Stories for May 10th 2010

Monday, May 10th 2010 - 20:38 UTC

Falklands Government to Take Stronger Stance at UN Meeting in June

The Falkland Islands Government intend to take a, “stronger and more productive stance” at next month’s UN meeting in New York of the United Nations ‘Special Committee of 24’ on decolonisation.

Monday, May 10th 2010 - 18:44 UTC

Falklands’ Oil Discovery Announcement Has Rockhopper Shares up 32% Monday

The oil exploration rig “Ocean Guardian” operating in Falklands waters

Shares in Rockhopper Exploration (LON:RKH) soared by 32% on Monday morning, after the latest results of its Sea Lion oil discovery in the Falkland Islands suggested a good quality reservoir.

Monday, May 10th 2010 - 18:38 UTC

Chile Embroiled in Whaling Conservation Controversy

Cristian Maquieira is IWC chairman but is also an active Chilean ambassador

Chilean Foreign Minister, Alfredo Moreno, said that Chile will maintain a position “in favour of conservation and against whaling,” and that Chilean Ambassador Cristián Maquieira, though he now chairs the International Whaling Commission, “is not the person who represents Chile” in this forum.

Monday, May 10th 2010 - 18:19 UTC

Brazilian Contract for Jet Fighters, Another Chip in the EU/Mercosur Trade Talks

French resistance to negotiations could yield to the 6.5 billion USD contract

French resistance to the resumption of Mercosur European Union trade talks caused great disappointment among the block’s members, but Brazil believes it has a strong bargaining chip for a greater opening of the European agriculture market: the several billions US dollars fighter planes contract for the Brazilian Air Force.

Monday, May 10th 2010 - 05:45 UTC

Serra Wants Mercosur With Member Vote Linked to GDP and Population

The opposition candidate happy with Chavez support for Dilma Rousseff

Leading Brazilian presidential candidate José Serra said it was “very good” for his campaign that Venezuela’s leader Hugo Chávez should openly support his main competitor incumbent hopeful Dilma Rousseff and again warned about the shortcomings of Mercosur.

Monday, May 10th 2010 - 05:38 UTC

Cameron Inching Closer to 10 Downing, but Minority Government an Option

Lib Dem Nick Clegg wants strong commitment on reforming electoral system

Negotiators for Conservative David Cameron and Liberal Democrat Nick Clegg completed their third session in search of a deal to form a new British government as they faced pressure to reassure investors over political stability.

Monday, May 10th 2010 - 05:35 UTC

EU Reacts and Unveils Package of 962 Billion US Dollars to Bolster the Euro

The first global reactions in Japan have been positive for the Euro

European leaders unveiled an unprecedented loan package worth almost one trillion US dollars and a program of bond purchases in an attempt to bolster the Euro that has become highly vulnerable because of the Greek sovereign-debt crisis.

Monday, May 10th 2010 - 03:39 UTC

UNASUR Agrees to Boost Defense Expenditure Transparency

Military display in the past was usually more than dissuasion

The Union of South American Nations (UNASUR) agreed over the week end to boost defence expending transparency to ensure regional stability which, according to Venezuela, Bolivia and Ecuador is threatened by a controversial military agreement between United States and Colombia.

Monday, May 10th 2010 - 03:36 UTC

Falklands Attends Commonwealth Parliamentary Association Conference

Legislative Assembly member Sharon Halford

Legislative Assembly member Sharon Halford is attending the annual British Islands and Mediterranean Regional Conference of the Commonwealth Parliamentary Association in the Isle of Man which opens Monday until May 14.

Monday, May 10th 2010 - 03:33 UTC

Greek Crisis Costs Germany’s Coalition Control of Parliament Upper House

Bad Sunday for Chancellor Angela Merkel

German Chancellor Angela Merkel's party and its coalition allies have been defeated in regional elections in North Rhine-Westphalia, projections suggest. If confirmed, this would see Ms. Merkel's national coalition lose its slim majority in the upper house of parliament, the Bundesrat.

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