Politics

• Friday, December 27th 2013 - 05:18 UTC

  Australian cruise operators interested in developing Puerto Williams in Chile

  

  Australian travel agents linked to the cruise industry visited Puerto Williams in the extreme south of Chile to check on the facilities, services and infrastructure with the purpose of planning cruise calls on a regular basis. Puerto Williams in located on Navarino island across from Ushuaia in Argentina.

• Friday, December 27th 2013 - 05:13 UTC

  Caught you!! Brazilian Senator returns cost of air trip to have a hair implant

  

  The president of the Brazilian Senate, Renan Calheiros had decided to return the equivalent of public funds he used to fly on a Brazilian Air Force (FAB) aircraft from Brasilia to Recife, where he underwent a hair implant.

• Friday, December 27th 2013 - 05:07 UTC

  World Cup 2014: Brazil most expensive stadium has a leaking roof

  

  Reports from stadium operators in Brazil have revealed that the most expensive of the 12 stadiums built or renovated for the 2014 FIFA World Cup has a leaking roof, less than eight months after it was finished.

• Friday, December 27th 2013 - 04:58 UTC

  Argentina makes its case to Forbes: 'commitment has been to treat all bondholders equally'

  

  By Cecilia Nahón (*) - The op-ed published on October 21 entitled “Supreme Court Moves Us Closer To Holding Deadbeat Argentina Accountable” openly distorts Argentina´s recent history and the facts surrounding its debt restructuring.

• Friday, December 27th 2013 - 04:52 UTC

  Inflation in Argentine provinces expected to reach over 30% at the end of 2013

  

  Consumer prices in the Argentine province of San Luis climbed 2.9% in November over October, 27.8% over December 2012 and 29.3% in the last twelve months, according to the provincial stats office. San Luis is ruled by dissidents from the ruling Peronist coalition headed by President Cristina Fernandez.

• Friday, December 27th 2013 - 00:59 UTC

  China pumps 5bn dollars to help banking system with rising interest rates

  

  China's central bank has pumped 5bn dollars into the banking system to ease concerns over a credit squeeze that has caused rising interest rates. The People's Bank of China did not explain its actions, but over the last few days there has been growing concern over the availability of credit.

• Friday, December 27th 2013 - 00:16 UTC

  Cristina Fernandez determined to decide on the incumbent candidate for 2015

  

  Argentine president Cristina Fernandez denied point blank any prospects of her running for office for a third consecutive period or any other elected post in the 2015 elections. Member of Congress Carlos Kunkel, considered an 'ultra-Kirchnerite' said on Christmas that at the end of her mandate “Cristina will continue in politics”. However Cristina will apparently decide on the incumbent presidential candidate for 2015.

• Friday, December 27th 2013 - 00:05 UTC

  Over 10m Argentines live in poverty conditions, says Catholic University

  

  Over a quarter of the Argentine population live in poverty conditions, with no formal job, poor quality education, dreadful housing and insufficient healthcare, according to the latest paper from the Buenos Aires Catholic University Social Debt Observatory.

• Thursday, December 26th 2013 - 23:54 UTC

  Argentina’s socioeconomic statistics: still lying after all these years, says The Economist

  

  For years the IMF turned a blind eye as Argentina doctored its inflation index and plumped up its numbers for economic growth. Then last February the fund steeled itself and censured the country, warning it to improve its statistics by September or face potential suspension or expulsion. This threat was unprecedented in the fund’s history.

• Thursday, December 26th 2013 - 08:31 UTC

  Falklands government contracts local company for provision of IT services

  

  The Falkland Islands Government and local company Synergy Information Systems Ltd have agreed a contract for the provision of IT services to Government. The contract, signed last week following formal approval by Executive Council, involves the management of the Government’s IT network infrastructure and user support and results in the transfer of more than 80% of Government IT work to the local private sector.