Stories for June 2012
The European Parliament backed plans to take “high and upper-middle income” countries out of the bloc’s tariff preference system, the House informed on Wednesday following a vote on the issue.
The South Georgia Government has released the report of a reconnaissance trip by two experts from the Norwegian Nature Inspectorate investigating the practicalities of eliminating reindeer from the South Georgia Island.
By MLA Gavin Short (*) - The following piece was published on Wednesday’s edition of The Guardian. Thirty years on from the liberation of the Falklands, a referendum on our political future will send a clear signal to the world
The London-based South Atlantic Council today made a call “for a new understanding of sovereignty” thirty years after the cease-fire that ended hostilities between Britain and Argentina.
Argentine President Cristina Fernandez leaves Wednesday at 19.00 hours for New York where on Thursday afternoon she is scheduled to address the UN Decolonization Committee claiming sovereignty over the Falklands/Malvinas and other South Atlantic Islands as well as demand discussions with the UK over the future of those territories.
On June 7 the Argentine government presented a bill to require debt and new contracts are denominated in pesos, while the government is mulling the de-dollarisation of real estate contracts. This would make real estate purchases even more difficult than they currently are in a country with ever-tightening capital controls.
In an attempt to recover the political initiative and sliding opinion polls Argentine President Cristina Fernández announced the launching of an ambitious housing program aimed at building 400.000 homes in the next four years.
Action to save the Euro is required in “more shortly than three months,” International Monetary Fund Managing Director Christine Lagarde said in an interview to CNN. The IMF chief response came after a reporter pressured the official to access billionaire investor George Soros’ remarks that Euro leaders had three months to save the Euro.
Moody's Investors Service decided to slash the long-term rating of Spanish oil company Repsol after the Argentine government seized 51% stake of Argentina based YPF, formally run by Repsol.
The amount of additional money Brazil plans to contribute to the IMF will depend on commitments to bolster the influence of emerging-market nations at the global lender, a senior Brazilian government official said on Tuesday.