Politics

Saturday, April 6th 2013 - 03:55 UTC
Francis calls for “decisive action” in the fight against sex abuse of minors by priest

Pope Francis has called for “decisive action” in the fight against sex abuse of minors by priests. He told Bishop Gerhard Mueller, head of the Congregation for the Doctrine of Faith - the Vatican watchdog that deals with sex abuse cases - to ensure that perpetrators were punished.
Saturday, April 6th 2013 - 03:50 UTC
Brazil claims trade situation with Argentina is “less than satisfactory”

Brazil admitted that the trade situation with Argentina is “less than satisfactory”, given the ongoing barriers and restrictions imposed by Buenos Aires and revealed that the bilateral trade balance is now inclined in favour of its southern neighbour and Mercosur associate.
Saturday, April 6th 2013 - 03:44 UTC
Brazil hopeful an EU/Mercosur trade accord can be concluded this year

Brazilian Foreign minister Antonio Patriota said he was hopeful that the European Union and Mercosur could advance this year towards a trade agreement they have been negotiating so far unsuccessfully for almost fifteen years and also warned about the coming EU/US trade talks for a comprehensive accord.
Friday, April 5th 2013 - 07:18 UTC
Argentina strongly protests President Mujica remarks about Nestor and Cristina Kirchner

Uruguayan president José Mujica’s controversial statements caught on an open microphone referred to President Cristina Fernandez and her late husband Nestor Kirchner, triggered a strong response from the Argentine government saying that such comments are “unacceptable, denigrating and offend the memory of a dead person”.
Thursday, April 4th 2013 - 22:24 UTC
“The old lady is worse than the cross-eyed man” says President Mujica

Uruguay’s President Jose Mujica, speaking without realizing a microphone was on, referred to Argentine President Cristina Fernandez de Kirchner as that ‘old lady’ saying she is “worse” than her late husband and predecessor, Nestor Kirchner.
Thursday, April 4th 2013 - 22:20 UTC
“If the Euro is to survive”, centralized banking supervision and unlimited liquidity are crucial

Creating an EU banking union with a centralized supervisory and restructuring board plus telling the European Central Bank to provide unlimited liquidity to maintain the payments system are crucial if the Euro is to survive, according to a leading German economist from the European Bruegel think-tank analyzing the ongoing banking and confidence crisis triggered by Cyprus.
Thursday, April 4th 2013 - 22:15 UTC
Falklands-related protests are common, warns the UK travel advice on Argentina

Most visits to Argentina are trouble-free, but you should keep a close eye on your personal belongings in public places and there have been occasional Falklands-related protests against British interests in Argentina.
Thursday, April 4th 2013 - 22:11 UTC
BoE ready to pump liquidity if first quarter confirms UK back in recession

The Bank of England has decided not to expand its stimulus program of quantitative easing and has also kept interest rates unchanged at 0.5%. The decision had been widely expected, despite concerns over the strength of the UK economy. The rate has been at that level since March 2009.
Thursday, April 4th 2013 - 22:05 UTC
France and Spain rocked by corruption scandals in the political system

French President Francois Hollande has promised sweeping new anti-corruption measures, a day after his former budget minister admitted having had a secret foreign bank account containing hundreds of thousands of Euros.
Thursday, April 4th 2013 - 21:55 UTC
Argentina honours coupon and interest payments on sovereign bonds

Argentina has made on Wednesday a scheduled coupon payment on its 2038 Par bonds and paid interest on its 2015 Boden bonds, the Economy Ministry’s spokeswoman said. Investors are worried Argentina could trigger a technical default if a US appellate court rules against it in a case brought by “holdout” creditors suing for full repayment on bonds in default since 2002.