Politics

• Friday, September 12th 2014 - 03:37 UTC

  Emilio Botin, “El presidente” and the 'unofficial king of Spain'

  

  Emilio Botin, “El Presidente” to co-workers and the third generation of Botins to run Santander, was at the forefront of a drive to create global banks, offering a one-stop shop to multinational companies and a range of services to consumers.

• Thursday, September 11th 2014 - 17:00 UTC

  There are two Mercosur, but only the ideological one prevails

  

  The original Mercosur is over; it has been reduced to a political block with a three member board, Brazil, Argentina and Venezuela, according to Demetrio Magnoli a renowned Folha de Sao Paulo columnist who added that the 'political' Mercosur has helped the Alliance of the Pacific to advance.

• Thursday, September 11th 2014 - 16:29 UTC

  UK political leaders from all parties off to campaign in Scotland as YES vote advances

  

  The leaders of the main UK parties have made a plea for a vote against Scottish independence, as they campaigned north of the border ahead of the referendum. Prime Minister David Cameron said he would be “heartbroken” in the event of a “Yes” vote, while Labor leader Ed Miliband said the case for the Union came from the “head, heart and soul”.

• Thursday, September 11th 2014 - 16:19 UTC

  Royal Navy will have a second aircraft carrier, “Prince of Wales”

  

  The UK Royal Navy is to get the second operational aircraft carrier, British Prime Minister David Cameron announced. Britain is building two 65,000-ton aircraft carriers in a £6.2 billion deal with a BAE Systems-led industry alliance, but the Conservative-led coalition had previously said it would mothball or sell the second warship due to the cost of operating two carriers.

• Thursday, September 11th 2014 - 15:53 UTC

  Key economic responsibilities to France and UK in EU new executive team

  

  The incoming head of the European Commission, Jean-Claude Juncker, unveiled an EU executive team on Wednesday that handed key economic responsibilities to French and British commissioners but overseen by others in a new-look hierarchy.

• Thursday, September 11th 2014 - 15:46 UTC

  Ana Botin appointed new chairwoman of Spanish banking giant Santander

  

  Ana Botin has been appointed the new chairwoman of the Spanish banking giant Santander, following the death of her father, Emilio Botin, who died of a heart attack on Tuesday night.

• Thursday, September 11th 2014 - 05:14 UTC

  Islamic State's ultimate goal: Saudi Arabia's oil wells

  

  For the terrorist group known as the Islamic State, Syria and Iraq were a good place to start their campaign, but in order to survive and prosper it knew from the outset that it had no choice but to set its sights on the ultimate prize: the oil fields of Saudi Arabia.

• Thursday, September 11th 2014 - 04:48 UTC

  Judge Griesa will wait for appeals court ruling before acting on holdouts' Citibank subpoena

  

  US district judge Thomas Griesa has said he would wait for a decision on a pending appeal before ordering Citigroup to comply with a subpoena served by holdout investors seeking details of any threats from Argentina to process payments the court had blocked.

• Thursday, September 11th 2014 - 04:30 UTC

  Despite all the negative economic data, Argentina's stock market has almost doubled this year

  

  Despite all the negative news on government restrictions imposed on the Argentine economy and the shortage of hard currency, the country's Merval Index has skyrocketed almost 100% this year, the highest of any stock market in the world. It includes many of the largest companies in the country such as Telecom Argentina and Energy Petrobras, along with banks and a steel maker.

• Wednesday, September 10th 2014 - 07:22 UTC

  Cuba restricts personal importation of foreign goods, “to curb abuses”

  

  Cuba has implemented new rules that will restrict the personal importation of foreign goods into the country except where locally made items are expensive and scarce.