Politics

Monday, April 29th 2013 - 06:15 UTC
Technician Saccomanni will be responsible for Italy’s economy

Italy's new government line-up brings together personalities from across the political spectrum, from Silvio Berlusconi's apparent successor to a crime fighter and a militant feminist from the radical party. Some of the key names of the ‘grand coalition’ members tasked with tackling the social and economic crisis in recession-hit Italy-.
Monday, April 29th 2013 - 06:10 UTC
With Berlin’s blessing EU begins new track arguing “austerity option exhausted”

Europe is expected to accelerate a shift away from its austerity-first agenda this week as the new Italian government changes course and a German-Spanish investment pact underscores a renewed focus on combating record unemployment. This comes on the background of much criticized statements from European Commission president Jose Barroso who said ‘austerity was over’.
Monday, April 29th 2013 - 04:43 UTC
Brazil’ Vale leaves Argentina after accord to pay workers and contractors

Brazilian mining giant Vale SA will pay two and a half months' salary to workers in Argentina as part of an agreement signed on Friday allowing the miner to exit the 6 billion dollars Rio Colorado potash and fertilizer project.
Monday, April 29th 2013 - 04:36 UTC
Lanata claims 80% of media in under Argentina government control for propaganda purposes

Argentine journalist Jorge Lanata who has won Spain’s Television Iris Award, claims that ‘80% of Argentine media is in the hands of government (President Cristina Fernandez)” which are used as “instruments of propaganda”.
Saturday, April 27th 2013 - 04:25 UTC
Argentines fear major devaluation of the Peso and dollar sets new record at 9.34

The US dollar in the ‘blue’ or parallel market kept climbing in Argentina ending a week of consecutive records reaching on Friday 9.30 and 9.34 Pesos (buying and selling price) 14 cents more than on Thursday. Since the beginning of the year the US dollar has climbed 36.97% while the official rate stands at 5.18 Pesos, with an increase of only 5.3%.
Saturday, April 27th 2013 - 04:10 UTC
Malvinas radical group begins campaign against Lan Chile offices in Buenos Aires

An Argentine radical group involved in actions against cruise vessels and maritime traffic with the Falkland Islands has promised a similar campaign against Lan Chile offices in Buenos Aires, the airline which flies the only link of the Islands with the continent.
Friday, April 26th 2013 - 22:42 UTC
Shackleton’s centenary scholarship to encourage scientific research in South Atlantic and Antarctica

By Harold Briley - The Falkland Islands, South Georgia or the British Antarctic Territories stand to benefit from an ambitious science research project to commemorate Ernest Shackleton’s 1914 trans-Antarctic expedition.
Friday, April 26th 2013 - 08:00 UTC
President Rousseff calls on Vale to dialogue with Argentine authorities

Brazilian president Dilma Rousseff said during a joint conference with her Argentine peer Cristina Fernández at Government House in Buenos Aires that she was certain the Vale mining company “would find a way to reach an agreement with the Argentine authorities” on the suspended project.
Friday, April 26th 2013 - 07:46 UTC
Falkland Islands’ lawmakers in a round of European visits to inform on referendum results

A delegation of Falkland Islands lawmakers made a round of visits to European capitals and the European Union to inform on the recent referendum results in which an overwhelming turnout and vote indisputably decided the Islands wanted to remain as an Overseas Territory.
Friday, April 26th 2013 - 07:40 UTC
Unemployment in Spain with no ceiling: 27% in first quarter of 2013

The Spanish National Statistics Institute, INE, reported on Thursday that the nation's unemployment rate shot up from 26.02% in the last quarter of 2012 to 27.16% in the first three months of this year. This is approximately 6.2 million Spaniards are out of a job. Youth unemployment stands at 57%.