Politics

• Monday, July 9th 2012 - 05:28 UTC

  RAF renewing air transport fleet: in 2014 begins incorporation of A400M Atlas

  

  The Royal Air Force next generation military transport aircraft has been officially named as Atlas. The aircraft, which has until now been known as the A400M, will replace the RAF’s existing C130 Hercules fleet and along with the Voyager and C-17 will provide the UK military’s future air transport force.

• Monday, July 9th 2012 - 05:23 UTC

  The illustrious VC-10, crucial for the Falklands retires from service in early 2013

  

  The illustrious VC-10, flown by 101 Squadron based at RAF Brize Norton, made its final air show appearance at the Royal International Air Tattoo (RIAT) before it retires from Service early in 2013.

• Sunday, July 8th 2012 - 21:11 UTC

  Chile and Brazil lead the Global Innovation index in the region

  

  An international study released this week ranked Chile first among Latin American countries on the Global Innovation Index (GII), though Chile received mediocre scores in the area of education.

• Saturday, July 7th 2012 - 05:27 UTC

  Brazil June inflation lowest in two years helped with temporary tax breaks

  

  Brazil’s inflation slowed to its lowest in almost two years on temporary tax breaks for autos, paving the way for more interest rate cuts as the government tries to revive economic growth.

• Saturday, July 7th 2012 - 05:18 UTC

  Chile sets out its defence strategy targets emphasizing global cooperation

  

  The Chilean government released its new 2012-2024 National Defence and Security Strategy (ENSYD) this week which promises to address “new threats” to Chilean security in an international context.

• Saturday, July 7th 2012 - 05:15 UTC

  Argentina ends double taxing treaty with Chile which was running since 1976

  

  Chilean Foreign Minister Alfredo Moreno regretted Argentina’s decision to end a double taxing agreement which was running since 1976 and exempts Chileans and Argentines making business in the neighbouring country from paying taxes as long as they are already contributors at home.

• Saturday, July 7th 2012 - 05:12 UTC

  Euro crisis “the greatest external economic risk” for Latinamerican growth

  

  The Euro crisis is the “greatest external economic risk” for Latinamerica warned the Inter American Development Bank Luis Alberto Moreno who nevertheless said he was convinced the world with end acknowledging the efforts from the European Union and Spain.

• Saturday, July 7th 2012 - 01:57 UTC

  Relief for Humala: major Army victory over Shinning Path, dilutes anti-mining violence

  

  Peruvian police captured 11 Shining Path rebels and freed 10 children thought to be in combat training, President Ollanta Humala said on Friday after a string of military setbacks and a week of anti-mining violence.

• Saturday, July 7th 2012 - 01:18 UTC

  Faulty sensors and inadequate pilot training caused Air France Flight 447 tragedy

  

  French investigators say faulty sensors and inadequate pilot training caused Air France's Rio-to-Paris 447 flight to crash into the Atlantic in 2009. Their final report caps a bitter row between the airline and Airbus.

• Saturday, July 7th 2012 - 00:35 UTC

  Argentine central bank announces “pesification” of real estate operations

  

  Following the official new curbs on US dollar purchasing for savers, the head of the Argentine Central Bank Mercedes Marcó del Pont came on stage to defend the measure and anticipate that operations in the real estate market will have to be done in Argentine Pesos.