Politics

Saturday, July 12th 2014 - 10:13 UTC
CFK invites regional presidents to the official dinner for Russia's Putin

President Cristina Fernandez, CFK, invited her peers from Bolivia, Uruguay and Venezuela, Evo Morales, Jose Mujica and Nicolas Maduro respectively to participate in a special dinner after her meeting with the Russian head of state, Vladimir Putin on Saturday.
Friday, July 11th 2014 - 06:36 UTC
Brazil's next government will have to implement a tough fiscal tightening, says Fitch

Fitch Ratings on Thursday reaffirmed Brazil's “BBB” credit rating with a stable outlook, but added it expects the next government to control spending in order to avoid additional fiscal deterioration that could trigger a downgrade.
Friday, July 11th 2014 - 06:29 UTC
Prince Charles will be visiting Colombia in October, announced President Santos

President Juan Manuel Santos announced Prince Charles' visit to Colombia during an official ceremony in which he signed an international treaty to protect the marshlands of the Estrella Fluvial de Inirida River, a 700,000-acre site in Colombia’s eastern Guainia state.
Friday, July 11th 2014 - 06:19 UTC
JP Morgan requests 'clarification' from Judge Griesa to pay Japanese bondholders

JP Morgan bank, the entity responsible for the payment to Argentina's Japanese bondholders has sent a letter to US Federal Judge Thomas Griesa, requesting “a clarification” in order to deliver the funds to the nation's creditors.
Friday, July 11th 2014 - 06:14 UTC
Pollack says Argentina, hold-outs and legal representatives will meet on Friday

Special master Daniel Pollack revealed on Thursday he has been talking with holdout funds and Argentine lawyers “on a daily basis”, one day before an Economy Ministry committee travels to New York to meet the mediator in the funds/Argentina litigation case for the second time.
Friday, July 11th 2014 - 06:06 UTC
Majority of Uruguayans disapprove receiving US prisoners from Guantanamo military base

A majority of the Uruguayan population does not approve receiving US prisoners from the US Guantanamo Base, a decision adopted by the government of President Jose Mujica to help support the US government in closing the 9/11 jail for terrorists, according to a public opinion poll released on Thursday.
Friday, July 11th 2014 - 01:45 UTC
Mercosur summit on 29 July in Caracas, according to Venezuela and Paraguay

The much delayed Mercosur summit will finally take place at the end of the month in Caracas, according to sources from Paraguay and Venezuela. During the last OAS meeting, Venezuelan Foreign minister Elias Jaua confirmed to his Paraguay peer Eladio Loizaga that the date is 29 July and that the consultation process has been completed.
Friday, July 11th 2014 - 01:37 UTC
Uruguay central bank admits inflation remains the main concern and pledges monetary contraction

Uruguay's Central bank confirmed that inflation remains the leading challenge and ratified the current monetary contractive policy with the M1 money supply index converging to 8% from its current 10.4%, in a 'not too distant horizon'.
Thursday, July 10th 2014 - 21:48 UTC
Fed will end asset purchases in October, but no decision yet on interest rates

The Federal Reserve has begun detailing how it plans to ease the US economy out of an era of loose monetary policy, indicating it will end its asset purchases in October and appearing near agreement on a plan to manage interest rates in the future, according to minutes of the last Fed policy meeting.
Wednesday, July 9th 2014 - 08:21 UTC
Kicillof blasts holdouts: “they never negotiated or lent money to Argentina”

Argentine Economy minister Axel Kicillof responded fiercely to criticisms directed at him and the Argentine government by Elliott Management portfolio manager Jay Newman, reminding the representative of the holdout investors that they have never lent a cent to Argentina.