Stories for 2016

Thursday, May 12th 2016 - 08:37 UTC
Senate votes to remove Rousseff, but the target number is 54, two thirds of the upper house

A clear majority of Brazil's Senate indicated on Thursday it will vote to put President Dilma Rousseff on trial for breaking budget laws, signaling the end of 13 years of rule by the populist Workers Party in Latin America's largest nation.
Thursday, May 12th 2016 - 08:21 UTC
St. Helena airport certified, which brings opening day closer

British Overseas Territory St. Helena achieved a major milestone on Tuesday when Air Safety Support International (ASSI) issued an Aerodrome Certificate to brand new St Helena Airport - having been satisfied that the Airport infrastructure, aviation security measures and air traffic control service complies with international aviation safety and security standards. This follows a final inspection of the Airport by an ASSI team last month.
Thursday, May 12th 2016 - 04:42 UTC
EU and Mercosur exchanged market access offers; beef and ethanol excluded as 'sensitive' products

Trade Commissioner Cecilia Malmström and the Foreign Affairs Minister of Uruguay Rodolfo Nin Novoa, on Wednesday exchanged EU and Mercosur offers on access to their respective markets of goods, services and establishment and government procurement. However this first exchange excluded 'sensitive' items such as beef and ethanol, according to EU sources. The details of the documents exchanged were not made public.
Thursday, May 12th 2016 - 04:06 UTC
Malcorra/Hammond meet in London: Falklands and confidence building mechanisms in a long agenda

Argentina's foreign minister Susana Malcorra will be in London this Thursday to attend a global summit on combating corruption, and is expected to meet with her peer Philip Hammond, and probably address the Falklands issue, according to Argentine official sources. Malcorra is accompanied by Fulvio Pompeo, Secretary for Strategic Affairs from Argentina's presidency, and a very close advisor to president Mauricio Macri.
Wednesday, May 11th 2016 - 14:27 UTC
UK and Gibraltar recognized the vital importance of the EU referendum and the Remain vote

Foreign Secretary Philip Hammond and Gibraltar's Chief Minister Fabian Picardo underlined on Wednesday the importance of remaining in a reformed European Union, stronger, safer and better off, both for the UK and Gibraltar. The joint statement comes ahead of the June 26 Brexit vote, which for Overseas Territories a 'Leave' victory could be 'catastrophic', according to statements from Gibraltar and Falklands' representatives
Wednesday, May 11th 2016 - 14:03 UTC
Panama Papers are becoming an additional challenge for President Macri

Argentine Federal Judge Sebastian Casanello has sent legal requests to Uruguay, United Kingdom, Ireland, Panama and Brazil, and likewise ordered local financial institutions in the country to provide data on the Macri family accounts as part of an ongoing investigation of the Argentine president overseas assets in so called tax havens, which emerged from the latest release of Panama Papers by the International Consortium of Investigative Journalists.
Wednesday, May 11th 2016 - 12:29 UTC
Prominent economists call for global tax transparency arguing poor countries are the biggest losers

New global rules forcing companies to report taxable activities country-by-country publicly have been called for by a group of 300 prominent economists. In a letter to world leaders, the group urges the UK to “take a lead” in the push for more tax transparency and argues that poor countries are the biggest losers from tax havens.
Wednesday, May 11th 2016 - 12:14 UTC
Oil markets on alert: major overhaul in Saudi Arabia´s cabinet and economic policy

Saudi Arabia's King Salman removed the country's veteran oil minister as part of a broad government overhaul. Ali al-Naimi has been replaced after more than 20 years in the role by former health minister Khaled al-Falih.
Wednesday, May 11th 2016 - 09:59 UTC
Rousseff clears her office; full Senate votes to suspend the president

Brazilian President Dilma Rousseff has packed up personal photos and stripped the shelves in her third-floor office in the Planalto presidential palace, a sign she is accepting the loss of her job in a Senate vote on Wednesday.
Wednesday, May 11th 2016 - 09:48 UTC
Argentina prepared to support Malcorra's nomination to UN Secretary General post

Argentina's foreign minister Susana Malcorra most probably will be sponsored by president Mauricio Macri as a candidate to replace the United Nations Secretary General Ban Ki-moon who is stepping down next November, according to government sources quoted by La Nacion.