Politics

• Monday, April 11th 2016 - 05:46 UTC

  Argentina ready to formally join the IMF fold; Prat-Gay to meet Lagarde this week

  

  Argentina will start discussions with the International Monetary Fund (IMF) this week on its first Article IV review in a decade, Finance Minister Alfonso Prat Gay said at a conference held by the Institute of International Finance (IIF) in Nassau. “Next week we are going to have a discussion (with the IMF) to agree on an actual schedule for the next Article IV evaluation, which will happen sometime around September,” Prat Gay told the audience on Sunday.

• Saturday, April 9th 2016 - 21:42 UTC

  Keiko Fujimori poised to win Peru's first round presidential election, but opposition to her has climbed to 51%

  

  Keiko Fujimori is poised to win the first round of Peru's presidential election on Sunday, but with insufficient votes to avoid a second round on June 5, according to the latest survey with data collected on April 6. The Ipso poll showed Keiko with 37.7% of valid votes, and a double digit lead over each of her nine rivals.

• Saturday, April 9th 2016 - 16:39 UTC

  Argentina begins next Monday road-show in UK and US to raise US$ 15bn

  

  Argentine representatives will begin meeting investors Monday as the country returns to the international bond market for the first time in 15 years, it was announced by Economy minister Alfonso Prat-Gay from Bahamas, where he is attending the Inter American Bank annual assembly.

• Saturday, April 9th 2016 - 16:13 UTC

  EU and Mercosur agree to exchange market access offers in second week of May

  

  The European Union Trade Commissioner Cecilia Malmström and Rodolfo Nin Novoa, Foreign Minister of Uruguay, which currently holds the rotating presidency of the South American trading bloc Mercosur, agreed on Friday in Brussels on the next steps in the negotiations on an EU-Mercosur trade agreement.

• Saturday, April 9th 2016 - 15:21 UTC

  Argentine judge will certify Macri's assets' statement; president pledges blind trust

  

  Argentine president Mauricio Macri on Friday requested a court to certify his declaration of assets in order to clear up any doubts following the surfacing of his name in a couple of offshore companies, according to the so called Panama Papers. Lawyer Felipe Llerena presented a writ before the Civil Appeals Court in Buenos Aires.

• Saturday, April 9th 2016 - 14:59 UTC

  Panama Papers: EU warning; questions why no US or German prominent names have surfaced

  

  A European Union official threatened to sanction Panama and other nations if they don’t cooperate fully to fight money laundering and tax evasion, after a leak of data showed the small country remains a key destination for people who want to hide money.

• Friday, April 8th 2016 - 09:25 UTC

  Brazil's model of 'national production' is over: a Mercosur open to the world a solution

  

  Brazil exhausted its economic model, the domestic market is no longer enough and Brazilian protectionism hindered competitiveness and scared foreign investment, claimed retired Brazilian diplomat Jose Botafogo at the international symposium “The future of Mercosur” organized in Paraguay as part of the 25th anniversary celebration of the South American block.

• Friday, April 8th 2016 - 08:05 UTC

  Cameron finally admits he owned shares in an offshore trust, which he sold in 2010

  

  British Prime Minister David Cameron has said he and his wife Samantha owned shares in an offshore trust set up by his late father, before selling them for £30,000 in 2010. The PM has faced questions over Blairmore Holdings, an offshore company set up by his late father, Ian, and finally on Thursday he old ITV News he had paid all UK taxes due on the profits he made from the sale of the shares and said the firm had not been set up to avoid tax.

• Friday, April 8th 2016 - 07:38 UTC

  Falklands celebrates the 150 years of Port Howard historic farming

  

  Falkland Islands celebrated the 150 years of a farm in West Falkland at a ceremony held in Port Howard, honoring owners Christopher and Myles Lee that were presented with a plaque celebrating the century and a half of the farm being operational, at an historic Legislative Assembly held in the community hall last week.

• Friday, April 8th 2016 - 07:28 UTC

  Uruguay in Brussels to begin a crucial round of Mercosur/EU negotiations

  

  Uruguay Foreign Minister Rodolfo Nin Novoa is scheduled to begin this Friday in Brussels what is believed to be the last round of talks with the European Union to reach a wide ranging cooperation and trade agreement between Mercosur and the European Union.