Politics

Monday, November 2nd 2015 - 09:30 UTC
Petrobras largest union on strike protesting sale of company's assets

Brazil's largest oil union began an open-ended strike on Sunday, protesting against attempts by the government to shrink the state-run oil company Petrobras, which is reeling from a corruption crisis and a crash in the oil price.
Monday, November 2nd 2015 - 08:43 UTC
Brazilian central bank opposes using the country's US$ 370bn reserves

Brazil's central bank chief, Alexandre Tombini, told lawmakers he opposes using the country's $370 billion foreign reserves at this moment as they serve as an insurance policy for Latin America's largest economy.
Monday, November 2nd 2015 - 08:26 UTC
Lula urges ruling party to support austerity measures and minister Levy

Former Brazilian president Lula da Silva urged the ruling Workers' Party to back fiscal austerity measures in Congress, endorsing the efforts of Finance Minister Joaquim Levy to plug a gaping deficit. Members of Lula's party have opposed moves by Lula's protégée, President Dilma Rousseff, to cut public spending and social benefits as she strives to balance overdrawn accounts and restore investor confidence in Brazil.
Monday, November 2nd 2015 - 08:07 UTC
US Navy Carrier Strike Group 9 anchored off Punta Arenas for Unitas exercises

The United States Carrier Strike Group 9 which is participating in a series of 'Unitas' exercises with different Latin American and Pacific countries, anchored off Punta Arenas and is scheduled to leave on Monday for Rio do Janeiro, Brazil, according to reports from the extreme south Chilean city port.
Sunday, November 1st 2015 - 10:12 UTC
Falklands' 'Hunt for Germany's lost battleships' DVD scheduled to be ready for Christmas

‘The hunt for Germany’s lost battleships’ a documentary based on Mensun Bound’s search for the lost fleet from the Battle of the Falklands was shown at a premiere at the British Film Institute, London on October 16.
Saturday, October 31st 2015 - 10:12 UTC
Chavistas “will not surrender the revolution”, even in defeat in December's elections, warned Maduro

Venezuelan President Nicolas Maduro warned that he wouldn’t let a defeat in December congressional elections derail his government even as his socialist party faces the possibility of losing control of the national assembly for the first time in 16 years.
Saturday, October 31st 2015 - 09:40 UTC
UK and Brazil committed to exchange of EU/Mercosur market access offers by end of 2015

The United Kingdom and Brazil reaffirmed on Friday their support for the success of the European Union/Mercosur Association agreement negotiations in the framework of the eighth meeting of the UK-Brazil Joint Economic and Trade Committee (JETCO) which emphasizes bilateral cooperation and initiatives.
Saturday, October 31st 2015 - 07:14 UTC
Falklands' visit early next year for Shadow Foreign minister Stephen Doughty

Cardiff South and Penarth MP Stephen Doughty has become the shadow minister responsible for Africa, South Asia and the Falkland Islands, reports Walesonline. The Labour MP takes on the role at a time when the UK is responding to the migrant crisis in North Africa and tensions have heightened between Britain and Argentina over the future of the Falklands, the Islands which he plans to visit early next year.
Saturday, October 31st 2015 - 07:04 UTC
Griesa accepts 'me too' claims and raises Argentina's bond debt to US$ 9bn

US judge Thomas Griesa on Friday accepted the priority repayment claims of hundreds more Argentine bondholders who did not join a huge debt restructuring. The ruling, on 49 complaints representing debt worth $6.1 billion, added fresh pressure on Buenos Aires which has refused to pay off two hedge fund creditors that already won court support for their claims.
Saturday, October 31st 2015 - 06:51 UTC
Venezuela seeking an additional 12 Sukhoi fighter jets from Russia

Venezuela will allocate $480 million to upgrade its Sukhoi fighter jets from Russia. “President Nicolas Maduro just authorized the payment of $480 million so that the service life of our Sukhoi planes and continue to fulfill their duty and give protection to the Venezuelan airspace,” Venezuelan Defense Minister Vladimir Padrino Lopez was quoted, by Moscow's Sputnik news agency on Thursday.