Politics

• Saturday, February 22nd 2014 - 06:40 UTC

  Falklands' annual inflation 0.6%; improvements planned for the index

  

  The Falkland Islands inflation for the last quarter rose by 0.03% with an annual increase of 0.6% it was announced at this week’s Standing Finance Committee, reports the Penguin News.

• Saturday, February 22nd 2014 - 06:28 UTC

  Argentine economy expanded 4.9% last year, according to government data

  

  The Argentine economy expanded 4.9% last year according to the official stats office Indec 'monthly economic growth indicator', EMAE, which is usually a good anticipation of the final figures. If confirmed Argentina will have grown uninterruptedly since the 2002 crisis, when the major default and melting of the economy.

• Saturday, February 22nd 2014 - 06:21 UTC

  YPF and Repsol are expected to sign a compensation deal next week

  

  Spanish oil major Repsol said Friday that, as part of a preliminary compensation deal struck last year with the Argentine government for the seizure of its former unit, YPF, it will take a charge of 1.28 billion Euros (1.76 billion dollars) on its 2013 earnings.

• Saturday, February 22nd 2014 - 06:06 UTC

  Dilma invites the pope to the World Cup and presents him with a 'verde-amarella' jersey

  

  Pope Francis received Friday in a private audience Brazilian President Dilma Rousseff, who formally invited the Argentine pontiff to visit her country during the World Cup soccer championship, which begins June 12.

• Saturday, February 22nd 2014 - 05:48 UTC

  Tall ships parade in Punta del Este; Mujica invited to a reception in ARA Libertad

  

  Uruguayan president Jose Mujica is scheduled to attend a reception on Saturday at Argentina's tall ship Libertad, which together with several similar vessels is participating in the '2014 Latin American Sails' tour of thirteen Latin American and Caribbean ports, and on Friday arrived to Punta del Este.

• Friday, February 21st 2014 - 08:05 UTC

  Uruguay lowers growth estimate for 2014 to 3% of GDP; inflation still a challenge

  

  Uruguay's GDP this year is expected to expand by 3%, below the original estimate of 4%, according to Economy minister Mario Bergara currently in the United States on a tour to promote investments in the country and who was interviewed by Bloomberg.

• Friday, February 21st 2014 - 07:41 UTC

  HMS Portland involved in anti-narcotics training with the Cape Verde Coast Guard

  

  On her way to South Africa and the South Atlantic islands of Falklands and South Georgia, the Royal Navy's Atlantic patrol HMS Portland after a brief stop at the port of Mindelo sailed back out to sea with a boarding team from Cape Verde embarked.

• Friday, February 21st 2014 - 07:30 UTC

  Chancellor Osborne warns UK recovery 'is not yet secure' despite recent growth surge

  

  UK Chancellor George Osborne said next month’s Budget will continue to confront Britain’s problems as he cautioned the recovery was “not yet secure” despite a recent surge in growth.

• Friday, February 21st 2014 - 07:22 UTC

  Independence debate heats up: Scotland will be able to issue its own investment bonds

  

  The Scottish government will be given power to issue its own investment bonds, UK ministers have announced. The move will give the Holyrood administration an extra source of financing when it gets new borrowing powers, in 2015. Chief Secretary to the Treasury Danny Alexander called the move “historic”.

• Friday, February 21st 2014 - 07:12 UTC

  Brazil announces budget spending cuts to meet primary budget surplus

  

  Brazil's government on Thursday announced 44 billion Reais (18.41 billion dollars) in spending cuts as it seeks to meet its primary budget surplus target for 2014. This year's cuts exceed the 38 billion Reais (some 15.9 billion) in budget reductions announced in 2013 and extend to all government departments except education, health, social development, and science and technology.