Politics

• Wednesday, June 25th 2014 - 06:46 UTC

  Argentina waiting for Judge Griesa's reply on the 'stay' request

  

  The government of President Cristina Fernandez awaits Judge Griesa's decision after the request to issue a stay on the ruling that orders Argentina to pay all the bondholders at the same time, Argentine Cabinet Chief Jorge Capitanich said in his daily press briefing at Government House on Tuesday.

• Wednesday, June 25th 2014 - 06:28 UTC

  Bachelet promises to buy and return disputed lands to Chile's tribes

  

  President Michelle Bachelet announced a plan to buy and return disputed ancestral lands to Chile's indigenous communities as part of a strategy to better incorporate them into the country's political process and economic development.

• Wednesday, June 25th 2014 - 06:22 UTC

  Uruguay's second pulp mill begins production: 1.3million tons annually

  

  Uruguay's second pulp mill Montes del Plata started production this week following an investment of 2 billion dollars, the largest ever in the recent history of the country. The announcement was made by the Chilean-Swedish complex that is running the plant.

• Wednesday, June 25th 2014 - 06:11 UTC

  Falkland Islands case to be addressed on Thursday at the UN C24

  

  Foreign minister Hector Timerman is heading a multi-party delegation that on Thursday will make the presentation of Argentina's position on the Falklands/Malvinas Islands sovereignty dispute before the UN Decolonization Committee in New York.

• Tuesday, June 24th 2014 - 23:52 UTC

  Unasur sides with Argentina and warns about “global financial stability”

  

  The Union of Southern Nations (UNASUR) expressed its solidarity with Argentina after US Supreme Court decision to dismiss the country’s appeal in its legal dispute with holdout hedge funds, rejecting “the behavior of speculative agents that endanger the agreements reached between debtors and creditors”.

• Tuesday, June 24th 2014 - 23:30 UTC

  Argentina's bond fight with holdouts will be addressed by G-77 plus China

  

  Argentina’s bond fight against holdout hedge funds will reach the United Nations headquarters on Wednesday when Economy Minister Axel Kicillof addresses the G77 plus China 134-nations plenary on Argentina's debt restructuring process.

• Tuesday, June 24th 2014 - 22:37 UTC

  Hedge fund calls on Judge Griesa to reject 'stay' order requested by Argentina

  

  Hedge fund NML Capital have dismissed the Argentine government's request to reestablish a stay on payments to the holdout hedge funds, and called on New York judge Thomas Griesa to reject the plea.

• Tuesday, June 24th 2014 - 06:54 UTC

  Griesa appoints mediator for talks between Argentina and holdout hedge funds

  

  New York district court judge Thomas Griesa on Monday appointed a Manhattan attorney to supervise talks between Argentina and hedge fund holdout bondholders after the government of President Cristina Fernandez asked him to organize negotiations with its creditors.

• Tuesday, June 24th 2014 - 06:42 UTC

  Argentina requests a 'stay' order on the ruling favoring holdout creditors

  

  Argentina asked a U.S. judge on Monday to issue a stay of his ruling against the country in its case against “holdout” creditors as it sought to avoid a possible new default. The country is in a 12-year-old legal fight with investors who declined to participate in bond restructurings (2005 and 2010) after the country defaulted on 100 billion dollars in sovereign debt in 2002.

• Tuesday, June 24th 2014 - 04:30 UTC

  Foreign Office flies the British Antarctic Territory flag to mark mid-winter day

  

  The 21st June was Mid-Winter’s Day in The British Antarctic Territory and to mark the occasion, Commissioner Dr Peter Hayes has written to UK Base (Rothera, Halley, King Edward Point, Bird Island) Commanders and staff to thank them for their ongoing hard work within the Territory.