Politics

Tuesday, January 26th 2016 - 07:22 UTC
Together, let’s reform the EU

by David Cameron (*) - Britain is going to hold a referendum on whether to stay in the European Union. Support for our membership has declined over many years, so I am negotiating changes in 4 areas which will directly address the concerns of the British people. But I believe these changes can build a stronger EU that will benefit all 28 member states. Let me explain.
Monday, January 25th 2016 - 10:36 UTC
Oil price plunge distorts Brazilian market and leaves Rio cash strapped

Brazil's President Dilma Rousseff approved a resolution to maintain the current system for establishing the minimum price of oil on which royalty payments are paid by state-run oil company Petrobras to local governments.
Monday, January 25th 2016 - 10:19 UTC
IMF praise for Argentina's measures... but forecasts 'mild recession' this year

Despite the austerity policies that have been implemented by the government of President Mauricio Macri, Argentina will see a bigger than expected recession this year, the International Monetary Fund (IMF) said in a new report. The economy is set to decline 1% this year, a drop that is 0.3 percentage points larger than the previous forecast that the IMF had released in October.
Monday, January 25th 2016 - 10:10 UTC
Proxy inflation in Argentina reached 6.5% in December and 31.6% in 2015

Consumer prices rose 6.5% in December in the Argentine province of San Luis, one of the indexes the new leaders of the country's INDEC statistics bureau had said could be used as a proxy for national inflation figures — amounting to a cumulative 31.6% increase in 2015.
Monday, January 25th 2016 - 10:01 UTC
IMF estimates 2016 Venezuela inflation at 720% and 8% economy contraction

Venezuela’s consumer inflation, already the world’s highest, will more than double this year surging to 720% in 2016 from 275% last year, according to a note published by the IMF’s Western Hemisphere Director, Alejandro Werner.
Monday, January 25th 2016 - 08:41 UTC
Tompkins widow plans to hand over thousands of acres to create national parks in Patagonia

The widow of American conservationist Doug Tompkins, who died last month while kayaking in South America's Patagonia region, says she'll build on her husband's legacy of protecting threatened ecosystems in Argentina and Chile.
Monday, January 25th 2016 - 08:29 UTC
Paraguay's Dominguez, expected to be confirmed Conmebol president on Tuesday

Conmebol the South American football confederation rattled by corruption and massive arrests of its former members (except Uruguay's), involved in the major FIFA scandal, has a president, and if nothing happens from here to election day, 26 January, he is Alejandro Domìnguez, (43) a Paraguayan economist, belonging to one of the richest families in the country.
Monday, January 25th 2016 - 08:17 UTC
Former NY City mayor Bloomberg willing to run for president

Michael Bloomberg, the billionaire former mayor of New York City, has told his aides to draw up plans for an independent campaign for the U.S. presidency, The New York Times reported on Saturday.
Monday, January 25th 2016 - 07:28 UTC
Corbyn favors Falklands' 'power-sharing' deal with Argentina, says ex ambassador Castro

United Kingdom's leader of the opposition Jeremy Corbyn is in favor of making a power-sharing deal with Argentina over the Falkland Islands, according to an Argentine diplomat. Outgoing Argentine ambassador Alicia Castro says that the Labour leader is “one of ours” and that he told her he supports a British-Argentine power-sharing deal in the vein of Northern Ireland.
Saturday, January 23rd 2016 - 09:01 UTC
Rousseff eyeing foreign reserves to boost economy and cash strapped government

President Dilma Rousseff said on Friday that her cash-strapped government could consider tapping into Brazil's sizeable foreign reserves at a given moment, an idea that troubles investors already worried about the country's economic decline.