Politics

• Saturday, May 14th 2016 - 10:54 UTC

  Vatican denies Francis intends to introduce a diaconal ordination for women

  

  Pope Francis “did not say he intends to introduce a diaconal ordination for women,” and he certainly did not speak about the ordination of women priests, the Vatican spokesman said.

• Saturday, May 14th 2016 - 09:09 UTC

  Temer's team confident it has the political support to implement tough measures

  

  Brazil's interim government said on Friday it has the political support for tough measures needed to return the economy to growth and can secure a permanent mandate once populist President Dilma Rousseff's impeachment trial is over. Presidential Chief of Staff Eliseu Padilha said the incoming government understood it was only provisional for now and had ordered portraits of Rousseff to be left hanging in federal buildings.

• Saturday, May 14th 2016 - 08:55 UTC

  US$ 2 trillion lost to bribery and corruption every year, (2% of global GDP), claims IMF

  

  Bribery and corruption cost the world economy as much as US$2 trillion every year, money that instead could be used to fight poverty, create jobs, and protect the environment. A new report by the International Monetary Fund says the money lost to corruption every year is 2% of the global GDP.

• Saturday, May 14th 2016 - 08:34 UTC

  Sixth consecutive Chile Day in London; Bachelet/Cameron discuss closer political and cooperation links

  

  The UK was proud to host the sixth consecutive Chile Day in London, as a major international showcase for Chile’s financial market. The event is attended by business leaders from both Chile and the UK, and this year President Bachelet made a very special appearance during her two-day visit including meeting PM David Cameron at 10 Downing Street.

• Saturday, May 14th 2016 - 08:02 UTC

  Cristina Fernandez and former officials charged with defrauding the state in dollar futures operations

  

  Former Argentine President Cristina Fernandez was charged on Friday with defrauding the state as part of her government's handling of the dollar futures market. Federal judge Claudio Bonadio said that a scheme to keep the Argentine peso inflated by selling dollars below market value would not have been possible without Fernandez's approval.

• Saturday, May 14th 2016 - 07:46 UTC

  HMS Kent in London: Battle of Jutland centenary commemorations

  

  HMS Kent is visiting London this weekend on her way to take part in the Battle of Jutland centenary commemorations, in which she will play a central role. This year marks 100 years since the Battle of Jutland, the greatest sea battle of the 20th Century.

• Friday, May 13th 2016 - 11:43 UTC

  Bank of England warns about Brexit dangers, and triggers major controversy

  

  The Bank of England has given its starkest warning yet that a UK vote to leave the EU could hit the economy. Mark Carney, the Bank's governor, warned that the risks of leaving “could possibly include a technical recession”.

• Friday, May 13th 2016 - 11:30 UTC

  Argentina supports the institutional situation in Brazil, but fears effects of the neighbor's recession

  

  The Argentine government publicly showed its support for the new status quo in Brazil, minutes after the country’s vice-president, Michel Temer, temporarily took power after President Dilma Rousseff was suspended from office after the Senate voted to open impeachment proceedings against her early yesterday morning.

• Friday, May 13th 2016 - 08:49 UTC

  Anti corruption summit turns the spotlight on rich countries banks and real estate brokers

  

  Thursday’s world summit on fighting corruption was a time for Britain and the United States to look at their own policies and their role as shelters for billions of dollars stolen by corrupt politicians in developing countries.

• Friday, May 13th 2016 - 07:39 UTC

  Argentina and UK agree on the need to identify areas of cooperation in the South Atlantic

  

  Argentina and UK agreed to disagree on the Falklands/Malvinas question, but coincided that the issue should not be an obstacle for the development of a wider positive agenda. Furthermore the two countries agreed on the need to identify possible areas of cooperation in the South Atlantic, such as exploitation of natural resources, and connectivity between the continent and the Islands.