Politics

Monday, June 8th 2015 - 07:36 UTC
Argentine financial watchdog claims banks actively collude to take money out of the country

Argentina's head of the Financial Information Unit (UIF) watchdog, José Sbatella has accused major banks of not just participating, but actively organizing operations to move capital out of the country. The official made reference to ongoing cases involving capital flight against worldwide financial powerhouses HSBC, BNP Paribas and JP Morgan, in an interview published in Página 12.
Saturday, June 6th 2015 - 11:23 UTC
Corporations experience huge 'trust deficit' in major Western economies, says TUC

Just one in five of people in western economies like France, Germany, the UK and the US agree that corporations can be trusted with their global workforce, according to a new poll commissioned by International Trade Union Confederation.
Saturday, June 6th 2015 - 10:02 UTC
For a world in distress, “the answer is Latin America” argues Argentine ambassador in London

The Argentine ambassador in the UK, Alicia Castro, was one of the main speakers invited to an event yesterday which included the discussions “another world is possible” and “against foreign intervention in Latin America”. Dozens of activists from across the UK expressed their support for a range of Latin American causes.
Saturday, June 6th 2015 - 09:29 UTC
UK embassy in Chile launches month of activities to commemorate Magna Carta 800th anniversary

The British embassy in Santiago participated in Chile's annual National Heritage Day, enabling hundreds to visit the official Residence and at the same time launched a month of activities to commemorate the 800th anniversary of the sealing of the Magna Carta on 15 June 1215.
Saturday, June 6th 2015 - 08:24 UTC
US unemployment in May ups to 5.5%, as more people look for jobs

The US economy added 280,000 jobs in May, the US Labor Department has said. The increase was more than analysts had expected and the biggest this year and was described as “encouraging”.
Saturday, June 6th 2015 - 08:00 UTC
Argentine debt climbed 5.4bn of Friday following Griesa's ruling favoring 'me too' bond holders

Argentina must pay US$5.4 billion to more than 500 “me-too” holders of defaulted debt before it can pay the majority of its creditors, a US judge ruled on Friday. Argentina anticipated it would appeal the ruling.
Saturday, June 6th 2015 - 07:48 UTC
Colombian congress bars presidential re-election; 70% of public opinion supports decision

Colombia’s Congress has voted to bar presidents from seeking re-election, a move backed by President Juan Manuel Santos that undoes a law passed by his predecessor and rival Alvaro Uribe. The decision also marks a difference with the ongoing Latin American trend of successive re-elections, when not unlimited.
Saturday, June 6th 2015 - 07:41 UTC
South Georgia and South Sandwich Islands coat of arms anniversary featured on new Crown coin

The Treasury of South Georgia & South Sandwich Islands have launched a crown coin which marks the 30th anniversary of the territory’s granting of a Coat of Arms by Royal Ascent. The Coat of Arms of South Georgia and South Sandwich Islands was granted in 1985, upon the formal creation of the territory.
Friday, June 5th 2015 - 21:47 UTC
Uruguay sacks ambassador over disagreements on Mercosur/EU trade policy

Uruguayan president Tabare Vazquez removed the country's ambassador before the European Union following comments on Mercosur/EU trade and cooperation negotiations which contradicted recent statements by foreign minister Rodolfo Nin Novoa regarding trade strategy and policy.
Friday, June 5th 2015 - 09:23 UTC
The evolution of the oil weapon

In the age of derivatives, swaps, and electronic money transfers, a new form of warfare has emerged: financial warfare. Recently, the US has passed sanctions on countries such as Syria, Venezuela and North Korea, but the majority of energy related sanctions passed have been targeted at Iran and Russia.