International

Monday, September 8th 2014 - 07:07 UTC
Malvinas Argentine sovereignty policy launches book recalling first speech before UN C24

Foreign minister Hector Timerman and Malvinas affairs Secretary Daniel Filmus, made the official presentation of the book “Malvinas Argentine sovereignty; 50 years since ambassador Ruda's speech” which recalls the fiftieth anniversary of the first Argentine presentation on the question of the Malvinas Islands before the UN Decolonization Committee, or C24.
Monday, September 8th 2014 - 06:35 UTC
China aids Argentina: a billion dollars in Yuan pledged by end of the year

Argentina's central bank chief, Juan Carlos Fabrega, met his Chinese counterpart Zhou Xiaochuan in Basilea, Switzerland on Sunday to discuss how a currency swap worth billions of dollars will be put into action, the Argentine monetary authority said.
Monday, September 8th 2014 - 06:23 UTC
London offers greater fiscal autonomy as Scotland poll shows pro-independence is tied with NO vote

The British government on Sunday pledged greater fiscal autonomy for Scotland, after a poll put the pro-independence camp ahead for the first time ahead of the September 18 referendum on separation. Only Scottish residents can vote in the referendum.
Monday, September 8th 2014 - 06:15 UTC
Gibraltar's debut in the 2016 European Championship ends in 7-0 loss with Poland

Gibraltar's competitive football debut ended in a predictably one-sided 7-0 loss to Poland on Sunday when the team predominantly made up of amateurs started 2016 European Championship qualifying.
Saturday, September 6th 2014 - 06:23 UTC
Latin America has the worst homicide and abuse stats in children and teenagers

Latin America and the Caribbean have the largest share of homicides among children and adolescents in the world, revealed a UNICEF report released yesterday. According to the study, in 2012 alone, “more than 25,000 homicide victims in the region were below the age of 20 — representing about one quarter of all homicide victims worldwide.”
Saturday, September 6th 2014 - 03:14 UTC
Argentina says creditors willing to swap bonds; holdouts warn about “contempt of court”

Argentina's Cabinet Chief Jorge Capitanich said on Friday that “many” creditors are willing to accept a change in payment location to collect their money as the ongoing legal dispute with the holdouts continues to endanger the country's international credit and reputation.
Friday, September 5th 2014 - 07:47 UTC
Argentine Senate approves bill changing debt payment jurisdiction; next step Lower House

Argentina's Senate on Thursday passed a bill aimed at circumventing U.S. court decisions regarding its defaulted debt by changing payment jurisdiction, sending the proposal to the lower house Chamber of Deputies for final approval. The chamber, like the Senate, is controlled by government allies who are expected to vote the bill into law.
Friday, September 5th 2014 - 07:33 UTC
NML Capital subpoenaed 18 banks in search of embezzled Argentine funds

NML Capital Ltd, a creditor suing Argentina in the U.S. courts for full payment on defaulted debt, subpoenaed 18 banks last week in an effort to track down 65 million dollars in what it says is embezzled Argentine money laundered through the United States.
Friday, September 5th 2014 - 02:19 UTC
Bank of England leaves interest rate on hold at 0.5%; eyes set on minutes to be released 09/17

The Bank of England has held UK interest rates at a record low of 0.5% for another month. The size of the Bank's economic stimulus program - quantitative easing - was also unchanged at £375bn.
Friday, September 5th 2014 - 02:17 UTC
ECB cuts rates to record low and negative for overnight deposits; Euro/dollar slumps below 1.3

The European Central Bank cut interest rates to new record lows on Thursday, unexpectedly lowering borrowing costs to try to lift inflation from rock-bottom levels (deflation) and support the stagnating euro zone economy. The ECB cut its main refinancing rate to 0.05% from 0.15%.