Politics

Thursday, August 22nd 2013 - 23:37 UTC
A ‘sustainable’ exchange rate for Brazil is 2.2 to 2.35 Reais to the US dollar

Brazil's development bank BNDES chief Luciano Coutinho said on Thursday that a “sustainable” exchange rate for the country would be between 2.2 and 2.35 Reais to the US dollar, which is currently trading at around 2.44.
Thursday, August 22nd 2013 - 23:22 UTC
Leaker Manning reveals he is a female and should be addressed as Chelsea

Bradley Manning, sentenced to 35 years in military prison for the biggest breach of classified US documents in US history, said in a statement he is female and wants to live as a woman named Chelsea.
Thursday, August 22nd 2013 - 23:18 UTC
Brazil confirms contract of 4.000 Cuban doctors to work where local professionals don’t want to go

Brazil's foreign minister on Thursday denied that the government's plan to hire 4,000 Cuban doctors to work in isolated areas has any “ideological aspect.” The decision “was taken to improve public services and has no ideological motivation of any kind,” Antonio Patriota told a congressional committee.
Thursday, August 22nd 2013 - 00:44 UTC
‘Positive meeting’ of Cristina Fernandez with business, bank and union leaders

Leaders of some of Argentina's most important business groups praised the meeting held in Rio Gallegos with president Cristina Fernandez, where the head of state spoke with representatives of companies, banks and unions for more than three hours.
Thursday, August 22nd 2013 - 00:40 UTC
Argentina purchases Chinese equipment to improve the railway system

Argentina approved a contract to purchase railway equipment from a Chinese firm, said the government gazette. The contract was signed by the Argentine Ministry of the Interior and Transportation and the Chinese firm CSR Qingdao Sifang Co, Ltd on May 23, 2013 and officially approved with Administrative Decision 584/2013.
Thursday, August 22nd 2013 - 00:33 UTC
Fed members agree to slow bond purchases but divided over when to start

The US Federal Reserve members appear to agree on slowing bond purchases by the end of this year if the US economy continues to improve, but remains divided over the exact timing of the move. That's the message from the minutes of the Fed's July 30-31 meeting released Wednesday.
Wednesday, August 21st 2013 - 18:55 UTC
Falklands: Ambassador Castro says comments on PM Cameron were ‘taken out of context’

Argentina's ambassador to Britain said on Wednesday she had not meant to offend British Prime Minister David Cameron when she called him “dumb” and his handling of the long-running dispute over the Falkland Islands “foolish and totally useless”.
Wednesday, August 21st 2013 - 18:50 UTC
Chile/Argentina row: Lan Chile evicted from Buenos Aires metropolitan terminal

Chilean president Sebastián Piñera has instructed Foreign minister Alfredo Moreno to immediately contact Argentine authorities following the decision by the government of President Cristina Fernandez ordering Lan Chile to move out from the metropolitan airport of Aeroparque in Buenos Aires.
Wednesday, August 21st 2013 - 18:36 UTC
Controversy with FIFA over hotel prices for the 2014 World Cup

The Brazilian government has expressed concern that some hotels listed on FIFA website for the 2014 World Cup plan significant price increases during the tournament. Brazil’s tourism board, Embratur, is said to have notified the justice ministry after its research showed that rates will be up to 500% more expensive during the World Cup in some hotels offered by the MATCH Services agency on FIFA website.
Wednesday, August 21st 2013 - 18:31 UTC
Argentina media law dispute between Cristina Fernandez and Clarin reaches UK newsstands

The conflict between the administration of President Cristina Fernandez and the powerful Clarín media Group CEO Héctor Magnetto crossed the Atlantic and reached UK newsstands as British daily The Guardian published an article on Argentina’s Media Law.