Politics

Thursday, September 25th 2014 - 05:17 UTC
Argentina must explain to Judge Griesa why it is not in contempt of court

New York district judge Thomas Griesa has asked Argentina to show cause and explain why the country should not be declared in contempt, following its decision not to pay holdout investors full amount for their defaulted bonds as the judge’s ruling ordered on August 8.
Thursday, September 25th 2014 - 05:11 UTC
US dollar brushes 16 Argentine Pesos, settles at 15.95; monthly devaluation 12.4%

The informal rate for the US dollar in Argentina kept climbing on Wednesday and after brushing 16 Pesos, finally closed 53 cents higher at 15.95 Pesos, while the gap with the formal dollar soared to 89%. Distrust with government policy, plain speculation and hikes in the stock exchange rate were blamed for the situation.
Thursday, September 25th 2014 - 03:17 UTC
Falklands/Malvinas: Cristina Fernandez demands dialogue at UN and blasts Security Council

President Cristina Fernández addressing on Wednesday the United Nations General Assembly said Argentina, in the context of a complex world situation, has become a triple leading case, (vulture funds, terrorism) and one referred to 'the use of force and territorial integrity', more specifically the pending dispute with the United Kingdom over the Falklands/Malvinas.
Thursday, September 25th 2014 - 03:14 UTC
Brazil scrambles to support the Real; as Dilma recovers in the polls the currency falls

Brazil’s Real advanced from a seven-month low as the central bank signaled it will maintain support for the currency when it increased the number of foreign-exchange swap contracts offered in a rollover.
Thursday, September 25th 2014 - 03:12 UTC
Uruguay presidential campaign: government distributes 10 US dollars for each valid ballot

The Uruguayan government released this week the equivalent of 22.9 million dollars for the financing of political parties campaigning for 26 October when presidential and legislative elections are scheduled. In Uruguay political parties receive government support for electoral activities and private donations are closely scrutinized.
Wednesday, September 24th 2014 - 15:44 UTC
Marina blasts Dilma Rousseff for not supporting UN deforestation dead line initiative

Environmentalist and presidential opposition candidate Marina Silva blasted Brazilian president Dilma Rousseff for not supporting an initiative to put a deadline on deforestation supported by 32 countries this Tuesday during the Climate summit in New York.
Wednesday, September 24th 2014 - 15:42 UTC
Deforestation deadline initiative watered down by lack of support from Brazil

More than 30 countries set the first-ever deadline on Tuesday to end deforestation by 2030, but the feasibility of such a goal was eroded when a key player, Brazil, said it would not join.
Wednesday, September 24th 2014 - 06:41 UTC
It's unofficial, but the Queen 'purred' with happiness with the Scotland result

Britain's monarch is famously above politics, but Prime Minister David Cameron was overheard saying Queen Elizabeth had “purred” with happiness when he phoned her to inform her Scotland had voted to reject independence.
Wednesday, September 24th 2014 - 06:32 UTC
Morales opens indigenous peoples conference in New York blasting capitalism

Evo Morales, Bolivia’s first indigenous president, inaugurated the first World Conference on Indigenous Peoples at the UN on Monday and said he is living proof that the community can “govern and not just vote.”
Wednesday, September 24th 2014 - 06:19 UTC
Falklands and 'holdouts' in Argentine lawmakers agenda, coming visit to London

A group of Argentine lawmakers will be travelling next month to the UK, on an official visit to meet with British officials and members of Parliament, a trip which has been described as 'historic' because it is a 'first time' since the end of the South Atlantic conflict such an invitation is extended.