Stories for January 25th 2012
UK says Falklands’ self determination is a universal right enshrined in UN charter
The UK will not negotiate the Falklands/Malvinas Islands sovereignty “until the Islander so wish to” said on Wednesday a spokesperson from the Foreign Office.
Argentina’s policy of isolating and intimidating the Falklands reaches the EU
The Falkland Islands urged the EU Commission to ensure that the rights of citizens of Overseas Counties and Territories are not compromised in relations with countries and regional bodies.
Chile the most globalized economy in Latin America, says Ernst & Young
Chile has emerged as the most globalized economy in Latin America and moved up to 25th place in the world, according to global consulting firm Ernst & Young. Chile is among the countries to improve their position despite global economic uncertainty, the firm’s annual Globalization Index found.
Automatic registration in Chile incorporates 4.5 million new, mostly young voters
With President Sebastián Piñera signature at a ceremony in the Presidential Palace, Chile joined a community of nations in which all eligible voters are automatically registered to vote.
Merkel asks business leaders to give policy makers “needed space” to tackle Euro crisis
German Chancellor Angela Merkel appealed to business leaders at the World Economic Forum to give policy makers the space they need to tackle the debt crisis, pledging that Europe will pull together and restore confidence.
Tapes confirm Costa Concordia told by managers to steam close to the shore when the accident
The captain of the doomed Italian liner Costa Concordia said he was told by managers to take his ship close in to shore on the night it ran aground and capsized, according to bugged conversations leaked in Italian newspapers.
Greek “negotiated haircut” may need to be extended to public sector creditors warns Lagarde
Greece's public sector creditors may need to participate in a restructuring of its debt if a haircut negotiated with private sector bondholders is not enough to make Athens' debt sustainable, IMF Managing Director Christine Lagarde said.
Gibraltar “joke time over” Spanish minister tells Foreign Secretary Hague
“This joke is over” Jose Garcia-Margallo, Spanish Foreign Minister told his British counterpart William Hague this week regarding the Gibraltar sovereignty dispute.
Greek sovereign debt following “footsteps of Argentina’s 2002 disorderly default”
Greece's sovereign debt restructuring appears to be following the footsteps of Argentina's disorderly debt default of 2002, a creditor that is participating in the negotiations warned this week.
Inflation haunts Argentine government and organized labour relations
All bridges with the government are not broken, said a representative from Argentina’s powerful organized labour adding he expected relations will improve since both union and business leaders “know how far they can go” when it comes to collective bargaining.
