Politics

Tuesday, September 30th 2014 - 05:11 UTC
Argentine reserves below 28bn dollars; bonds payments of 170m on Tuesday

The informal of “blue” dollar in Argentina fell back 15 cents to 15.55 Pesos after it skyrocketed 75 cents last week and scraping 16 Pesos. The formal US dollar meantime advanced three cents to 8.49 Pesos at the end of trading in Buenos Aires City banks and foreign exchange offices. The gap between the two rates dropped to 83.9%.
Tuesday, September 30th 2014 - 05:04 UTC
Spain constitutional court freezes Catalonia referendum, but plans continue

Spain's Constitutional Court has suspended an independence referendum called by Catalonia for November, although political forces in the wealthy north-east region forged ahead with a political campaign ahead of their planned vote.
Tuesday, September 30th 2014 - 04:55 UTC
Brazil will give exporters 3% tax refunds to help struggling businesses

The Brazilian government will offer tax rebates for exporters beginning in October, Finance Minister Guido Mantega said on Monday, in the latest measure to help struggling businesses just days ahead of a presidential election.
Tuesday, September 30th 2014 - 04:51 UTC
South Korea constructing Bolivia's longest bridge to be delivered in 35 months

South Korea's Hyundai-Byucksan consortium started construction of a bridge 1,440 meters long in eastern Bolivia, a span that will be the country's longest and will require an investment of 49.9 million dollars, some of which will come from a loan from Seoul.
Tuesday, September 30th 2014 - 04:40 UTC
Brazils' Bovespa and Real plunge as Dilma climbs in polls with less than a week to election

Brazilian financial markets took a beating on Monday after polls showed President Dilma Rousseff pulling past challenger Marina Silva ahead of Sunday's election. The Brazilian currency closed at its weakest level since December 2008 while the benchmark Bovespa stock index notched its biggest one-day loss in over three years.
Tuesday, September 30th 2014 - 00:44 UTC
Falkland Islands' Legislative Assembly opens a new website

As of this week the Falkland Islands elected Legislative Assembly will have a new website, located as a micro.site off the developing FIG civil service website.
Monday, September 29th 2014 - 22:26 UTC
Ambassador Castro thanks British unions for support in 'vulture funds' and Malvinas disputes

In a speech delivered to over three hundred trade union delegates, Argentine ambassador in London Alicia Castro thanked the British unions for their support in fighting the 'vulture funds' and in backing the call for dialogue on the question of the Falklands/Malvinas, while praising progress made by Argentina regarding the role of women.
Monday, September 29th 2014 - 21:16 UTC
Judge Griesa declares Argentina in contempt of court, but deferred financial penalties

New York district judge Thomas Griesa declared on Monday Argentina in contempt of court, due to the country's actions in attempting to change debt jurisdictions as a result of the ongoing judicial conflict with holdout investors presided over by the US magistrate.
Monday, September 29th 2014 - 09:22 UTC
Venezuela's Bolivar hits a record low of 100 to the US dollar

Venezuela's Bolivar currency hit a record low 100 to the U.S. dollar on the black market on Friday, making the dollar 16 times more expensive than the strongest official rate, according to a website that tracks it.
Monday, September 29th 2014 - 09:16 UTC
Rousseff pledges media regulation (but not content) if re-elected this week

Brazilian president Dilma Rousseff, seeking re-election next week, says she will pursue media regulation if she returns for a second term, seeking to boost pluralism without influencing editorial content, according to media reports.