Politics

• Friday, December 5th 2014 - 06:01 UTC

  HMS Dragon in Chile; Argentine media recalls Mercosur ban on RN vessels

  

  Argentine media is reporting that HMS Dragon, Type 45 destroyer and one of the most modern vessels in the Royal Navy is currently in Valparaiso, Chile attending the Exponaval 2014, one of the main naval and maritime exhibition events in the Southern hemisphere.

• Thursday, December 4th 2014 - 06:06 UTC

  Ecuador to combat IUU fishing as part of trade agreement with the EU

  

  Ecuador's Deputy Minister of Aquaculture and Fisheries organized a workshop with representatives from various government institutions related to port and maritime fisheries control in the country in order to develop a National Action Plan to prevent, deter and eliminate illegal, unreported and unregulated (IUU) fishing.

• Thursday, December 4th 2014 - 05:51 UTC

  Falling oil prices comes as a blessing for dollar-short Argentina

  

  The slump in global oil prices will reduce Argentina's energy import bill by several billion dollars, a development that could ease pressure on the Central Bank’s strained foreign-currency reserves, according to Economy minister Axel Kicillof.

• Thursday, December 4th 2014 - 05:43 UTC

  Maduro's regime charges opposition leader Corina Machado with 'sedition'

  

  Venezuela has indicted hard-line opposition leader María Corina Machado on charges of sedition claiming she took part in an alleged plot to kill president Nicolas Maduro, the state prosecutor's office confirmed.

• Thursday, December 4th 2014 - 05:34 UTC

  Cristina's immunity when she steps down, becomes a political topic

  

  Argentine Cabinet chief Jorge Capitanich denied that a bill to choose the members of Mercosur Parliament (Parlasur) through popular vote had a hidden agenda for granting immunity for President Cristina Fernandez after 2015, as was denounced by Buenos Aires Clarin newspaper.

• Thursday, December 4th 2014 - 05:28 UTC

  UK to tax multinationals that siphon profits into low-tax havens

  

  Britain plans to introduce a tax to target multinationals such as Google and Amazon accused of using complex accounting schemes to cut their payments on earnings in the country.

• Thursday, December 4th 2014 - 05:09 UTC

  Rousseff promises JPMorgan investors a balanced budget and full support of Levy

  

  President Dilma Rousseff said in a letter to investors that one of the main priorities of her second term will be to put Brazil's fiscal accounts in order, sending a strong message that her administration will adopt more market-friendly policies.

• Thursday, December 4th 2014 - 05:03 UTC

  Brazil raised the basic interest rate 50 basic points to 11.75%

  

  Brazil's central bank on Wednesday raised its key interest rate by 50 basis points to 11.75%. The rise came on the back of a one quarter point rise just over a month ago which was the first since April and in the wake of populist Dilma Rousseff's re-election as president, who last week appointed a new finance team to tackle rising inflation.

• Wednesday, December 3rd 2014 - 22:31 UTC

  Chile holds first Mayors climate change forum with UK support

  

  Chile's first Mayors Climate Change Forum, a local government-led initiative focused on cities, local territories and climate change took place in late November with the support of the British Embassy in Santiago.

• Wednesday, December 3rd 2014 - 22:08 UTC

  Memorial to the Korean War unveiled at a ceremony in central London

  

  A new memorial to the Korean War, a conflict often dubbed ‘the forgotten war’ was unveiled on Wednesday at a ceremony in central London.The Korean War Memorial, a gift from the Republic of Korea to honor the British troops that served between 1950 and 1953, is in the form of a bronze statue of a British soldier by sculptor Philip Jackson.