Politics

Wednesday, August 15th 2018 - 07:11 UTC
Argentine Peso stabilizes, country risk falls and stock market rebounds

The Argentine peso climbed on Tuesday after the Central bank implemented a raft of measures to stabilize the volatile currency on Monday, including increasing the benchmark interest rate to 45% from 40% previously, and announcing it was offering markets US$ 500 million.
Wednesday, August 15th 2018 - 07:03 UTC
Argentina: tax cuts on soy meal and soy oil exports suspended six months

Argentina has suspended for six months its program of gradually cutting taxes on exports of soymeal and soyoil, the Treasury Ministry said in a statement on Tuesday, part of the government’s fiscal tightening program. International shipments of both soy products are currently taxed at 23%, lowered gradually from 32% in 2015, the statement said.
Wednesday, August 15th 2018 - 06:56 UTC
London Police in seconds neutralize a lone driver attack on Parliament: three injured

London's mayor is urging residents and tourists to remain calm and vigilant following the latest terror attack in the city. The driver of a car injured three people before crashing into barricades near Parliament. A security camera captured the moment the silver Ford came speeding down the road. It hit a group of cyclists, jumped the sidewalk and then smashed into the heavy metal security barrier.
Wednesday, August 15th 2018 - 05:50 UTC
Genoa killer bridge dates back to the fifties; alarm call for much of Italian creaky infrastructure

It came seemingly without warning, and has left a shocked and devastated nation demanding answers. Now officials are scrambling to find out how Genoa’s Morandi Bridge collapsed overnight killing at least 30 people as it sent dozens of vehicles tumbling into a heap of concrete and twisted steel.
Wednesday, August 15th 2018 - 05:42 UTC
Record unemployment in UK: 4%; the lowest for more than forty years

UK unemployment fell by 65,000 to 1.36 million in three months to June - the lowest for more than 40 years, official figures from the Office for National Statistics (ONS) show. They also show a rise in productivity, but a slowdown in wage growth.
Tuesday, August 14th 2018 - 07:36 UTC
The Year of the Pig for Chinese couples could mean a third child

A series of postage stamps featuring two pig parents and three happy piglets has prompted speculation that China may be about to further ease its restrictions on the number of children to deal with its rapidly ageing population.
Tuesday, August 14th 2018 - 07:25 UTC
Pentagon chief in Brazil and Argentina to strengthen bilateral relations

United States Defense Secretary James N. Mattis and Foreign Minister Aloysio Nunes of Brazil met on Monday at the Itamaraty Palace in Brazil to reaffirm the long-standing bilateral relationship between their nations, chief Pentagon spokesperson Dana W. White said.
Tuesday, August 14th 2018 - 06:50 UTC
Argentina pledges US$ 500 million on Tuesday to stabilize the forex market

Argentina's peso hit an all-time low on Monday as Latin American currencies sank amid a broader sell-off in emerging markets that have been rattled by the Turkish lira's plunge.
Tuesday, August 14th 2018 - 06:31 UTC
Argentine ex president accompanied to court by close associates of the Pope

Argentine ex president Cristina Fernandez over the weekend called on her followers not to accompany her on Monday when she attended the Court House to testify before Judge Claudio Bonadío in reference to the so called “K corruption notebooks”.
Tuesday, August 14th 2018 - 06:16 UTC
Cristina Fernandez in a written statement denies charges and claims they are politically motivated

Former President Cristina Fernandez on Monday denied any wrongdoing following recent accusations that she was responsible for a corruption scheme involving public works contracts that has trapped many of Argentina's former officials and business elite.