Stories for March 22nd 2012

Thursday, March 22nd 2012 - 22:10 UTC

Argentina warns UK and US market regulators about ‘illicit’ oil activities in the Falklands

Foreign Secretary Timerman sent the letters to London and New York last Monday

Argentina has asked British and US market regulators to probe whether oil companies that are involved in hydrocarbons exploration off the disputed Falklands/Malvinas Islands have told investors about the risks of their “illicit” drilling, the Argentine Foreign Ministry reported.

Thursday, March 22nd 2012 - 21:48 UTC

World health organization supports Australia in its clash with the tobacco industry

Margaret Chan urged the world to “stand shoulder to shoulder” against the tobacco industry

The World Health Organization, WHO, Director-General Margaret Chan urged the world to “stand shoulder to shoulder” against the tobacco industry’s attempts to overturn Australia’s new path breaking tobacco control law.

Thursday, March 22nd 2012 - 21:34 UTC

Jaguar Land Rover plant in China, which is now third global market for the brand

JLR Chief Executive Officer Ralf Speth

Jaguar Land Rover (JLR) has finalized a joint venture agreement with Chery Automobile Co to manufacture and sell vehicles in China, the two companies said, as the luxury British brands look for further growth in the world's largest car market.

Thursday, March 22nd 2012 - 21:23 UTC

Peru ministers disagree and public opinion divided on HMS Montrose incident

Foreign Affairs minister Roncagliolo could face a ‘no confidence’ vote

Peruvian ministers openly disagreed over the recent decision to turn back the Royal Navy’s HMS Montrose, in solidarity with Argentina and its sovereignty claims over the Falklands/Malvinas Islands.

Thursday, March 22nd 2012 - 06:58 UTC

Developing countries nominate top candidates for the World Bank presidency

Jose Antonio Ocampo, Colombian former Finance minister and a recognizesd economist

The US is under intense pressure to nominate a top candidate for the World Bank presidency after developing countries put forward two credible contenders of their own.

Thursday, March 22nd 2012 - 02:02 UTC

Protesting Malvinas veterans occupy emblematic former “Tower of the English”

The veterans are demanding similar consideration to those who effectively saw combat or were deployed in the Falklands

Argentine former soldiers deployed to Patagonia during the Malvinas War decided to occupy the Torre Monumental (formerly know as the “Torre de los Ingleses”, or Tower of the English) in Retiro, as they continue with their claim for official recognition of their “war veteran status.”

Thursday, March 22nd 2012 - 01:55 UTC

Argentine government and YPF can’t agree on the future of the oil company

Axel Kicillof said there are no guarantees that the company will reinvest and that shares dollars won’t flee from Argentina

Argentina and Repsol-YPF oil corporation again clashed on Wednesday over the future of the Spanish owned company while members of President Cristina Fernandez administration said measures “can not be discarded” thus re-launching fears about further government actions.

Thursday, March 22nd 2012 - 01:46 UTC

China announces more purchases of soybean during the first half of the year

Soy bean prices rebounded following Beijing’s announcement

Chinese State of Administration of Grains revealed that the world's top buyer of soybeans is on course to import 25% more in the first half of this year than the first six months of 2011, which will benefit major producers Argentina, Brazil and US.

Thursday, March 22nd 2012 - 01:39 UTC

Truman Capote home in Brooklyn Heights sells for 12.5 million dollars

Capote wrote his famous fiction novel “In cold blood” in the house

The Brooklyn Heights mansion in New York belonging to writer Truman Capote was sold in 12.5 million dollars to the creator of the successful “Grand Theft Auto” videogame, according to the New York Observer.

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