Stories for June 25th 2019

Tuesday, June 25th 2019 - 23:38 UTC
The last Kirchner government taught a generation of Falkland Islanders not to trust Argentina

Falkland Islands elected lawmaker MLA Roger Spink in his Tuesday speech before the UN Committee on decolonization called on the Argentine representatives to leave aside colonial and conquering wishes over the Islands and start behaving as a 21st-century member of the world community, respecting democratic rights and living and working in harmony with regional neighbours.
Tuesday, June 25th 2019 - 09:55 UTC
Italy demands Uruguay to explain how “Milan's cocaine king” escaped from a jail in police HQ

Italy' Home Secretary Matteo Salvini called on Monday the Uruguayan government asking to explain how one of the most wanted criminals in the world, known as Milan's cocaine king, managed to escape from a jail in Montevideo where he was waiting for his extradition to Italy.
Tuesday, June 25th 2019 - 09:51 UTC
The Economist: “In Argentina, the IMF has been neither toxic nor triumphant”

“What good is it to throw a man ten feet of rope if he is drowning in 20 feet of water?” asked Kenneth Rogoff, former chief economist of the IMF, to The Economist 15 years ago. His question still bothers the institution he used to advise.
Tuesday, June 25th 2019 - 09:50 UTC
Lula's habeas corpus request postponed with no date set

The Brazilian Supreme Court postponed on Monday the voting for the habeas corpus request of Brazil's former president Lula da Silva. Supreme Court Judge Carmen Lucia took off the review for the habeas corpus from the schedule for Tuesday, and a new date has not been set.
Tuesday, June 25th 2019 - 09:21 UTC
In an open letter, US super rich want to pay higher taxes

Some of America's richest people are urging US presidential candidates to back a wealth tax on the super-rich to improve inequality and climate change. “America has a moral, ethical and economic responsibility to tax our wealth more,” they said in a letter.
Tuesday, June 25th 2019 - 09:07 UTC
Argentina sowing what is forecasted as an excellent crop of wheat, some 22 million tons

Argentine farmers are expected to plant 6.5 million hectares of wheat in the 2019/20 season, the government said in a report, citing good rainfall as the reason for the increase from its previous forecast of 6.46 million hectares.
Tuesday, June 25th 2019 - 09:06 UTC
Bolsonaro to meet President Xi for the first time next Friday in Osaka

Brazilian President Jair Bolsonaro, who criticized China last year for “buying” up his country, will meet with Chinese President Xi Jinping for the first time on the sidelines of this week's G20 meeting in Japan, his office said on Monday.
Tuesday, June 25th 2019 - 09:05 UTC
US Supreme Court upholds lower court shareholder lawsuit against YPF

The U.S. Supreme Court on Monday rejected Argentina’s bid to fend off a lawsuit by energy company Petersen Energía Inversora, S.A. seeking compensation for shares it owned in the now-nationalized YPF S.A. energy company.
Tuesday, June 25th 2019 - 08:51 UTC
Pilots started class-action lawsuit accusing Boeing of covering up the 737 MAX faulty sensor

An airline pilot, identified only as ‘Pilot X’ in court documents, started a class-action lawsuit against Boeing, accusing US plane maker of covering up the 737 MAX’s faulty sensor issue and keeping pilots in the dark about the feature in the pursuit of quick returns.
Tuesday, June 25th 2019 - 08:48 UTC
YPF back in the money market issuing US$ 500 million ten year notes

YPF, Argentina’s biggest oil company, sold overseas bonds for the first time in more than a year after a plunge in borrowing costs opened a window of opportunity. The state-owned driller issued US$ 500 million of 10-year, dollar-denominated notes to yield 8.75%.