Stories for 2018

Monday, September 3rd 2018 - 09:25 UTC
Argentina's efforts to regain confidence: cutting number of ministries and taxes on farm exports

Argentina is drafting plans to cut its budget deficit to convince nervous investors it can pay its debts and this Monday Finance minister Nicolas Dujovne is scheduled to announce measures, before traveling to Washington to meet with IMF's chief Christine Lagarde.
Monday, September 3rd 2018 - 09:24 UTC
Lula's party challenges Electoral Court ruling and keeps him as candidate

Brazil's Workers Party, PT, said on Saturday that it's sticking with former president Lula da Silva as its presidential candidate even though the electoral court has thrown him off the ballot for an election just five weeks away.
Monday, September 3rd 2018 - 09:20 UTC
EU and UK clash openly over Theresa May's Chequers plan

The EU's chief Brexit negotiator Michel Barnier has said he is “strongly” opposed to key parts of Theresa May's proposals for a future trade deal. On Sunday morning the prime minister said she would not compromise on the UK government's Chequers plan.
Monday, September 3rd 2018 - 09:18 UTC
Brazil's memory destroyed in a massive fire at the National Museum in Rio

A massive fire on Sunday raced through Brazil’s 200-year-old National Museum in Rio de Janeiro on Sunday, probably destroying its collection of more than 20 million items, ranging from archeological finds to historical memorabilia.
Monday, September 3rd 2018 - 09:10 UTC
Upset Hindus urge Chilean brewery to withdraw goddess Kali beer & apologize

Upset Hindus are urging Chile's based Cerveza Bundor craft brewery to apologize and retire its “Kali IPA” beer carrying the re-imagined image of Hindu goddess Kali; calling it highly inappropriate.
Monday, September 3rd 2018 - 08:32 UTC
Falkland Islands: New titanium collector crown coins feature the crab

The government and treasury of the Falkland Islands issued on 30th August new collector crown coins which feature one of the region’s most familiar side-walking sea-dwelling creatures — the ever familiar crab.
Monday, September 3rd 2018 - 07:47 UTC
Falklands' competition open to students from Argentina, Brazil, Chile and Uruguay

The Government of the Falkland Islands and the British Embassies in Argentina, Brazil, Chile and Uruguay invites university students to participate. This regional competition offers winners the chance to visit the Falklands for a week with all the costs covered.
Saturday, September 1st 2018 - 09:27 UTC
S&P places Argentina credit ratings under review

S&P said on Friday it may lower Argentina's long-term foreign currency rating from its current B+ grade, which is four notches below investment grade -- and on par with Turkey, Greece and Fiji. The ratings company cited the risk of worsening creditworthiness and exchange rate volatility as potential threats to the economic adjustment measures undertaken by Mauricio Macri’s administration.
Saturday, September 1st 2018 - 08:00 UTC
Mercosur expecting a “move” from the EU at this month's negotiations in Montevideo

Brazil's Foreign Minister Aloysio Nunes said he expects more “movement” from the European Union as long running talks on a free trade deal with his South American bloc Mercosur head into the home stretch.
Saturday, September 1st 2018 - 07:46 UTC
IMF strong support helps stabilize Argentine Peso; Macri preparing new economic package

Argentina’s beleaguered peso stabilized on Friday as the central bank said it would auction a large amount of dollar reserves, and the International Monetary Fund (IMF) issued a strong statement of support for President Mauricio Macri’s government.