Politics

• Wednesday, August 12th 2015 - 07:21 UTC

  Parlasur bench: after seven attempts first election win for Malvinas affairs desk head Filmus

  

  Daniel Filmus, head of the Malvinas Affairs Desk in the Argentine ministry of foreign affairs can expect to become a member of Mercosur Parliament, or Parlasur, in the coming October general election, following on a repeat of the Argentine primaries' results of last Sunday.

• Tuesday, August 11th 2015 - 08:18 UTC

  China devalues the currency in support of its struggling export sector

  

  China has moved aggressively to devalue its currency in a bid to support its struggling export sector as the economy shows further signs of weakness on the way to reporting its slowest annual pace of growth in 25 years. The People's Bank of China surprised the market on Tuesday weakening the fix on its daily reference rate for the Yuan by a record 1.9%.

• Tuesday, August 11th 2015 - 07:55 UTC

  Argentina wins a battle in its ongoing struggle with hedge funds

  

  Argentina on Monday won a battle in its ongoing struggle with hedge funds holding sovereign bonds. In this case Argentina managed the reversal of a U.S. judge's ruling that a group of bondholders suing over its defaulted debt said entitled them to $700 million.

• Tuesday, August 11th 2015 - 07:32 UTC

  Falklands' GDP dropped in 2013 because of lesser oil and gas activity

  

  The Falkland Islands Gross Domestic Product (GDP) dropped in 2013 primarily due to lesser oil activity according to a recent Executive Council paper that included updated figures from the FIG Economist Commenting on the paper, according to a report from the latest edition of the Penguin News.

• Tuesday, August 11th 2015 - 07:18 UTC

  State of emergency in north of Chile because of torrential rain and floods

  

  A state of emergency has been declared by the Chilean government in the northern cities of Antofagasta and Tocopilla due to the strong winds, heavy rains, flashfloods and mudslides. President Michelle Bachelet visited the north on Monday to observe first-hand the damage caused by a storm that left six people dead nationwide.

• Tuesday, August 11th 2015 - 07:14 UTC

  Argentina will service 3.5bn dollars maturing next October with bank reserves

  

  Argentina confirmed it will be using Central Bank foreign-currency reserves to service more than US$3.5 billion dollars in international debt that matures in October. The confirmation came through an announcement in the Official Gazette, signed by President Cristina Fernández, Cabinet Chief Anibal Fernández and Economy Minister Axel Kicillof.

• Monday, August 10th 2015 - 07:28 UTC

  Argentine primaries added more expectations to October 25 first round vote

  

  The Cristina Fernandez administration candidate Daniel Scioli, as anticipated, was the presidential hopeful with most votes in Argentina Sunday's open, simultaneous and mandatory primaries, (PASO), in which the different parties chose those who will lead them into the 25 October election to elect the head of the Executive, half the Lower House and a third of the Senate.

• Monday, August 10th 2015 - 07:20 UTC

  Pope Francis criticizes destruction of forests to plant soy bean

  

  Pope Francis criticized the destruction of forests in order to plant soy in an interview with an Argentine radio station on Saturday, reinforcing his message that the environment should take precedence over financial gain.

• Monday, August 10th 2015 - 06:38 UTC

  “Spain acting as an aggressor and not a European partner” with Gibraltar

  

  Gibraltar’s Conservative MEP Ashley Fox is compiling a dossier of constituent complaints and experiences of crossing the border in and out of Gibraltar. Mr Fox will hand the dossier to the EU Commission and says it will show Spain is acting “as an aggressor and not a European partner”, according to a report from the Gibraltar Chronicle.

• Monday, August 10th 2015 - 06:21 UTC

  UK calls 'outrageous' and 'unlawful', Spanish incursions in Gibraltar waters

  

  Spain has been accused of an “outrageous” and “unlawful” violation of British sovereignty after boats entered UK waters in Gibraltar on Sunday. Helicopters were also flown over a beach on the British territory as Spanish police chased criminals on the water, a move branded extremely dangerous by the Government of Gibraltar.