Politics

• Saturday, September 22nd 2012 - 05:04 UTC

  Argentine opposition describes budget bill as “inconsistent and false”

  

  The Argentine opposition strongly criticized the budget bill sent to Congress and questioned the real growth of the economy during the current year, wondering who are the real holders of sovereign bonds tied to GDP growth maturing later this year.

• Saturday, September 22nd 2012 - 04:45 UTC

  Gibraltar sends high level delegation to UK party conferences

  

  The Government of Gibraltar will have a presence at the party conferences of the three main political parties in the United Kingdom this year. The conference season opens this Sunday with the Liberal Democrat party conference which takes place in Brighton from 23rd to 26th of this month.

• Friday, September 21st 2012 - 23:53 UTC

  Falklands to introduce minimum wage; document recommends £ 5, 50 the hour

  

  Over the years there has been talk of implementing a minimum wage in the Falkland Islands, a significant amount of work has been undertaken on the issue and a minimum wage should be in place by early 2013.

• Friday, September 21st 2012 - 16:45 UTC

  Mantega says US and Japan have again ignited the “currency war” and Brazil will defend itself

  

  Brazil threatened on Friday a further clampdown on speculative foreign capital, firing a warning shot in the “currency war” Finance minister Guido Mantega blames on money-printing by Western central banks.

• Friday, September 21st 2012 - 06:48 UTC

  US calls on Brazil to reconsider proposed tariff increases in Brazil and Mercosur

  

  US Trade Representative Ron Kirk urged the Brazilian government in a letter sent on Wednesday to reconsider plans for “protectionist” tariff increases expected to hurt US exports.

• Friday, September 21st 2012 - 06:42 UTC

  Mexican president-elect Peña Nieto brings up trade issues during visit to Brazil

  

  Latin America’s two largest economies should be expanding rather than curbing trade flows, Mexico’s President-elect Enrique Peña Nieto said in veiled criticism of a Brazilian restriction on Mexican car imports.

• Friday, September 21st 2012 - 06:38 UTC

  Obama says his biggest failure was not passing immigration reform

  

  UN President Barack Obama admitted on Thursday “my biggest failure so far” is a lack of comprehensive immigration reform, but it wasn't “for lack of trying or desire”.

• Friday, September 21st 2012 - 06:20 UTC

  Argentina issues 2 Pesos coin to commemorate 30th anniversary of the Malvinas landing

  

  The Argentine Central bank has issued a new 100 Pesos bill to honour the figure of Eva Duarte de Perón, and a 2 Pesos coin commemorating the thirtieth anniversary of the landing of Argentine troops in the Malvinas Islands.

• Friday, September 21st 2012 - 06:06 UTC

  Brazil approves bill which allows the opening of tax-free shops along border towns

  

  The Brazilian congress approved this week a bill which enables the opening of free shops or tax free shops, along border towns currently suffering from the massive inflow of imported goods purchased at international prices in such stores in Uruguay, Argentina and Paraguay.

• Thursday, September 20th 2012 - 23:38 UTC

  Peruvian villager killed and four injured in clashes over water with Barrick Gold

  

  Barrick Gold is resuming operations Friday at its Pierina mine in Peru after violent clashes this week between police and nearby villagers left one person dead and four injured.