Politics

• Saturday, August 12th 2017 - 08:14 UTC

  Trump´s military threat “an act of craziness”, says Venezuela´s defense minister

  

  U.S. President Donald Trump's threat of military intervention in Venezuela was “an act of craziness,” the country's Defense Minister Vladimir Padrino said on Friday. Venezuela's foreign ministry was expected to issue a statement on Saturday responding to Trump's comment that “a possible military option” was under consideration for the crisis-racked nation.

• Friday, August 11th 2017 - 12:19 UTC

  Ex top officer calls Brexit a “catastrophe”; proposes a new party “The Democrats” with the Remainers

  

  UK government ministers have been put under pressure by David Davis’s former chief of staff at the Brexit department after he asked a serious of pointed question about how leaving the EU will affect their patches. James Chapman, who also worked for George Osborne and as political editor of the Daily Mail, has revealed his belief that Brexit would be a “catastrophe”.

• Friday, August 11th 2017 - 11:57 UTC

  Temer heckled after addressing a business conference in Rio do Janeiro

  

  President Michel Temer, whose popularity is the lowest for a Brazilian head of state in decades and who last week was spared from standing trial on corruption charges by the vote of his allies in Congress, was booed at the conclusion of his appearance at a trade fair in Rio do Janeiro.

• Friday, August 11th 2017 - 11:54 UTC

  Foreign Direct Investment in Latin America drops for second year running

  

  The flows of Foreign Direct Investment (FDI) into Latin America and the Caribbean shrank 7.9% in 2016 compared with 2015, totaling US$167.043 billion, representing a 17% decline from the peak reached in 2011, the Economic Commission for Latin America and the Caribbean (ECLAC) revealed at its headquarters in Santiago, Chile.

• Friday, August 11th 2017 - 08:32 UTC

  Argentina Sunday's primary election: a re-edition of the Cristina Fernandez/Macri dispute

  

  On Sunday Argentines will be able to choose their candidates to the Senate and Lower House for the midterm October elections, in a process known as PASO, which means open mandatory, simultaneous primaries for all parties, but which are not compulsory for the electoral roll.

• Friday, August 11th 2017 - 08:16 UTC

  Falklands' Argentine cemetery clandestine photos: Red Cross has all the facts and identity of the alleged individual

  

  ”Everything was caught on camera and there is an ongoing investigation,” the International Red Cross has confirmed, referring to the controversy in July when images of the Argentine cemetery in the Falkland Islands were reproduced in the Argentine press.

• Thursday, August 10th 2017 - 19:56 UTC

  Rogoff warns about personal and corporate debt as main threats to global economy

  

  A sudden rise in interest rates poses the greatest threat to the global economy, the IMF's former chief economist has told the BBC. Ken Rogoff, who famously predicted a big bank would collapse during the financial crisis, warned that people had got used to ultra-low interest rates and said the economic policies of the Trump administration posed a risk.

• Thursday, August 10th 2017 - 11:27 UTC

  Triple digit inflation in Venezuela: US dollar trades at 10.387 Bolivar; minimum wage 97.531 Bolivar

  

  The extreme volatility of Venezuela's exchange rate has the crisis-hit country's shop owners hurriedly marking up their merchandise and consumers balking at the higher price tags. Just last week, the Bolivar currency fell around 70% on the black market, according to DolarToday, the opaque U.S.-based website that dictates the black market rate.

• Thursday, August 10th 2017 - 09:59 UTC

  Argentine farmers investing heavily for the next planting season following on a record crop year

  

  Argentine farmers will increase investments in the next corn planting season despite fears about a political comeback for former President Cristina Fernandez, who implemented export taxes and restrictions despised by the sector, according to industry leaders.

• Thursday, August 10th 2017 - 09:43 UTC

  Fear of a Cristina Fernandez comeback has cost the Argentine central bank over a billion dollars

  

  The Argentine primary next Sunday when the different parties will choose their candidates for the midterm elections of 22 October, and the possibility of a comeback of ex president Cristina Fernandez, and all that she represents, has cost the Argentine central bank so far over a billion dollars in the last ten days.