International

• Thursday, December 10th 2015 - 08:18 UTC

  Pollack confirms Macri´s administration intention of negotiating with hedge funds

  

  The court-appointed mediator in a long-running debt dispute pitting Argentina against holdout hedge funds said Wednesday that President-elect Mauricio Macri's incoming administration intended to negotiate a settlement.

• Wednesday, December 9th 2015 - 08:38 UTC

  Oil prices plummet to seven-year lows on global supply glut

  

  Oil prices slid on Tuesday, approaching seven-year low points on a global supply glut and weak demand growth. Crude futures had already slumped Monday after the OPEC oil producers cartel last week refused to slash record high output, in a market dogged by oversupply.

• Wednesday, December 9th 2015 - 08:17 UTC

  Malcorra does not discard a trade agreement with US; Obama could visit Argentina next year

  

  Argentina's foreign minister-designate Susana Malcorra said the FTAA (Free Trade Area Of the Americas) is not a bad word suggesting the country could eventually sign a free trade deal with the United States in the future. She also referred to the Falklands/Malvinas dispute, “an urgent claim” but focusing on things in common and “not differences”.

• Tuesday, December 8th 2015 - 08:40 UTC

  “Relations with Britain can't be limited to the Malvinas issue”, says Malcorra

  

  Argentina's next foreign minister Susana Malcorra, who will have the task of reestablishing relations with 'all countries', including those with which there are pending or difficult situations, made it a point to underline British Prime Minister David Cameron's gesture of phoning president elect Mauricio Macri to congratulate him on his victory.

• Tuesday, December 8th 2015 - 01:06 UTC

  Falklands' Battle Day commemorated in London

  

  Battle Day was commemorated in the traditional manner at the Cenotaph in central London on Saturday 5th December. The traffic was stopped in Whitehall, and the service was conducted by former Rector of Christchurch Cathedral in Stanley the Rev. Dr. Richard Hines.

• Tuesday, December 8th 2015 - 00:27 UTC

  Major food commodity prices down 18% over a year ago, says FAO index

  

  Major food commodity prices fell in November, reversing about half their rise in the previous month, as the cost of internationally-traded staples, except for sugar, fell across the board. The FAO Food Price Index averaged 156.7 points in November, down 1.6 percent from its revised October average, and 18% below its value a year earlier.

• Monday, December 7th 2015 - 08:19 UTC

  France's far right National Front with record gains in regional elections

  

  France's far-right National Front (FN) saw record gains in the first round of regional polls on Sunday, held under a state of emergency just three weeks after Islamic extremists killed 130 people in Paris. Despite the strong result, it faces an uphill battle to clinch a run-off vote next week after Socialists withdrew candidates to block it from power.

• Sunday, December 6th 2015 - 12:23 UTC

  Bank of China faces daily fine in the US unless it complies with court order

  

  The Bank of China will face a daily fine in the US unless it complies with a court request to give details of customers accused of selling fake goods. The bank was held in contempt of court in Manhattan last week for refusing to turn over the records.

• Saturday, December 5th 2015 - 07:39 UTC

  London and BOTs reaffirm right to self determination and “countering hostile sovereignty claims”

  

  The United Kingdom and British Overseas Territories have agreed to work together to counter hostile sovereignty claims and defend the right to self determination, according to a communiqué issued by the Joint Ministerial Council meeting in London which also touches upon the EU Referendum, tax and banking.

• Saturday, December 5th 2015 - 07:10 UTC

  A range of possible results in Venezuela's Sunday legislative election

  

  By David Rosnick (*) A new paper from the Center for Economic and Policy Research (CEPR) finds that there may be a significant disparity between the popular vote and legislative seats claimed by parties in Venezuela’s December 6 National Assembly elections.