Italy's former Prime Minister Silvio Berlusconi announced his last great electoral and political battle with a sweeping promise to cut taxes and the cost of government if his centre-right wins elections this month.
Burger King Worldwide has taken a tough stand with Irish meat supplier Silvercrest Foods. The fast food giant was buying meat for its hamburgers it was selling in the United Kingdom, Denmark and Ireland.
World soccer's governing body cannot battle corruption in the game alone and national associations must also join in, according to FIFA president Sepp Blatter. He believes all of FIFA's 209 member associations plus the continental confederations should follow its example by setting up independent ethics committees to investigate and punish any corrupt behaviour by their officials.
Following Friday’s IMF ‘declaration of censure’ on Argentina because of the lack of reliability in its inflation and GDP stats, and the country’s first reaction virtually describing the Fund as mother of all financial evils, Minister of Economy Hernan Lorenzino announced a new ‘national’ Consumers Prices Index to be implemented in the course of this year and which will replace the current GBA-IPC.
Argentina’s leading Jewish organization, AMIA, contrary to a few days ago when meeting Foreign minister Hector Timerman, rejected the deal signed by the government of President Cristina Fernandez and Iran to create an independent international ‘truth commission” to investigate the 1994 terrorist attack on AMIA and demanded the redrafting of a new accord.
The last round of the Falklands’ dispute between the UK and Argentina seems to have exposed a new blunder of Minister Hector Timerman, since according to the Foreign Office from the very request last December for a meeting with Foreign Secretary William Hague this month in London, the Argentine official was clearly informed that Falklands’ representatives would be present when the particular issue of the Islands was raised.
Argentina became the first country censured by the International Monetary Fund for not sharing accurate data on inflation and economic growth under a procedure that can end in expulsion. The declaration of censure was adopted Friday by the IMF 24-member board of directors and even if it doesn’t have immediate effects, the decision takes the country a step closer to sanctions that include barred access to IMF loans.
The Falkland Islands government said on Friday it deeply regrets that Argentine Foreign Minister Hector Timerman refused to meet with lawmakers from the Islands and Foreign Secretary William Hague, next week when he travels to London.
Visiting United States Congressman Thomas E Petri expressed approval of the decision of Falkland Islanders to hold a referendum on the political status and future of the Falklands.
Argentine Foreign Minister Héctor Timerman summoned on Wednesday Israeli ambassador to Argentina Dorit Shavit, and expressed the “surprise and irritation” of President Cristina Fernandez government after learning that Tel Aviv had demanded an explanation from Argentine ambassador to Israel with regards to the recent agreement between Argentina and Iran.