Stories for 2017

Wednesday, February 15th 2017 - 09:24 UTC
Argentina's ex intelligence chief indicted; prosecution requests his arrest

Prosecutors have requested the arrest of Argentina's intelligence chief under former president Cristina Fernandez over murky accusations he shielded a fugitive drug trafficker from arrest. The request came a day after ex-spy chief Oscar Parrilli was indicted on charges of hiding information on the whereabouts of the man who was formerly Argentina's most-wanted fugitive.
Wednesday, February 15th 2017 - 09:18 UTC
Argentine prosecution accuses President Macri of conflicts of interest

An Argentine prosecutor on Tuesday demanded a judicial investigation into alleged financial conflicts of interest by the country's President Mauricio Macri and family. Macri is accused of a conflict of interest in overseeing a deal as president to settle debts incurred by the postal service in a period when it was controlled by his father's business. His government has denied any wrongdoing.
Wednesday, February 15th 2017 - 09:12 UTC
Brazilian currency at its strongest against the US dollar since July 2015

The Brazilian real gained on Tuesday to its strongest level in more than a year and a half, following a rise in capital inflows and after the central bank resumed currency intervention following a two-week pause. The real firmed 0.45% to 3.096 real per dollar, its strongest showing since July 2015.
Wednesday, February 15th 2017 - 08:53 UTC
Falklands' totally financed longliner, CFL Hunter, launched in Galicia

A state of the art longliner, the Falklands “CFL Hunter” was baptized and launched at the Nodosa de Marín shipyard in Pontevedra, in a ceremony that included representatives from Consolidated Fisheries, Falklands lawmakers plus members of the Galicia government and the yard.
Tuesday, February 14th 2017 - 12:17 UTC
Petrobras credit rating raised to BB-: improved governance “compares well with those of its peers”

Credit rating agency Standard & Poor’s on Friday raised its corporate credit rating on Petrobras, one notch, from B+ to BB-. The rating change does not lift Petrobras out of the non-investment grade category, but it lowers the risk from “highly speculative” to “speculative.”
Tuesday, February 14th 2017 - 11:28 UTC
Brazil forced to import Robusta coffee: first time in decades

Brazil's Agriculture Minister Blairo Maggi said on Monday he has asked the country's Foreign Trade Chamber (Camex) for authorization to open robusta coffee imports at near zero tariff, according to the ministry.
Tuesday, February 14th 2017 - 11:21 UTC
Uruguay's wool and lamb exports dropped 17% in twelve months

Uruguay wool and lamb exports dropped 17% in dollars in the last twelve months compared to the year before. Of the US$ 265 million shipped overseas, China was the main client with 42% of that total, according to the latest Custom stats.
Tuesday, February 14th 2017 - 11:17 UTC
Greater Buenos Aires January consumer prices rose 1.3% in January

Consumer prices in greater Buenos Aires rose 1.3% in January over the previous month, Argentina's official Indec statistics agency announced, far below market expectations and in line with the central bank's annual target. January's reading was slightly above 1.2% inflation in December.
Tuesday, February 14th 2017 - 11:02 UTC
Brazilian media banned from publishing a report on an extortion attempt suffered by the First Lady

A Brazilian judge censored articles in two respected and influential newspapers, Folha de Sao Paulo and O'Globo, which reported on an extortion attempt suffered by the First Lady Marcela Temer last year. Both newspapers anticipated they will be appealing the ruling.
Tuesday, February 14th 2017 - 10:50 UTC
Temer refuses to lose another advisor whose nomination was barred by a judge

Brazilian President Michel Temer on Monday denied suggestions that he is trying to protect a minister implicated in a corruption scandal. Temer is under fire in the media and judiciary for controversially naming his close adviser Wellington Moreira Franco to a cabinet-level position.