Politics

Tuesday, December 15th 2015 - 06:56 UTC
Spain's electoral debate dominated by corruption accusations

Spanish Prime Minister Mariano Rajoy was accused of being unfit to govern by his socialist challenger Pedro Sanchez on Monday night in an unusually ferocious election debate held before this week's general election. Sanchez performance makes him a first line contender for highest office in Spain, even if Rajoy's party as forecasted wins the election
Tuesday, December 15th 2015 - 06:41 UTC
Spain's Rajoy expected to win next Sunday's election but without a majority

The latest surveys on the Spanish legislative elections to be held next Sunday, predict a victory for the ruling center-right People's Party, or PP, but without an absolute majority, so the party will have to form a coalition to establish a government.
Tuesday, December 15th 2015 - 06:23 UTC
Paris climate agreement triggers praise for French diplomacy and minister Fabius

France seems to have achieved an unachievable triumph: uniting the world to seal a global climate pact. The Paris climate agreement, adopted on Saturday, was the culmination of more than a year of intense diplomatic efforts by France. Delegates and foreign dignitaries cheered Foreign Minister Laurent Fabius, the host of the two-week talks, and gave him a standing ovation.
Tuesday, December 15th 2015 - 06:03 UTC
Controversy over Argentine navy recently incorporated Russian sloops

Argentina's Defense minister Julio Martínez has only been in office a few days but he already has a huge challenge on his desk: the four Russian sloops recently arrived in Buenos Aires and which according to the previous administration of Cristina Fernandez cost ten million dollars and are very appropriate for naval patrolling.
Monday, December 14th 2015 - 08:23 UTC
Macri meets with governors to talk about creating jobs, but not in the public sector

Argentina's new president Mauricio Macri met with governors on Saturday in another major change of tone from his predecessor Cristina Fernandez' confrontational style.
Monday, December 14th 2015 - 08:03 UTC
A compliment disguised as a joke wins a glass of wine...in the face

One of Brazil’s most powerful women says she was only defending her honor when she tossed a glass of white wine in the face of an equally powerful elected official who called her a “man-eater.”
Monday, December 14th 2015 - 07:49 UTC
Moody's downgrades Petrobras credit rating; warns of difficulties to raise cash through asset sales

Moody's Investors Service has lowered Brazilian state-controlled oil company Petrobras' credit rating further into junk territory and warned of a possible further downgrade. “These rating actions reflect Petrobras' elevated refinancing risks in the face of deteriorating industry conditions that make it more difficult to raise cash through asset sales,” the New York-based ratings agency said Wednesday.
Monday, December 14th 2015 - 07:28 UTC
Rousseff's 'impeachment debate' takes to the streets with thousands turning out

Thousands of Brazilians took to the streets on Sunday to demand that embattled President Dilma Rousseff, facing a weak economy and a major political crisis including calls for her impeachment, be removed from office.
Monday, December 14th 2015 - 07:07 UTC
Sarkozy conservatives take the day beating Le Pen's National Front

Marine Le Pen's far-right National Front failed to take a single region during the runoff of regional elections after dominating the first round of voting, pollsters projected. The conservatives of former president Nicolas Sarkozy surged against the governing Socialists, changing the political map of France.
Saturday, December 12th 2015 - 07:11 UTC
Argentina's new administration package of economic measures next week

Argentine finance minister Alfonso Prat-Gay announced on Friday that next week levies on farm (grains and oilseeds) exports will be lowered, the half year bonus of wage earners if below 30.000 Argentine Pesos will be exempt from income tax, and the policy of “looked-after prices” at supermarkets will continue.