Politics

Wednesday, October 8th 2014 - 08:38 UTC
Brazilian pollsters missed percentages but 'confirmed tendencies'

Although pollsters in Brazil got it right with President Dilma Rousseff victory and the growth tendency of runner up Aecio Neves in the last days leading to Sunday's presidential election, they failed dismally in percentage estimates.
Wednesday, October 8th 2014 - 08:24 UTC
Uruguay presidential race to be decided in runoff in November seems confirmed by latest poll

A run off in November to elect Uruguay's president seems most certain because none of the two leading candidates will manage a majority in the first round on 26 October, according to the latest public opinion poll.
Wednesday, October 8th 2014 - 08:16 UTC
Whoever wins Uruguayan election, no major changes in policy, says US bank

Under the heading of “Emerging markets prospects and strategy” the US bank group JPMorgan-Chase states that no matter who wins in Uruguay's 26 October presidential election, “we do not expect significant changes in the framework of current policy”.
Wednesday, October 8th 2014 - 07:54 UTC
IMF keeps Uruguay's growth estimate for this year, but lowers 2015

The International Monetary Fund kept Uruguay's growth estimate for this year at 2.8% but lowered the forecast for 2015 to 2.8% from 3%, according to the latest World Economic Outlook. Last year the Uruguayan economy expanded 4% and the government's target for this year is 3%.
Wednesday, October 8th 2014 - 07:51 UTC
Argentina needs an “urgent change of course” and better relations with financial markets

The Argentine economy needs an urgent change of course which would have the effect of reestablishing normal relations with the financial market, a crucial step to open a maneuvering space in an ever more complex environment, suggested Augusto de la Torre, World Bank chief economist for Latin America.
Wednesday, October 8th 2014 - 04:05 UTC
World Bank: end of boom doesn’t have to mean a bust for the poor in Latin America

During the recent commodity boom, Latin America and the Caribbean proved that growth could be pro-poor and help fuel tremendous social progress. Now as growth slows regionally and beyond, it is critical to consider what will shore up economic activity while ensuring the poor won't stay behind.
Wednesday, October 8th 2014 - 03:50 UTC
Brazilian and Chinese banks support for Argentina in bonds litigation confirmed

Brazil’s PTG Pactual Bank and the China Construction Bank are at the forefront of the initiative to buy up the 1.6 billion dollars of debt which Argentina owes “holdouts” NML-Elliott and Aurelius, according to a report from Buenos Aires Ambito Financiero, the country's leading financial newspaper.
Wednesday, October 8th 2014 - 03:46 UTC
World Bank supports Argentina, favors institutional frame for 'holdouts'

World Bank Chief Economist for Latin America and the Caribbean Augusto De la Torre has said the ongoing conflict between Argentina and holdout creditors is due to the “lack of international debt regulation frames”, and favored Argentina's initiative in the UN to “solve the situation.”
Tuesday, October 7th 2014 - 19:45 UTC
Matthew Rycroft has been appointed as UK Permanent Representative to UN

Matthew Rycroft CBE has been appointed as the United Kingdom’s Permanent Representative to the United Nations in New York in succession to Sir Mark Lyall-Grant KCMG, who will be transferring to another Diplomatic Service appointment. Mr Rycroft will take up his appointment during April 2015.
Tuesday, October 7th 2014 - 06:16 UTC
Ambassador Castro criticizes 'holdouts' and thanks UK unions' support for Argentina

Argentine ambassador in the United Kingdom, Alicia Castro has fiercely criticized the conduct of holdout investors and thanked UK unions for their support in the dispute with 'vulture funds', during an address to the British umbrella trade union UNITE.