Stories for May 10th 2010
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.