Bachelet names new chief of staff in an attempt to uplift her administration

Embattled Chilean President Michelle Bachelet's chief of staff, Jorge Burgos, resigned Wednesday after a series of disagreements with his boss over policy issues. The government said Burgos quit for “personal reasons,” and named Chile's current ambassador to Uruguay, Mario Fernandez Baeza, as his replacement.
Thursday, June 9th 2016 - 09:27 UTC
Brazilians want fresh elections; 62% believe Rousseff's impeachment was the right decision

The government of Interim President Michel Temer has a low approval rating among Brazilians and a majority of the country wants new elections to be held this year, according to a poll released on Wednesday.
Thursday, June 9th 2016 - 09:16 UTC
Argentina's energy minister, the official with largest amount of funds abroad

Almost 100 million pesos (approx US$ 7.3 million) are held in offshore accounts by officials from the current Argentine administration economic Cabinet, a figure higher than the 18 million pesos President Mauricio Macri reported as having in a Bahamas account.
Thursday, June 9th 2016 - 09:06 UTC
Brazil's central bank leaves interest rate unchanged at 14.25%

Brazil held interest rates steady for the seventh straight time on Wednesday, resisting pressure to slash borrowing costs amid a recession as inflation remains near double digits. In a unanimous vote, the central bank's monetary policy committee, Copom, decided at its last meeting led by governor Alexandre Tombini to keep its benchmark Selic rate at 14.25%, the highest in nearly a decade.
Thursday, June 9th 2016 - 08:50 UTC
Yellen says Brexit 'repercussions' would be considered in Fed’s meeting next week

United Stated Federal Reserve chair Janet Yellen said a UK vote to leave the European Union could have “significant economic repercussions”. In a speech this week, she said a Brexit was one factor that the central bank would consider when deciding whether to raise interest rates. The Fed next meets on 14-15 June.