International

Friday, February 1st 2013 - 23:02 UTC
IMF censures Argentina; ‘remedial measures’ expected by September

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.
Friday, February 1st 2013 - 20:13 UTC
Falklands regret Timerman attitude and calls on Argentina “to respect our rights”

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.
Friday, February 1st 2013 - 06:54 UTC
US Congressman supports Falklands’ referendum: “it is good to test people’s opinion”

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.
Thursday, January 31st 2013 - 07:47 UTC
Argentina ‘irritated’ with Israel’s attitude towards accord with Iran to investigate 1994 bombing

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.
Thursday, January 31st 2013 - 07:25 UTC
Dutch court has Shell ‘off the hook’ in four of five pollution claims in Nigeria

Royal Dutch Shell, Europe’s biggest oil company, isn’t liable in four out of five claims bought by Nigerian farmers for pollution, a Dutch court ruled. However the company’s local venture must pay compensation in one case.
Thursday, January 31st 2013 - 07:16 UTC
Canada and US agree on meat and livestock trade when animal disease outbreaks

Canada and the United States have agreed to maintain livestock and meat trade during animal disease outbreaks using a new system that targets trade bans more precisely by region, Canadian Agriculture Minister Gerry Ritz said this week.
Wednesday, January 30th 2013 - 15:34 UTC
US economy contracts in fourth quarter, first time since 2009 global recession

The US economy unexpectedly shrank at an annualised rate of 0.1% in the fourth quarter of 2012, initial official estimates indicate. If confirmed, it would be the first contraction logged by the US economy since the 2009 global recession. The world's largest economy grew 3.1% in July to September.
Wednesday, January 30th 2013 - 15:18 UTC
Timerman taking the Falklands’ dispute to London in an event with EU figures

Foreign minister Hector Timerman will be taking the Falklands/Malvinas sovereignty claim to London where next week he is scheduled to meet outstanding figures from 18 European countries that have been calling for a resumption of negotiations, according to a release from the Argentine embassy in UK.
Wednesday, January 30th 2013 - 06:44 UTC
IMF informally briefed on Argentina and on Friday will address possible censure

The International Monetary Fund’s board of directors was informally briefed on the economic situation in Argentina, which has refused to undergo an annual assessment since 2006.
Wednesday, January 30th 2013 - 06:39 UTC
Brazil committed to CELAC and to all regional and subregional integration groups

Brazil said Latinamerica and Caribbean cohesion does not only mean strengthening CELAC (Community of Latinamerican and Caribbean States) but also advancing in the other integration processes of the region.