International

Tuesday, December 29th 2015 - 08:23 UTC
JPMorgan-Chase describes Macri's Argentina as “a ray of sunshine” in the region

A growing number of foreign investors are signaling interest in Argentina following the pro-market turn that newly-inaugurated President Mauricio Macri started showing since taking office. The latest financial player to endorse the country as a promising investment destination was JP Morgan Chase, the largest bank in the United States, where current Finance Minister Alfonso Prat-Gay worked in the past.
Tuesday, December 29th 2015 - 08:07 UTC
Israel pressing Brazil to accept pro-settler activist as its ambassador

Brazil’s reluctance to accept an Argentine born pro-settler politician as Israeli ambassador has triggered a diplomatic clash and concerns it could seriously damage future relations between the two countries.
Monday, December 28th 2015 - 08:50 UTC
Uruguayan officials invited to London to learn about Public-Private-Partnership

Uruguayan representatives of public entities who travelled to the United Kingdom and Brazil fed back on their experiences on Public-Private Partnership in an event held in the central office of the National Development Corporation (CND) in Montevideo.
Monday, December 28th 2015 - 07:59 UTC
UK largest banks paid no corporation tax in 2014, by offsetting past losses

Five of the largest banks in the UK paid no corporation tax in 2014, despite making billions of pounds in profits, analysis by Reuters has shown. JP Morgan, Bank of America Merrill Lynch, Deutsche Bank, Nomura Holdings and Morgan Stanley paid no corporation tax at all, the news agency said. The banks offset past losses against their taxable income for 2013-14.
Monday, December 28th 2015 - 07:14 UTC
Argentina's MOU with Iran sponsored by Cristina Fernandez, dropped by Macri

Argentina's divisive 2013 Memorandum of Understanding (MOU) with Iran was finally dropped became after Argentine Federal Judges Juan Carlos Gemignani and Angela Ledesma accepted a request filed by the president Mauricio Macri administration Justice Ministry to drop the Executive’s appeal to the Federal Cassation Court.
Monday, December 28th 2015 - 07:00 UTC
Malvinas 'a constitutional issue, not optional'; plans for a South Atlantic secretariat which includes Antarctica

Argentina's foreign minister Susana Malcorra stated that the conflict with the United Kingdom over the Falklands/Malvinas Islands sovereignty is “a constitutional issue, not optional”, and described the position of the former Cristina Fernandez administration on the matter as “too tough”, while pledging that the “conflict must and will be integrated into a wider perspective”.
Thursday, December 24th 2015 - 11:23 UTC
Merry Christmas from MercoPress

MercoPress wishes a Happy Holiday Season to all its readers and sponsors!
Thursday, December 24th 2015 - 08:14 UTC
Malcorra tries to build a consensus on 'State objectives' with former ministers

In another attempt to display unity and consensus on 'State objectives' policy, Argentina's foreign minister Susana Malcorra welcomed six of her predecessors for lunch and a “frank” exchange of points of view on Argentina’s foreign policy.
Thursday, December 24th 2015 - 08:08 UTC
Italy's PM Rienzi looks to Spain and warns about the results of austerity in political systems

After Spain's elections on Sunday left the ruling Popular Party and president Mariano Rajoy well short of an absolute majority, Italian Prime Minister Matteo Renzi argued this showed Europe does not want austerity, and those who apply them, even successful, are knocked out politically.
Thursday, December 24th 2015 - 07:55 UTC
Socialists reject Rajoy's offer to join a PP government, but all parties want to avoid new elections in two months

Spanish Prime Minister Mariano Rajoy suffered a first major setback in his bid to stay in office as the Socialists refused Wednesday to back his attempt to form a new government following an inconclusive general election. Rajoy's conservative Popular Party won the most ballots in Sunday's vote but lost its absolute majority in the 350-seat lower house of parliament, taking just 123.