International

• Wednesday, March 26th 2014 - 05:54 UTC

  NML Capital targets Argentina's contract for satellite launches with private US company

  

  An Argentine bondholder seeking to collect on hundreds of millions of dollars in judgments stemming from the country's historic 2002 default filed a lawsuit on Tuesday aiming to take control of the country's rights under a contract for satellite launches with a private US firm.

• Wednesday, March 26th 2014 - 05:49 UTC

  Russia and US leave aside differences and call for measures to impede nuclear terrorism

  

  World leaders called on Tuesday for countries to cut their stocks of highly enriched nuclear fuel to the minimum to help prevent al Qaeda-style militants from obtaining material for atomic bombs.

• Wednesday, March 26th 2014 - 05:41 UTC

  UK universities delegates visit Chile for closer education and scientific research links

  

  High level delegates from twelve British universities visited Chile the week of 17 March to deepen their partnerships with the country, becoming the first large international education delegation to visit under the new Chilean government of President Michelle Bachelet.

• Wednesday, March 26th 2014 - 05:33 UTC

  Country and organizations support for Argentina's litigation with hedge funds increases

  

  Argentina underlined the support from Brazil, France, Mexico, (even the IMF), among other institutions in the country's long exhausting litigation with hedge funds, an issue which is “crucial for Argentina and the whole international financial system”.

• Tuesday, March 25th 2014 - 23:09 UTC

  China's manufacturing sector contracted in March, according to private survey

  

  China's manufacturing sector showed further contraction in March, according to a new report which mainly tracks activity in smaller factories. The HSBC Purchasing Managers' Index (PMI) gave a reading of 48.1 for March, compared to 48.5 in February.

• Tuesday, March 25th 2014 - 09:30 UTC

  Despite backlash from the extreme right, France will stick to economic reforms, says minister

  

  President Francois Hollande's government will stick to planned economic reforms and spending cuts despite being punished in local elections where the anti-immigrant National Front (FN) made gains, the French finance minister said on Monday.

• Tuesday, March 25th 2014 - 09:25 UTC

  Malaysia officially declares that Flight MH370 crashed in the Indian Ocean

  

  The Malaysia Airlines plane that disappeared over two weeks ago crashed in the southern Indian Ocean, Prime Minister Najib Razak announced on Monday. New satellite analysis from Britain had shown that Flight MH370, with 239 people on board, was last seen in the middle of the Indian Ocean west of Perth, Australia, he said in a statement.

• Tuesday, March 25th 2014 - 09:06 UTC

  Argentina ready to sign for the Israeli Kfir Block 60 fighter aircraft

  

  Argentina is advancing in negotiations with Israel for the purchase of the multi-purpose combat aircraft Kfir Block 60, which is supposed to replace the aging Mirage III, on service for over four decades.

• Monday, March 24th 2014 - 06:55 UTC

  Brazil, France and Mexico to file papers before the US Supreme Court in support of Argentina

  

  Brazil, France and Mexico are expected to file papers in the US Supreme Court on Monday backing Argentina in its legal battle with bondholders who refused to take part in debt restructurings from the country's 2002 default, according to a source familiar with the litigation.

• Monday, March 24th 2014 - 06:52 UTC

  Spain mourns the loss of the man who played a key role in the transition to democracy

  

  Former Prime Minister Adolfo Suarez, who played a key role in Spain's transition to democracy, died in Madrid on Sunday. He was 81. The former premier was hospitalized last Monday with respiratory problems related to Alzheimer's, his family said.