Politics

• Wednesday, July 29th 2015 - 06:30 UTC

  Positive signals from Argentina's economy ahead of October's election

  

  Industrial production in Argentina fell 0.8% in June compared to the same period last year, according to the country's National Statistics and Census Institute (INDEC), marking the 23rd consecutive month that the sector has contracted. However with seasonally adjusted figures, Indec's data showed a 0.9% rise, the first positive advance in two years (July 2013).

• Wednesday, July 29th 2015 - 06:12 UTC

  “Operation radioactivity” unveils corruption in Brazil's Electrobras

  

  Brazilian police on Tuesday arrested two executives involved in building a nuclear power plant for Eletrobras, pulling the state-run utility into a corruption scandal that has engulfed government-owned oil company Petrobras.

• Wednesday, July 29th 2015 - 06:00 UTC

  S&P warns Brazil could lose investment-grade rating as economic slippage continues

  

  Standard & Poor's on Tuesday said Brazil could lose its coveted investment-grade rating in the coming year if fallout from a number of corruption investigations further stymies economic growth and the implementation of austerity measures.

• Tuesday, July 28th 2015 - 07:00 UTC

  Chinese shares on the slide after dropping 8% on Monday; central bank to inject liquidity

  

  Shares in mainland China continued their slide on Tuesday, after a historic sell-off the previous day. The Shanghai Composite fell by 4.3% to 3,567.38 points in early trade, after the index on Monday saw its biggest drop in eight years with an 8% tumble.

• Tuesday, July 28th 2015 - 06:45 UTC

  PM Cameron: UK must not become a safe haven for corrupt money from around the world

  

  Foreigners must be stopped from buying UK homes with “plundered or laundered cash” and a “global effort” launched to defeat corruption, David Cameron will say in a speech later. Cameron will vow to expose the use of “anonymous shell companies” to buy luxury UK properties - often in London.

• Tuesday, July 28th 2015 - 06:27 UTC

  Falkland Islanders under Argentina 'will elect their own members to Congress and enjoy oil benefits'

  

  'Some day' Argentina will recover sovereignty over the Malvinas and in no way will the Falkland Islanders or their culture, traditions or language be discriminated, and furthermore they will be able to elect their members to congress, governor and fully enjoy the benefits of oil production.

• Tuesday, July 28th 2015 - 06:01 UTC

  Cristina Fernandez blasts media over Welsh celebrations in Patagonia

  

  Suffering from a severe case of laryngitis which forced her to a 48 hours rest, Argentine president Cristina Fernandez nevertheless had time for a fight with the Buenos Aires media and welcome Wales First Minister Carwyn Jones who is in Argentina for the Welsh settlers in Patagonia celebrations.

• Tuesday, July 28th 2015 - 05:38 UTC

  Carwyn Jones grateful to Chubut for helping preserve Welsh language and culture

  

  Welsh First Minister Carwyn Jones said it was an honor and a privilege to be in Chubut for the celebration of the 150th anniversary of the first Welsh settlers arrival in Patagonia, and thanked provincial governor Martin Buzzi for organizing the event and helping to preserve Welsh traditions, culture and language.

• Tuesday, July 28th 2015 - 05:31 UTC

  “A diplomatic success” the presence of Wales First Minister Carwyn Jones

  

  As a day of great celebration, Argentine ambassador in the UK, Alicia Castro described the festivities for the 150th anniversary of Welsh settlers arrival to Patagonia, taking place in Chubut with the attendance of Wales First Minister Carwyn Jones, Argentine cabinet ministers and members of the Welsh-Argentine community.

• Tuesday, July 28th 2015 - 05:07 UTC

  'The Welsh are fully integrated to Argentina and have preserved their culture'

  

  Argentina's Cabinet Chief Anibal Fernandez and the Presidential Legal and Technical secretary Carlos Zannini led on Monday celebrations in Chubut to mark the 150th anniversary of the Welsh community that settled in the Patagonian province. The event took place in Puerto Madryn overlooking the Golfo Nuevo.