Politics

Wednesday, November 5th 2014 - 04:30 UTC
US reply to Argentina: Soderberg's responsibilities as public servant not linked to bonds' dispute

The US Department of State has backed the appointment of Nancy Soderberg as Chair of the Public Interest Declassification Board (PIDB), saying her “responsibilities” as public servant are “not linked” with Argentina’s dispute with the holdouts, Argentina's Telam news agency reported.
Wednesday, November 5th 2014 - 04:06 UTC
“Mercosur and Pacific Alliance are not contradictory competing blocks”

Mercosur and the Pacific Alliance are not contradictory competing blocks, and can advance towards a mutually beneficial convergence, said Chile's Economy minister Luis Felipe Cespedes during a trade and investment promotion seminar in Brazil.
Wednesday, November 5th 2014 - 03:43 UTC
Argentina appeals Judge Griesa's 'contempt of court' ruling

Argentina on Monday asked the Second Circuit Court of Appeals to overturn a federal judge’s finding that it is in contempt of court for taking steps to evade his orders that bondholders who agreed to debt restructurings can only be paid if holdout hedge funds are also compensated.
Wednesday, November 5th 2014 - 03:34 UTC
Scottish minister explores fisheries and trade opportunities in Chile

Scottish Minister for Environment and Climate Change Paul Wheelhouse visited Puerto Montt and Santiago to strengthen links with Chile on fisheries and climate change. Chile and Scotland have two of the largest global aquaculture industries.
Tuesday, November 4th 2014 - 05:05 UTC
Falklands have a per capita GDP “ten times higher than Argentina”

Argentina's financial daily, El Cronista Comercial has published two articles on the Falkland Islands based on data from the 2014 Statistical Yearbook stating that the Islands enjoy a GDP per capita several times higher than Argentina and that the economy has been expanding at 11% annually since 2008.
Tuesday, November 4th 2014 - 04:53 UTC
Bankers' names for Finance minister in Rousseff's next government

Brazilian banker Luiz Carlos Trabuco Cappi, president of Bradesco, turned down an invitation from president Dilma Rousseff to occupy the Finance ministry as of next January first. According to the Sao Paulo financial publication Valor, there was no insistence on the issue from political sources.
Tuesday, November 4th 2014 - 04:35 UTC
Ambassador Castro guest of Manchester City on a lucky derby Sunday

Argentine Ambassador Alicia Castro was invited by Manchester City Football Club for the game played on Sunday with the City's traditional rival, Manchester United.
Monday, November 3rd 2014 - 11:14 UTC
President Dilma Rousseff's re-election exposes a divided Brazil

The re-election of President Dilma Rousseff's in Brazil has exposed a deeply divided country with an overwhelming support for the incumbent in the impoverished northeast, where millions receive benefits from huge welfare programs the ruling Workers Party (PT) has rolled out over the past decade.
Monday, November 3rd 2014 - 11:05 UTC
Jobs and 300bn Euro stimulus priorities for the new European Commission

After months of political wrangling over the appointment to the European Commission, Jean Claude Juncker and his team officially replaced his predecessor, Jose Manuel Barroso, and his Commission on Saturday. The first vice president, former Dutch Foreign Minister Frans Timmermans, is to serve as Juncker's right-hand man.
Monday, November 3rd 2014 - 10:37 UTC
Argentina strips Procter & Gamble of its registration for alleged fiscal fraud

Argentina's tax office has stripped US multinational company Procter & Gamble of its registration for alleged fraud, the office announced on Sunday. The federal tax collection office, known as AFIP, has alleged that P&G evaded paying duties on imports from Brazil, billing through a Swiss subsidiary, in what it called potentially “aggravated contraband.”