Rating agency Moody's changed to negative the rating outlook on 30 rated Argentine financial institutions on Thursday. Moody's cut the outlook to negative from stable, as a reflection of the outlook change on the country announced last week.Moody's rates Argentina at B3, six levels into junk territory.
British Prime Minister David Cameron arrived in Brazil on Thursday to promote UK business and capitalise on the success of the summer Olympic games. Cameron first stop was Sao Paulo where he arrived with a 58-strong business delegation and opened a new £60m JCB factory.
There can be no negotiations on the sovereignty of the Falkland Islands unless and until such time as the Islanders so wish was the official reply from the UK to remarks made by Argentine president Cristina Fernandez during her speech on Tuesday before the UN General Assembly.
Cruise ship operator Carnival has reported profits that beat analysts' expectations, sending shares higher. Carnival had said in March that the sinking of its Costa Concordia cruises ship in January could wipe out profits this year as people shunned cruises.
The region of Catalonia announced on Tuesday it was calling a snap election over its drive for greater independence, deepening Spain’s crisis as its government struggles to avoid a full-blown bailout.
China has “no intention of influencing” the coming Venezuelan elections said a Foreign ministry spokesperson in Beijing following allegations from opposition presidential candidate Henrique Capriles that recent economic agreements signed between Beijing and Caracas are part of that strategy.
The World Health Organization, WHO, announced on Tuesday that no additional cases of acute respiratory syndrome with renal failure due to infection with a novel coronavirus have been reported.
President Cristina Fernández announced that Argentina and Iran will meet to discuss the two bombings of Jewish targets in the 1990's, attacks in which Iran was accused by Argentine courts of playing a role.
Mercosur is losing credibility before European countries following the recent suspension of Paraguay from the group and the later incorporation of Venezuela as full member said Paraguayan president Federico Franco who on Tuesday met with Spanish Prime Minister Mariano Rajoy.
President Cristina Fernández once again claimed Argentina’s sovereignty over the Falklands/Malvinas islands and urged the United Kingdom to accept talks and abide by the United Nations resolutions on the matter which has become a “global issue”. The Argentine leader also asked for the demilitarization of the South Atlantic.