Stories for June 2012

Tuesday, June 12th 2012 - 08:25 UTC

Argentine president son recovering from knee surgery; mother next to him

Maximo Kirchner had to be helped on board by bodyguards because of the very painful septic arthritis

Máximo Kirchner, 36, son of the President Cristina Fernández de Kirchner, is recovering from cleansing minor surgery for a septic arthritis of his right knee after he was hospitalized in the early hours of Monday at the Austral Hospital in the Greater Buenos Aires.

Tuesday, June 12th 2012 - 08:19 UTC

“The more restrictions on the US dollar, the more people distrust the Argentine peso”

Domingo Cavallo was Economy minister of Carlos Menem and Fernando De la Rúa

Argentine former economy minister Domingo Cavallo assured that had the restrictions to buy US currency not been applied by the local Government “people would be flocking to buy dollars.”

Monday, June 11th 2012 - 20:23 UTC

Earl of Wessex and wife begin Diamond Jubilee visit to Gibraltar

The Queen’s youngest son is cheered by the Gib crowd (Photo by Gibnews.net)

On Monday 11th June 2012 Her Majesty the Queen's youngest son, Edward, The Earl of Wessex, accompanied by his wife Sophie, the Countess of Wessex arrived on board the British Airways scheduled flight at 11.50 at Gibraltar International Airport.

Monday, June 11th 2012 - 20:09 UTC

Stiglitz negative about Spanish bail-out, calls it “voodoo economics”

The Nobel-prize winning economist is a long-standing critic of austerity packages

The plan to lend money to Spain to heal some of its banks may not work because the government and the country's lenders will in effect be propping each other up, Nobel Prize-winning economist Joseph Stiglitz said.

Monday, June 11th 2012 - 19:54 UTC

Debate confirms front runner Peña Nieto as most probable next Mexican president

The 45 year old State of Mexico former governor could also mean the return of PRI which ruled the country until 2000

Mexico's presidential front-runner Enrique Peña Nieto emerged largely unscathed in a televised debate on Sunday night after his adversaries failed to take advantage of an increase in opposition to his bid.

Monday, June 11th 2012 - 19:44 UTC

China cuts retail gasoline prices 5.5% to reflect cheaper oil and boost the economy

The decrease is equivalent to 24 US cents per gallon (Photo: Xinhua)

China, the world's second-biggest oil user, will reduce gasoline and diesel prices by the most since 2008 after global crude costs slumped. State-controlled retail gasoline prices will fall by 530 Yuan (83 dollars) a metric ton and diesel will be cut by 510 Yuan, the National Development and Reform Commission, NDRC, the nation's top economic planner, said on its website last week.

Monday, June 11th 2012 - 19:23 UTC

Extended blooming phytoplankton discovered under thinning Arctic ice cap

Paula Bontempi, NASA's ocean biology and biogeochemistry program manager

Scientists have made a biological discovery in Arctic Ocean waters as dramatic and unexpected as finding a rainforest in the middle of a desert. A NASA-sponsored expedition punched through three-foot thick sea ice to find waters richer in microscopic marine plants, essential to all sea life, than any other ocean region on Earth.

Monday, June 11th 2012 - 18:54 UTC

Principles of freedom and self determination for the Falklands remain as vital now as in 1982

Jeremy Browne, Minister of State, Foreign Office

Foreign Minister Jeremy Browne begins this Monday a four day visit to the Falkland Islands, the thirtieth anniversary of the conclusion of the South Atlantic conflict and in a brief message pointed out that thirty years after the conflict the Falklands’ people are being forced to defend themselves once more this time from “the policies of coercion and intimidation” by the current Argentine government.

Monday, June 11th 2012 - 05:47 UTC

Opinion poll shows support for Cristina Fernandez sliding significantly

Argentines are concerned with the economic situation and prospects

The image of Argentine president Cristina Fernandez and the approval of her government have fallen significantly in June compared to last October when she was re-elected for a second four year mandate.

Monday, June 11th 2012 - 05:38 UTC

Bolivia’s Morales nationalizes zinc and tin mines licensed to Swiss group

Minister of the Presidency, Juan Ramon Quintana, making the announcement

Bolivia announced on Sunday the nationalization of the mining company Colquiri to the west of the country and which belongs to the Swiss group Glencore. The announcement by Minister of the Presidency, Juan Ramon Quintana, followed a meeting with the mining unions and the villages from Colquiri region.

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