Politics

Monday, March 9th 2015 - 07:24 UTC
Major financial scandal in Chile has several political figures in the dock

A Chilean judge ordered the arrest of Carlos Alberto Delano and Carlos Eugenio Lavin, owners of the financial holding company Penta Group, and four associates who face tax fraud and bribery charges.
Monday, March 9th 2015 - 07:16 UTC
Taiwanese fishing boat with 49 crew missing in the South Atlantic

A Taiwanese fishing boat that has gone missing in waters off southeastern Argentina could have lost power, Fisheries Agency Deputy Director-General Huang Hung-yan said this weekend, about a week after the vessel was reported missing.
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.