International

• Friday, February 15th 2013 - 05:45 UTC

  Argentine Jewish community rejects point blank agreement with Iran; full Senate debate on 21 February

  

  The heads of the AMIA and DAIA Jewish umbrella organizations, Guillermo Borger and Julio Schlosser, strongly rejected the memorandum of understanding signed between Argentina and Iran in order to create a truth commission looking to investigate the 1994 terrorist attack that left over 80 people dead and dozens injured.

• Friday, February 15th 2013 - 05:36 UTC

  China became in 2012 the world’s biggest trading nation surpassing the US

  

  China surpassed the US to become the world's biggest trading nation last year as measured by the sum of exports and imports of goods, a milestone in the Asian nation's challenge to the US dominance in global commerce.

• Friday, February 15th 2013 - 05:34 UTC

  Germany and France poor performance plunge Euro zone into recession

  

  The Euro zone slipped deeper into recession in the last three months of 2012 after its largest economies, Germany and France, shrank markedly at the end of the year. It marked the bloc's first full year in which no quarter produced growth, extending back to 1995.

• Friday, February 15th 2013 - 05:29 UTC

  G-20 Finance ministers to discuss effects of monetary stimuli and currency values

  

  The finance ministers of the G20 group of nations are meeting in Moscow amid concerns that major trading powers may be heading towards a currency war. Japan's monetary stance has seen a big decline in the Yen, while the Euro has risen against a basket of currencies.

• Thursday, February 14th 2013 - 23:35 UTC

  Fitch Ratings downgrades Argentina and Venezuela prospects for 2013

  

  Fitch ratings has lowered Argentina, Venezuela and El Salvador credit and growth prospects to negative, while for the rest of Latinamerica the situation remains stable, according to a seminar in Frankfort, on “Latinamerica opportunities and challenges”.

• Thursday, February 14th 2013 - 21:00 UTC

  Beijing's pollution alarms neighbours

  

  The good news for the Chinese leadership is that their fiscal policies have paid off, producing both the world's second largest economy and the globe's leading creditor nation in less than a generation.

• Thursday, February 14th 2013 - 20:25 UTC

  Standing ovation in Washington for youth orchestra from Uruguay

  

  A Youth Orchestra from Uruguay which performed in the Hall of the Americas at the headquarters of the Organization of American States (OAS) in Washington DC received a standing ovation.

• Thursday, February 14th 2013 - 20:10 UTC

  UK will block IADB and World bank loans to Argentina because of financial ‘misconduct’

  

  UK joined the group of countries that vote against granting multilateral organizations’ loans to Argentina as a form of protesting the mistrust generated by the government of President Cristina Fernandez recurrent international misconduct, reports the Buenos Aires media.

• Thursday, February 14th 2013 - 01:49 UTC

  Argentina’s January inflation, 2.58%, highest in 22 months according to private estimates

  

  Argentina’s inflation last January was the highest in twenty two months, 2.58%, according to the average of private estimates which are banned from making public their findings, but which are released by the Congressional Freedom of Expression Committee.

• Thursday, February 14th 2013 - 01:47 UTC

  New York court agrees to hear bank that supports Argentina in debt restructure case

  

  A New York federal appeals court has agreed to hear from more parties potentially affected by its review of a decision requiring Argentina to pay 1.33 billion dollars to bondholders who did not participate in two debt restructurings.