Politics

• Thursday, September 17th 2015 - 10:03 UTC

  Corbyn tells BBC he will not campaign for Britain to leave the European Union

  

  Labour leader Jeremy Corbyn has told the BBC that he will not campaign for Britain to leave the European Union. Mr. Corbyn said that while policy was “developing” he could not foresee a situation where Labor would campaign for a “Brexit” under his leadership. He has come under growing pressure from Labour MPs to clarify his position.

• Thursday, September 17th 2015 - 09:54 UTC

  Ten dollar bill with Thatcher's face, proposed presidential hopeful Jeb Bush

  

  US Republican presidential hopeful Jeb Bush has picked the UK's former Prime Minister, Margaret Thatcher, as his choice for the face of the $10 bill. The former Florida governor made the surprise suggestion during a televised debate for the top Republicans vying for the presidential nomination.

• Thursday, September 17th 2015 - 09:10 UTC

  Cristina Fernandez' most hated Justice resigns, but effective the day after she steps down from office

  

  The oldest Justice on the Argentine Supreme Court, Carlos Fayt, 97, on Tuesday presented his resignation, which will take effect on Dec. 11, after President Cristina Fernandez's successor is scheduled to take office, judicial officials said.

• Thursday, September 17th 2015 - 08:54 UTC

  Argentine magistrate orders Executive to release poverty figures; government says judge is 'meddling'

  

  An Argentine magistrate ordered the Executive to present official reports on the extent of poverty and indigence in the country, figures which allegedly the much questioned stats office, Indec ceased to release almost two years ago. However cabinet chief Anibal Fernandez ironically downplayed the order arguing the judge was 'meddling' in something she does not know.

• Thursday, September 17th 2015 - 08:46 UTC

  Embattled Rousseff argues countries are not defined by their credit ratings

  

  Embattled and leaner Brazilian President Dilma Rousseff said on Wednesday that a country is not defined by its credit rating, downplaying Standard & Poor's decision to assign junk status to Latin American largest economy's sovereign debt.

• Thursday, September 17th 2015 - 08:32 UTC

  Appeals court hands victory to Argentina in bonds dispute; questions Judge Griesa's 'class' expansion

  

  A United States federal appeals court handed Argentina a victory Wednesday in its quest to relieve itself of the pressures of debt owed to American hedge funds and others, saying a judge went too far by letting some bondholders demand payment without proving how much they are entitled to be paid.

• Wednesday, September 16th 2015 - 09:45 UTC

  Rousseff's latest austerity measures, 'hard to pass' warn congress leaders

  

  President Dilma Rousseff's latest austerity plan to rescue Brazil's sinking economy faced a cold reception Tuesday, with Congress raising questions over whether the measures will win approval. The speaker of the lower house of Congress and one of Rousseff's chief foes, Eduardo Cunha, dismissed the measures as “pseudo cuts” and predicted they would not easily pass.

• Wednesday, September 16th 2015 - 09:34 UTC

  Two close associates of Lula da Silva will face trial on the Petrobras scandal

  

  Two leading figures associated with Brazil's ruling Workers' Party will face trial over their alleged roles in the Petrobras graft scandal, authorities confirmed Tuesday.A judge has accepted to take on the case brought against Jose Dirceu, a former chief of staff under ex-president Lula da Silva (2003-2010), and who prosecutors say masterminded the bribes and embezzlement scheme skimming huge sums from the state oil giant.

• Wednesday, September 16th 2015 - 09:24 UTC

  International Day of Democracy: New UK legal expertise fund and Magna Carta global tour

  

  Minister of State Baroness Anelay has announced a new £100,000 fund to enable other countries to benefit from the UK’s world-leading legal expertise, marking the International Day of Democracy, 15 September. At an event held at Gray’s Inn – at the heart of the UK’s world-leading legal scene – the Minister launched the ‘Magna Carta Partnerships’ fund.

• Wednesday, September 16th 2015 - 09:18 UTC

  OPEC refuses to cut output pushing higher-cost oil producers out of the market

  

  The monthly report from the Organization of the Petroleum Exporting Countries said a weaker outlook for China would contribute to slower global oil demand growth next year. “U.S. oil production has shown signs of slowing,” OPEC said in the report. “This could contribute to a reduction in the imbalance of oil market fundamentals, however, it remains to be seen to what extent this can be achieved in the months to come.”