International

• Tuesday, June 24th 2014 - 23:52 UTC

  Unasur sides with Argentina and warns about “global financial stability”

  

  The Union of Southern Nations (UNASUR) expressed its solidarity with Argentina after US Supreme Court decision to dismiss the country’s appeal in its legal dispute with holdout hedge funds, rejecting “the behavior of speculative agents that endanger the agreements reached between debtors and creditors”.

• Tuesday, June 24th 2014 - 23:30 UTC

  Argentina's bond fight with holdouts will be addressed by G-77 plus China

  

  Argentina’s bond fight against holdout hedge funds will reach the United Nations headquarters on Wednesday when Economy Minister Axel Kicillof addresses the G77 plus China 134-nations plenary on Argentina's debt restructuring process.

• Tuesday, June 24th 2014 - 22:37 UTC

  Hedge fund calls on Judge Griesa to reject 'stay' order requested by Argentina

  

  Hedge fund NML Capital have dismissed the Argentine government's request to reestablish a stay on payments to the holdout hedge funds, and called on New York judge Thomas Griesa to reject the plea.

• Tuesday, June 24th 2014 - 04:30 UTC

  Foreign Office flies the British Antarctic Territory flag to mark mid-winter day

  

  The 21st June was Mid-Winter’s Day in The British Antarctic Territory and to mark the occasion, Commissioner Dr Peter Hayes has written to UK Base (Rothera, Halley, King Edward Point, Bird Island) Commanders and staff to thank them for their ongoing hard work within the Territory.

• Tuesday, June 24th 2014 - 04:19 UTC

  Brazil's supermodel declines invitation to deliver the World Cup 13 July

  

  Brazil's supermodel Gisele Bündchen who was to deliver the World Cup to the winning team next 13 July has declined the invitation from FIFA. Allegedly Gisele does not want to link her image to an event which has been highly criticized by Brazilian public opinion, according to the Brazilian media.

• Monday, June 23rd 2014 - 22:14 UTC

  Hugo Swire visits Costa Rica to meet the new government officials

  

  The British Minister of State for Latin America, Hugo Swire, arrived to Costa Rica on Monday June for his first official visit to the Central American country and the British Government’s first audience with the new government since the inauguration of President Luis Guillermo Solis on 8 May 2014.

• Monday, June 23rd 2014 - 21:53 UTC

  Royal Navy's first ever remotely-piloted air system takes flight

  

  Just 7 months after the British Ministry of Defense ordered the system from Boeing Defense UK, footage released today, 22 June, shows ScanEagle taking flight from HMS Somerset in the Gulf.

• Monday, June 23rd 2014 - 07:29 UTC

  French energy 'jewel' Alstom taken over by General Electric

  

  The board of directors of French power-to-rail group Alstom unanimously approved US conglomerate General Electric's 12.35 billion Euro bid to acquire its energy business.

• Monday, June 23rd 2014 - 04:39 UTC

  Mercosur and Celac stand by Argentina in the hedge funds litigation

  

  Mercosur and Celac country-members expressed support for Argentina and its ongoing litigation with the holdout hedge funds, particularly last week's decision from the US Supreme Court, (which refused to consider the case), and the financial consequences emerging from such a position.

• Monday, June 23rd 2014 - 04:08 UTC

  Jubilee Debt Campaign supports Argentina against “vulture funds” quick bucks

  

  The following letter under the heading of “Urgent need for legislation on Argentina debt” was published in the Financial Times and refers to the ongoing battle with the holdout hedge funds.The piece is signed by Tim Jones, Policy Officer, Jubilee Debt Campaign, London, N1, UK.