Latin America

• Thursday, September 25th 2014 - 06:34 UTC

  Cristina Fernandez claims holdouts are committing “economic and financial terrorism”

  

  Argentine President Cristina Fernández accused holdout investors of committing “economic terrorism” and reiterated her wish for a multi-lateral framework to regulate sovereign debt, during her speech before the United Nations 69th General Assembly on Wednesday.

• Thursday, September 25th 2014 - 05:17 UTC

  Argentina must explain to Judge Griesa why it is not in contempt of court

  

  New York district judge Thomas Griesa has asked Argentina to show cause and explain why the country should not be declared in contempt, following its decision not to pay holdout investors full amount for their defaulted bonds as the judge’s ruling ordered on August 8.

• Thursday, September 25th 2014 - 05:06 UTC

  Argentina publicly adds Germany to its list of 'hostile countries'

  

  Argentine Cabinet Chief Jorge Capitanich on Wednesday lashed out at Germany's finance minister, denouncing Berlin's “hostile attitude” toward Argentina's debt restructuring effort. He added that Germany had always had a hostile attitude toward Argentina from an economic and financial point of view.

• Thursday, September 25th 2014 - 03:14 UTC

  Brazil scrambles to support the Real; as Dilma recovers in the polls the currency falls

  

  Brazil’s Real advanced from a seven-month low as the central bank signaled it will maintain support for the currency when it increased the number of foreign-exchange swap contracts offered in a rollover.

• Thursday, September 25th 2014 - 03:12 UTC

  Uruguay presidential campaign: government distributes 10 US dollars for each valid ballot

  

  The Uruguayan government released this week the equivalent of 22.9 million dollars for the financing of political parties campaigning for 26 October when presidential and legislative elections are scheduled. In Uruguay political parties receive government support for electoral activities and private donations are closely scrutinized.

• Wednesday, September 24th 2014 - 16:35 UTC

  FIFA proposes three minute stoppage if a player suffers a suspected concussion

  

  FIFA says its executive committee will this week discuss a proposal to introduce a three-minute stoppage if a player suffers a suspected concussion. Michel D'Hooghe, head of FIFA’s medical committee, recommended the new rules for the treatment of head injuries following a series of incidents in recent months that have sparked criticism of FIFA.

• Wednesday, September 24th 2014 - 15:55 UTC

  Argentia economic situation can become 'harmful' for the region says Moody's

  

  Credit ratings agency Moody's Investors Service has warned about the Argentine situation which can become “harmful” for Latin America, stating that the country's economy is in “decline” and qualifying current policies as “highly risky.”

• Wednesday, September 24th 2014 - 15:44 UTC

  Marina blasts Dilma Rousseff for not supporting UN deforestation dead line initiative

  

  Environmentalist and presidential opposition candidate Marina Silva blasted Brazilian president Dilma Rousseff for not supporting an initiative to put a deadline on deforestation supported by 32 countries this Tuesday during the Climate summit in New York.

• Wednesday, September 24th 2014 - 15:42 UTC

  Deforestation deadline initiative watered down by lack of support from Brazil

  

  More than 30 countries set the first-ever deadline on Tuesday to end deforestation by 2030, but the feasibility of such a goal was eroded when a key player, Brazil, said it would not join.

• Wednesday, September 24th 2014 - 06:32 UTC

  Morales opens indigenous peoples conference in New York blasting capitalism

  

  Evo Morales, Bolivia’s first indigenous president, inaugurated the first World Conference on Indigenous Peoples at the UN on Monday and said he is living proof that the community can “govern and not just vote.”