Politics

• Saturday, February 13th 2016 - 05:32 UTC

  Pollack confirms 'eventful week' of negotiations between Argentina and holdouts

  

  In the midst of ongoing negotiations in the United States courts between the administration of President Mauricio Macri and holdouts to reach an agreement, special master Daniel A. Pollack on Friday issued a statement reiterating “two major holdouts reached agreements in principle with Argentina to settle their claims.

• Friday, February 12th 2016 - 07:10 UTC

  Uruguay’s Quiet Democratic Miracle

  

  By Uki Goñi -
  
  
  ”Because here nobody is better than anybody else.” The phrase, one of this small South American country’s most cherished sayings, dates back to the 19th century and is often repeated by its thinkers, presidents and everyday citizens. As a simple expression of the democratic spirit, it sums up how Uruguayans feel about their homeland.

• Friday, February 12th 2016 - 07:02 UTC

  Majority of Mercosur teen-agers are 'low performers' in maths, science and reading

  

  Bad news for Mercosur aspirations. Low standards at schools in most of South America are a common problem according to the latest report by the Organization for Economic Cooperation and Development, OECD, which has the region's students among the last fifteen in a list of 64 countries.

• Friday, February 12th 2016 - 06:55 UTC

  Lagarde, as sole candidate, has virtually assured five more years as IMF head

  

  The International Monetary Fund (IMF) has nominated current managing director Christine Lagarde for the second term, IMF Executive Board Dean Aleksei Mozhin said in a statement on Thursday.

• Friday, February 12th 2016 - 06:40 UTC

  French president's visit to Argentina and Uruguay could include defense deals

  

  French president Francois Hollande is scheduled to visit Peru, Argentina and Uruguay in the last week of February, and in a display of Gallic diplomacy expects to promote trade, investments and French interests in the region.

• Friday, February 12th 2016 - 06:33 UTC

  France claims the EC has done ”too little too late to help (struggling) farmers”

  

  France called on the European Commission to do more to help its struggling livestock industry, seeking to defuse protests that have seen farmers block highways and supermarkets.

• Friday, February 12th 2016 - 06:27 UTC

  Petrobras faces legal challenges in the billions from international investors

  

  Brazil’s troubled state oil firm Petrobras faces possible new legal challenges from a coalition of groups representing international investors based in Europe in the US. The financially hobbled and corruption-racked company is being sued over alleged fraud-related losses the investors suffered on its shares and bonds traded outside the Americas.

• Friday, February 12th 2016 - 01:51 UTC

  Mod funds to design the successor of Royal Navy's Vanguard class submarines

  

  The United Kingdom Ministry of Defense (MoD) has awarded BAE Systems £201 million to further the design of a successor to the Royal Navy's Vanguard class submarines.

• Thursday, February 11th 2016 - 05:57 UTC

  Fed warns about uncertainty in China and tightening financial markets

  

  Tightening financial conditions driven by falling stock prices, uncertainty over China and a global reassessment of credit risk could throw the US economy off track from an otherwise solid course, Federal Reserve Chair Janet Yellen cautioned in a prepared testimony to Congress on Wednesday.

• Thursday, February 11th 2016 - 05:45 UTC

  ICAO agrees on first binding limits on emissions from the aviation industry

  

  UN Secretary-General Ban Ki-moon welcomed the announcement by the International Civil Aviation Organization (ICAO) proposing the first binding limits on emissions from the aviation industry.