Politics

Monday, June 2nd 2014 - 07:33 UTC
Argentina confident US Supreme Court will take its litigation case with hedge funds

President Cristina Fernandez administration has high hopes that the US Supreme Court will take its long running litigation case with holdout hedge funds that refused to accept sovereign debt rescheduling after Argentine defaulted in 2001.
Monday, June 2nd 2014 - 07:13 UTC
Vazquez, Lacalle Pou and Bordaberry: one the three will be Uruguay's next president

Sunday's primaries in Uruguay cleared the way for the candidates of the four parties with legislative representation that will be disputing the presidential election next October 26, with a run-off a month later if none of them manages 50% plus one of ballots.
Monday, June 2nd 2014 - 01:09 UTC
Pacific Alliance to hold round of integration 'informative' talks with Mercosur

Pacific Alliance members meeting in Mexico agreed to hold an “informative” ministerial round of talks with their Mercosur and associates' counterparts to talk about regional integration. The announcement was done following a closed doors meeting of Mexico, Chile, Colombia and Peru foreign ministers who are preparing the agenda for the next Pacific Alliance summit.
Sunday, June 1st 2014 - 12:59 UTC
Exxon, BP defy White House and extend partnership with Russia

Several of the largest oil companies in the world are doubling down in Russia despite moves by the West to isolate Russia and its economy. ExxonMobil and BP separately signed agreements with Rosneft – Russia's state-owned oil company – to extend and deepen their relationships for energy exploration.
Saturday, May 31st 2014 - 07:55 UTC
The 'morality' of the Argentina/Paris Club deal is that it's 'a shared effort'

Argentina's Economy minister Axel Kicillof gave details on Friday of the payment agreement reached with the Paris Club involving 9.7bn dollars of 2001 defaulted debt, which will open the doors to export credit agencies from the group's members and equally important signals a new attitude from the Cristina Fernandez administration.
Saturday, May 31st 2014 - 07:43 UTC
Falklands to mark liberation from Argentine occupation on Saturday 14 June

To mark the anniversary of the liberation of the Falkland Islands from Argentine occupation in 1982, a program of activities has been arranged for Saturday 14 June 2014, beginning with a Thanksgiving Service to be held at Christ Church Cathedral commencing at 9.45 am, according to a release from Gilbert House.
Saturday, May 31st 2014 - 07:28 UTC
Argentine Vice president summoned in corruption case; opposition demand his resignation

Argentina's Vice President Amado Boudou has been summoned for questioning as a potential defendant in a corruption case, a Buenos Aires court said on Friday. The allegations date from Boudou's 2009-2011 tenure as Economy minister.
Saturday, May 31st 2014 - 07:15 UTC
Germany and UK disagree on candidate for next EU Commission president

German Chancellor Angela Merkel has said she wants former Luxembourg Prime Minister Jean-Claude Juncker to become the next EU Commission president. But some European leaders have voiced opposition to the move, including the British government who argue that Mr. Juncker is too much of an EU federalist and called for “a lengthy process to find consensus”.
Saturday, May 31st 2014 - 07:03 UTC
US Chamber of Commerce delegation on potential business tour of Cuba

A delegation from the American Chamber of Commerce has begun its first visit to Cuba in 15 years. Chamber president Thomas Donohue said he was in Cuba to assess the economic changes taking place under President Raul Castro.
Saturday, May 31st 2014 - 06:50 UTC
Argentina tells Judge Griesa it has no plans to evade paying holdouts

Argentina's lawyers tried on Friday to assure a US federal judge that it would not evade orders to pay 1.33 billion dollars to bondholders who refused to accept its debt-restructuring offers, if the US Supreme Court (on 12 June) declines the case.