Politics

Saturday, March 7th 2015 - 08:29 UTC
US economy keeps creating jobs, while unemployment drops to 5.5%

US economy added 295,000 jobs in February, while the unemployment rate fell to 5.5% from 5.7%, according to Labor Department figures. It was the 12th month running that the economy added more than 200,000 jobs, the longest such run since 1994.
Saturday, March 7th 2015 - 08:11 UTC
Obstruction of justice complaint against Cristina Fernandez dismissed

Argentine Federal Judge Ariel Lijo has dismissed the obstruction of justice complaint filed by journalist Cristian Sanz against President Cristina Fernández for lacking “solid argumentation”.
Saturday, March 7th 2015 - 08:04 UTC
Journalism, a dangerous profession in northern Paraguay

A Paraguayan radio journalist has been shot to death in a Brazilian city bordering a crime-ridden area that is a hotbed for drugs and arms smuggling, officials said on Friday. Gerardo Servian worked for a local radio station near the city of Pedro Juan Caballero.
Saturday, March 7th 2015 - 07:41 UTC
Petrobras corruption: Supreme Court approves investigation of 54 politicians

Brazil's Supreme Court late Friday approved an investigation of dozens of top politicians, including a former president and leaders of congress, for alleged connections to what they call the biggest graft scheme ever uncovered in the country which has the largest economy in Latin America.
Saturday, March 7th 2015 - 07:37 UTC
February inflation in Brazil at 7.7% is at its highest level since May 2005

Inflation jumped in Brazil on February with price increases hitting an annual rate of 7.7%, the highest in nearly nine years, officials said on Friday. The national statistics institute IBGE said prices rose 1.22% in February, pushing inflation well above the government's target ceiling of 6.5%.
Saturday, March 7th 2015 - 07:27 UTC
Ambassador Mamet impressed by Argentina and “profoundly optimistic” about relations with US

US ambassador to Argentina Noah Mamet expressed his “profound optimism” about ties between Washington and Buenos Aires, saying he has been left “impressed” by the people he has had the opportunity to meet here so far.
Friday, March 6th 2015 - 22:08 UTC
Falklands oil drilling campaign takes off with spudding on the Zebedee prospect

Premier Oil spudded its first 2015 Falklands drilling campaign well, 14/15-5, using the Eirik Raude semisubmersible drilling rig on the Zebedee prospect on 6 March. The well, on license PL004b, will test a total of seven stacked fan bodies with varying geological chances of success (GCoS) of 9-52%.
Friday, March 6th 2015 - 18:21 UTC
China lowers 2015 growth estimate to 7%; in 2014 expansion was the slowest in 24 years

Shares in China fell after the country's government set its official growth target at 7% for this year. The rate is lower than last year's target of 7.5%, which China missed after it grew at the slowest pace in 24 years. The Shanghai Composite closed down 1% at 3,248.48, while Hong Kong's Hang Seng ended 1.1% lower at 24,193.04.
Friday, March 6th 2015 - 11:58 UTC
One of the mightiest of WW2 battleships discovered 70 years after it was sunk

American billionaire Paul Allen has announced the discovery of the famous World War Two Japanese battleship, the Musashi, more than 70 years after it was sunk by US forces. Mr, Allen said the vessel was found by his private exploration team. It was at a depth of more than 1km on the floor of the Sibuyan Sea off the Philippines.
Friday, March 6th 2015 - 09:06 UTC
Mercosur has failed, Argentina needs new partners: the Pacific Alliance?

“Mercosur as a unified space has failed and Argentina must start thinking in a new partner, which could be the Pacific Alliance” said one of Argentina's main businessmen with interests in a diversified portfolio, Eduardo Eurnekian. He made the statement on the sidelines of the World's Chambers Federation executive board meeting in Buenos Aires.