Politics

Thursday, February 4th 2016 - 07:21 UTC
Kirchnerite opposition splits; Macri now has the main block in the Lower House

Argentina's main opposition party suffered a split on Wednesday after an estimated fifteen of its lawmakers quit, party leaders admitted, handing a boost to newly-elected President Mauricio Macri's hopes of pushing his legislative agenda through Congress. In effect, Macri's political alliance in the Lower House becomes the majority grouping.
Wednesday, February 3rd 2016 - 07:23 UTC
Argentina agrees to pay Italian bond holders including “a reasonable interest”

Argentina announced Tuesday that it reached a $900 million preliminary accord to settle its pending debt with 50,000 Italian holders of defaulted Argentine government bonds. Finance minister Alfonso Prat-Gay said that the agreement with Italian bondholders includes the Argentine government's acknowledgement of the debt “and reasonable interest”.
Wednesday, February 3rd 2016 - 07:10 UTC
Chilean football fans vandalize Malvinas memorial in Rosario: 46 arrests

Two of the 46 Chileans arrested on Monday for vandalism against a Malvinas Fallen Monument in Argentina's second largest city, Rosario, were still waiting on Tuesday for the prosecutors' charges before going before a federal judge. During the first hearing, advised by a government supplied lawyer, the Chileans abstained from making any statement while demanding to be set free.
Wednesday, February 3rd 2016 - 07:04 UTC
Harsh time for Rousseff in Congress: booing and threats of more difficulties

Brazilian Congress gave on Tuesday a harsh welcome to President Dilma Rousseff at its yearly inaugural session, booing her and threatening new “difficulties” added to the turbulent relations that prevail between the executive and legislative branches.
Wednesday, February 3rd 2016 - 06:15 UTC
Brazil airline shares soar as regulator admits opening to foreign capital

Brazilian airline shares soared nearly 30% on Monday after a newspaper report said the government may scrap limits on foreign ownership of domestic airlines to attract investment to the struggling sector. President Dilma Rousseff may propose legislation giving her discretion to let foreign groups own as much as 100% of local airlines, up from 20%, Valor Econômico reported.
Wednesday, February 3rd 2016 - 05:14 UTC
Four MPs expected in the Falklands next week: two Tories and two Labour

A group of four Members of Parliament from Britain will be visiting the Falkland Islands as guests of FIG from February 11-16, accompanied by Sukey Cameron MBE, from the Falkland Islands Government Office in London.
Tuesday, February 2nd 2016 - 12:07 UTC
Havana Club rum war: Bacardi appeals US decision to let Cuba have the trademark

Bacardi filed suit on Monday against the United States demanding an explanation of its decision to let Cuba sell Havana Club rum in the United States once the U.S. trade embargo against the Castro brothers' island is lifted.
Tuesday, February 2nd 2016 - 11:59 UTC
FIFA puts Conmebol and Concacaf funding 'on hold' given 'current proceedings'

FIFA has cut off funding to the corruption-hit confederations for football in the Americas, the global football body said on Monday, in a move which could cause future cash flow problems for the two organizations.
Tuesday, February 2nd 2016 - 06:12 UTC
Iowa surprise: Senator Ted Cruz beats Donald Trump: “I'm honored by second place”

Texas Senator Ted Cruz has won the Iowa Republican caucuses, the first vote of the US 2016 presidential election. He took 28% of the Republican vote, beating his rival, the once frontrunner Donald Trump, and Marco Rubio.
Tuesday, February 2nd 2016 - 05:58 UTC
Raul Castro received in Paris with full honors; Hollande calls for an end of US sanctions on Cuba

French President Francois Hollande called Monday for an end to US sanctions on Cuba during a historic visit to Paris by President Raul Castro, seen as a key step in rebuilding ties with the West.