Stories for April 16th 2010

Friday, April 16th 2010 - 23:40 UTC

US regulator accuses Goldman Sachs of defrauding investors

The claim sent shares tumbling 12%

Goldman Sachs, the Wall Street powerhouse, has been accused of defrauding investors by United States’ financial regulator. The Securities and Exchange Commission (SEC) alleges that Goldman failed to disclose conflicts of interest.

Friday, April 16th 2010 - 10:04 UTC

Falklands: Rockhopper Exploration spuds Sea Lion

Ocean Guardian rig

Rockhopper Exploration (AIM: RKH) has spudded its 100% owned Sea Lion 14/10-B exploration well in the Licence PL032 in the North Falkland Basin. Once drilling is complete, Sea Lion’s results will be eagerly anticipated among investors following the prospective Falkland oil and gas play.

Friday, April 16th 2010 - 09:38 UTC

Outsider Clegg judged winner in first UK TV debate

Nick Clegg, a rank outsider to become Britain's next prime minister, upstaged the two main candidates in an unprecedented televised debate, according to snap polls of viewers.

Nick Clegg, a rank outsider to become Britain's next prime minister, upstaged the two main candidates in an unprecedented televised debate on Thursday, according to snap polls of viewers.

Friday, April 16th 2010 - 04:31 UTC

Falkland Islands: First loligo season of the year the ‘best since 2000’

Crewmen on board the New Polar, jointly owned by Seaview and Polar Ltd, loading catches of loligo

FISHING companies are celebrating the best loligo season for ten years, with catches over the past seven weeks exceeding 28,000 tonnes.

Friday, April 16th 2010 - 04:17 UTC

Argentine bonds’ swap could not be sufficient, warn anks

Charles Dallare, IIF CEO demands “transparency and good faith negotiations” with creditors

In spite of Argentine authorities optimism regarding the 20 billion USD bonds’ swap launched on Thursday the Institute of International Finance, (IIF), warned that the initiative could be insufficient to re-establish the country’s full access to voluntary money markets.

Friday, April 16th 2010 - 04:15 UTC

Pluna places order for three extra Bombardier CRJ900 totalling a fleet of ten

The CRJ900 with Pluna’s colours in Carrasco Airport, Montevideo

Canada’s Bombardier Aerospace announced Thursday that Pluna Lineas Aereas Uruguayas S.A. has signed a follow-on firm order for three CRJ900 NextGen regional jets and has taken options on an additional six CRJ900 NextGen aircraft.

Friday, April 16th 2010 - 04:09 UTC

Argentina launches defaulted bonds swap with a 66.3% discount

Economy minister Amado Boudou

Argentina offered new bonds to holders of 20 billion US dollars of sovereign debt left out of an earlier settlement, seeking to end a nine-year default and regain access to international capital markets.

Friday, April 16th 2010 - 04:02 UTC

Iceland volcano ashes cause massive flights disruption across Europe

Flights across much of Europe are being cancelled on a second day of massive disruption caused by drifting ash ejected from a volcano in Iceland. Hundreds of thousands of passengers are affected and severe disruption could extend into the weekend, including on flights to North America and Asia.

Friday, April 16th 2010 - 03:58 UTC

Shrimp vessels to be ordered to use selectivity devices

Shrimp vessels will have to use special selectivity kits that limit the catch of juvenile hake

The subsecretary of Argentine Fisheries and Aquaculture, Norberto Yauhar, is planning to urgently implement measures to conserve the population of hake (Merluccius hubbsi) juveniles in the north Patagonian breeding ground.

Friday, April 16th 2010 - 03:41 UTC

High-level corruption, not a few dissidents, is the main threat to communist Cuba

Renowned Cuban historian Esteban Morales warned about a repeat of the “Russian oligarchs” following the demise of the revolution

Corruption at the highest levels of government - not the meddling of a small band of dissidents - is the greatest threat to Cuba's communist system, a leading academic said in a highly unusual opinion posted Thursday on a state Web site.

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