Politics

• Saturday, April 21st 2012 - 03:51 UTC

  Brazil will continue to intervene in support of industry and depressing its currency

  

  Brazilian Finance minister Guido Mantega said on Friday that IMF Managing Director Christine Lagarde makes a mistake in recommending emerging countries not to intervene in the money exchange markets to counter the strong devaluation of currencies from the rich countries.

• Friday, April 20th 2012 - 04:44 UTC

  US fully supports IMF in demanding Argentina submits its stats to IMF for review

  

  The US government considers Argentine is obliged to submit its economic statistics to be validated by the IMF, and Washington will support all efforts from the multilateral organization so that the objective can be achieved.

• Friday, April 20th 2012 - 04:25 UTC

  Malvinas veterans revisit scenes of war where they were tortured by their officers

  

  In the this 30th anniversary year of the armed conflict between British and Argentine forces it is not surprising that we have seen, and will continue to see, increased numbers of veterans from both sides arriving in the Falkland Islands.

• Friday, April 20th 2012 - 00:24 UTC

  Cristina Fernandez “not concerned” about international reaction to YPF takeover

  

  The government of President Cristina Fernandez is “not concerned” about the escalade of international criticism following the announced nationalization of the oil company YPF, and rules “thinking in Argentina not in Spain or the US”, said two cabinet members.

• Thursday, April 19th 2012 - 22:12 UTC

  London mayoral candidate for the British National party is a Uruguayan national

  

  The British National Party confounded expectations by fielding a Uruguayan national, Carlos Cortiglia, as its candidate for London mayor. Mr Cortiglia moved to the UK in 1989 and has lived and worked in London ever since.

• Thursday, April 19th 2012 - 21:21 UTC

  “President Rajoy, in Colombia we don’t expropriate, we welcome foreign investment”

  

  Colombian president Juan Manuel Santos welcomed Spanish corporations and guaranteed his visiting Spanish peer Mariano Rajoy that in Colombia there will be no surprises because the country follows the rules of the game: “President Rajoy: here we don’t expropriate”.

• Thursday, April 19th 2012 - 20:15 UTC

  Spain claims US will actively side “to restore a good climate for investment” in Argentina

  

  Spain will discuss a joint response with the United States to Argentina‘s forced nationalization of the YPF oil company, Spanish Foreign Minister Jose Manuel Garcia-Margallo said on Thursday.

• Thursday, April 19th 2012 - 20:11 UTC

  France’s Total agrees to further increase natural gas production in Argentina

  

  Argentina's government said on Thursday that it had agreed with France's Total to work together to boost natural gas output by 2 million cubic metres per day at two Patagonian fields where YPF – which is being nationalized – also has a stake.

• Thursday, April 19th 2012 - 19:38 UTC

  World Bank and France criticize Argentina’s “mistake” and international law breach

  

  Argentina's move to nationalize local oil company YPF, controlled by Spain's Repsol, was strongly criticized by the World Bank president Robert Zoellick and French Foreign Minister Alain Juppé.

• Thursday, April 19th 2012 - 06:04 UTC

  You build history the way you can, not the way you want, said CFK of YPF takeover

  

  “You build history the way you can, not the way you want”, said Argentine president Cristina Fernandez during an official ceremony in which she referred to the “recovery” of the country’s main oil and gas corporation YPF, in the midst of the dispute with Spain’s Repsol.