Stories for June 2012

Tuesday, June 26th 2012 - 09:37 UTC

HMS Protector sailor/airman wins prestigious photography competition

Taking the plunge: A navy diver leaps from an iceberg near the Antarctic Peninsula, while a colleague looks on (Photo: Arron Hoare/MoD)

A crewman aboard the British Royal Navy’s Antarctic patrol ship, HMS Protector, has won a prestigious military photographic competition, the Peregrine Trophy.

Tuesday, June 26th 2012 - 06:32 UTC

Argentina/China sign a raft of agreements to boost trade and investment

Wen Jiabao visit coincided with the fortieth anniversary of the establishment of diplomatic ties

Argentina signed with China a raft of mostly farm-related agreements at a ceremony on Monday in Buenos Aires attended by Chinese Premier Wen Jiabao and his Argentine president Cristina Fernandez.

Tuesday, June 26th 2012 - 06:25 UTC

US Supreme Court rules in favour of Argentina and unfreezes funds

The disputed deposits have been at the US Federal Reserve Bank in New York since 2006

The US Supreme Court on Monday rejected an appeal by two US investment funds that seek to seize 105 million dollars of Argentina's central bank deposits in New York to satisfy their claims from the country's huge debt default a decade ago.

Tuesday, June 26th 2012 - 06:14 UTC

Argentine major gas field remains blocked by striking workers that rampaged control offices

The flow of gas is “precarious” warned the company

American Energy said on Monday it has been unable to regain access to a strategically important oil and gas field it operates in Argentina's Chubut Province because protesters are blocking the roads leading to it.

Tuesday, June 26th 2012 - 04:36 UTC

Bolivian police sixth day of mutiny: clashes between Morales supporters and strikers

President Morales accuses the opposition of plotting a coup with the help of the mutinous police

Rebel police clashed with pro-government supporters Monday outside Bolivia's presidential palace in the capital La Paz on the sixth day of a mutiny demanding better pay.

Tuesday, June 26th 2012 - 04:30 UTC

Moody’s confirms Spanish banks on the cliff burdened by souring real-estate loans

Geographically diversified Santander had its long-term debt rating cut to Baa2 from A3

Spain largest lenders, Santander SA and Banco Bilbao Vizcaya Argentaria SA were downgraded by Moody’s rating agency because of the country’s sovereign debt and souring real-estate loans.

Tuesday, June 26th 2012 - 04:13 UTC

Mexican presidential front-runner ten points ahead for next Sunday’s election

Peña Nieto, “I’m part of a generation that grew up in democracy”

Mexican presidential front-runner Enrique Peña Nieto filled most of Latin America’s largest soccer stadium on Sunday for his last rally in the capital before the July 1 election, pledging to root out drug violence.

Tuesday, June 26th 2012 - 03:54 UTC

Arizona immigration law pruned but police can check status of “suspected illegals”

Justice Kennedy wrote for the majority, a state may not pursue policies that undermine federal law (Photo: AP)

The U.S. Supreme Court scaled back Arizona’s first-of-its-kind crackdown on illegal immigrants, striking down three provisions in a decision that asserts the federal government’s exclusive role to set immigration policy.

Tuesday, June 26th 2012 - 03:49 UTC

Major change in Petrobras exploration policy looking to diversity from two main basins

Production goal of 6.4 million bpd in 2020 was lowered to 5.7 million bpd

Brazil’s Petrobras which has become the world’s biggest deepwater oil producer is looking past its largest discoveries to avoid a fate similar to Mexico, where output has plummeted 25% since 2004.

Tuesday, June 26th 2012 - 01:36 UTC

Uruguay will not support any kind of economic sanctions on Paraguay

At the end of the day it’s the people who suffer, said President Mujica

Uruguayan president Jose Mujica rejected on Monday the possibility of applying economic sanctions on Paraguay following on the “parliamentary coup” as was announced by Venezuela which decided to cut the supply of subsidized oil.

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