Politics

• Saturday, April 21st 2012 - 06:44 UTC

  Petrobras promises to expand and increase investments in Argentina

  

  Brazil’s President Dilma Rousseff following a meeting with an Argentine delegation from the energy sector ratified her country’s decision to “strengthen the investment and the presence of the oil company, Petrobras, in Argentina”.

• Saturday, April 21st 2012 - 05:19 UTC

  Argentine import restrictions trigger protests from port of Buenos Aires workers

  

  Freight truckers and customs’ brokers’ staff paralyzed the Buenos Aires port five terminals for a second day running to protest restrictions on import trade recently implemented, which has caused a collapse in port activities and thus jobs.

• Saturday, April 21st 2012 - 04:14 UTC

  In France it’s Hollande or Sarkozy, but eyes are set on hard left/right votes

  

  Socialist presidential frontrunner Francois Hollande appealed to French voters to throw out conservative Nicolas Sarkozy and shun the far right in a final push for working-class votes before Sunday's first round of the election.

• Saturday, April 21st 2012 - 04:03 UTC

  Argentina minimizes impact of Spain’s first retaliatory measures

  

  Argentine President Cristina Fernández minimized Spain’s decision to reduce the bio-diesel imports as a retaliation over the expropriation of YPF and called for “calm” after assuring that Argentina “is in condition to absorb” that production in the domestic market.

• Saturday, April 21st 2012 - 03:56 UTC

  IMF says YPF dispute is a “bilateral affair” and decision of “a sovereign nation”

  

  Argentina managed a first point in the diplomatic dispute with Spain over the nationalization of YPF when the IMF decided to call the conflict a “bilateral affair” and “a decision of a sovereign nation”.

• 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.