MercoPress. South Atlantic News Agency
Stories for May 15th 2018
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Tuesday, May 15th 2018 - 07:26 UTC
Berlusconi is back: ban from holding public office lifted by Italian court
An Italian tribunal has lifted a ban on veteran centre-right leader Silvio Berlusconi from holding public office, meaning he could run to be prime minister in the next national election.
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Tuesday, May 15th 2018 - 07:19 UTC
Falklands planned demining demolitions scheduled for next Friday
The Falkland Islands Demining project has scheduled another planned demolition next Friday, 18 May and has set out preparations in a release.
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Tuesday, May 15th 2018 - 06:54 UTC
Argentina's “L” Day challenge: US$ 25bn in Peso bonds mature on Tuesday
The Argentine Peso plummeted to a new low on Monday despite government attempts to curb losses in recent weeks by hiking interest rates and shedding billions in foreign reserves. The Peso fell sharply on opening Monday and closed down 6.2%, trading at 25.52 against the dollar, having lost close to 33% so far this year.
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Tuesday, May 15th 2018 - 06:43 UTC
Argentine admits less growth and more inflation, but exports could be boosted with a dearer dollar
High interest rates will have a negative impact on activity, and the weaker peso resulting from a floating exchange rate regime will add to already sky-high inflation, but both are necessary to prevent a deeper crisis, Argentine Treasury Minister Nicolas Dujovne admitted on Monday.
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Tuesday, May 15th 2018 - 06:36 UTC
Cristina Fernandez formally charged of money laundering and illicit association
Argentine federal judge, Julian Ercolini, on Monday began legal proceedings against former President Cristina Fernandez de Kirchner (2007-2015) and her two children on charges of money laundering and illicit association.A statement from the court said that Ercolini had frozen assets belonging to the family worth 800 million pesos (some 32 million U.S. dollars).
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Tuesday, May 15th 2018 - 06:21 UTC
Palestinians anticipate another day of fury, despite 55 deaths by the Israel army
Fresh protests against Israel are expected on Tuesday in the Palestinian territories, a day after Israeli troops killed 55 people in Gaza. Tuesday marks the 70th anniversary of what Palestinians call the Nakba, or Catastrophe, that saw thousands flee amid the creation of Israel in 1948. Tensions will be particularly high in Gaza where funerals for those killed on Monday are due to take place.
