Stories for April 28th 2012
Falklands’ budget enjoys additional surplus boosted by the oil industry
The Falkland Islands oil industry has contributed with an unexpected addition of £9.2M to the Falkland Islands Government (FIG) budget in the first nine months of the financial year 2011/12, reported the Islands government Standing Finance Committee.
In a massive rally CFK reaffirms YPF seizure and thanks the opposition’s support
Argentine President Cristina Fernandez in a massive political rally on Friday defended her policy to seize YPF from Spain’s Repsol, thanked the opposition for their legislative support and called on the new generations to defend the “historic legacy”.
Argentine imports’ policy again accused of protectionism at a WTO committee
Argentina was accused once more of “protectionism” at the meeting of the Imports License Committee of the World Trade Organization (WTO) in what can lead to a trade dispute with forty countries.
Spain faces a “crisis of huge proportion” with “terrible figures”
Spain's sickly economy faces a “crisis of huge proportions” said Foreign Minister Jose Manuel Garcia-Margallo as unemployment hit its highest level in two decades and Standard and Poor's weighed in with a two-notch downgrade of the government's debt.
Forty countries worldwide celebrated Malbec Day, Argentina’s emblematic grape and wine
Wine enthusiasts across the globe gathered to celebrate World Malbec Day, a great opportunity for novices and connoisseurs alike to sample some of Argentina’s flagship varietal.
Brazil leading mining corporation reassessing its long term iron-ore reserves
Brazilian leading mining company Vale SA is “facing one of the toughest periods in our history as far as reserves are concerned,” a company executive said Thursday.
Brazil will increase military presence in the Amazon to protect natural resources
Brazil will boost its military presence in the Amazon region to protect its huge natural resources from any external threat, Defence Minister Celso Amorim told the Senate on Thursday.
Mexico sets ground-breaking global benchmark on tacking deforestation
By MP Barry Gardiner and Ignacio Pichardo (*) - Below the global radar, a major victory was secured in Mexico on Tuesday 24th April in the world-wide battle to prevent deforestation and forest degradation, which are collectively the world's second largest sources of greenhouse emissions.
