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Argentine Foreign Minister: “The G77+China shall present a project on the sovereign debt restructuring”

Foreign Minister Hector Timerman confirmed that on Sept. 9 the G77+China Group shall present before the General Assembly of the United Nations a draft project for a convention on the restructure of sovereign debts. “Because there is a huge legal vacuum that affects the majority of the world´s countries”, the Minister said. In statements to the newspaper Pagina/12, he said that “after judge Thomas Griesa´s r ...

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World Day of ‘Desaparecidos’ — Over 43,000 Cases the Majority Dating Back Decades

30 August 2014 – Stressing that the enforced disappearance of individuals by States constitutes an unacceptable violation of human rights, Secretary-General Ban Ki-moon has declared that the time has come for the end to this “abhorrent” practice. “Enforced disappearance is a practice that cannot be tolerated in the twenty-first century,” Ban said in a message to mark the International Day of the Victims of ...

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Correa Urges to Improve Pensions in Rural Sector

Quito, Aug 29 (Prensa Latina) President Rafael Correa urged today to improve pensions in the rural sector until they match those in the urban sector, and reiterated his government's support to farmers. He explained at the 6th Intercultural Meeting of Rural Social Insurance, running today in the coastal province of Manabi, that the retirement pensions in the cities average 400 USD while in the rural areas th ...

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UN Climate Summit 2014 — Change Is In The Air!

New York, 27 August 2014 — Climate change is not a far-off problem. It is happening now and is having very real consequences on people’s lives. Climate change is disrupting national economies, costing us dearly today and even more tomorrow. But there is a growing recognition that affordable, scalable solutions are available now that will enable us all to leapfrog to cleaner, more resilient economies, the UN ...

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“Nonviolent spaces”

We, from the “Nonviolent spaces” initiative (orientated towards spreading out Silo’s Message and promoting communities self-generation), are organising an on-line campaign for October the 2nd in order to reach trending topic status that same day in various social networks with nonviolence-themed content.   Foto: Rafael Edwards The idea is quite simple: each user should post a selfie picture tagged #diadelan ...

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VULTURE FUNDS: The Central Bank revokes BoNY authorization to operate in Argentina

According to Telam, The Central Bank of the Argentine Republic (BCRA) revoked BoNY (Bank of New York Mellon) authorization to operate in Argentina, based on the fact that payment to the restructured bondholders was not carried out, said the Cabinet Chief, Jorge Capitanich. The decision was taken after BoNY’s non-fulfillment of the contract as Argentina’s trustee. "The representation of the BoNY in Argentina ...

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Breakthroughs and Hurdles in Colombia’s Peace Talks

Analysis by Constanza Vieira BOGOTA, Aug 25 2014 (IPS) - Three major advances were made over the last week in the peace talks that have been moving forward in Cuba for nearly two years between the Colombian government and the FARC guerrillas, while the decades-old civil war rages on. On Saturday Aug. 16, a group of relatives of victims of both sides met face-to-face in the Cuban capital. It was the first ti ...

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Julian Assange”s Defense Team Demands UN Intervention

Quito, Aug 21 (Prensa Latina) The defense team of the Australian computer expert and journalist Julian Assange is demanding UN intervention in the case, announced his lawyer, the Spanish jurist Baltasar Garzón, in a statement released today to the local press. During a visit to Guatemala to participate in the Fifth Esquipulas Forum (aimed at promoting the development of Central America), Garzón said he was ...

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Cry for Argentina: Fiscal Mismanagement, Odious Debt or Pillage?

Analysis by Ellen Brown SONOMA, California, Aug 14 2014 (IPS) - Argentina has now taken the U.S. to The Hague for blocking the country’s 2005 settlement with the bulk of its creditors. The issue underscores the need for an international mechanism for nations to go bankrupt. Better yet would be a sustainable global monetary scheme that avoids the need for sovereign bankruptcy. Better than redesigning the sov ...

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Vulture Funds v Argentina: The Guardian asserts that Obama could put a stop to Griesa’s ruling

The important British newspaper The Guardian held that the President of the United States has the Constitutional power of reverting the ruling of New York Judge Thomas Griesa, on the basis that it interferes with his foreign policy. Telam The story, signed by journalist Greg Palast, a specialist on vulture funds, refers to a clause of the U.S. Constitution known as the “Separation of Powers”, which allows t ...

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