Stories for July 18th 2012
HMS Dauntless in South Africa; will pay courtesy visit to the Falklands
The Royal Navy’s Daring class Type 45 destroyer HMS Dauntless is in Cape Town, mid-way through her six-month deployment to the Falklands relieving HMS Montrose according to British defence news.
Former Chilean president father alleged torturers formally charged with his death
Chile charged two former officers in Augusto Pinochet's military dictatorship with being the “co-authors” of the torture that killed the father of former president Michelle Bachelet.
Geithner defends US response during the 2008 Libor-rate credibility slump
US Treasury Secretary Timothy Geithner defended his response in 2008 to concerns that emerged over the benchmark Libor interest rate, arguing on Wednesday that US regulators pushed early and forcefully for reforms.
ECB warns Euro countries will have to yield fiscal, debt and economic policy sovereignty
The Euro zone will have to get powers to limit the debt issuance of its members, intervene in national budgets and change national policies to build a deeper economic union, ECB Executive Board Member Joerg Asmussen said.
Mercosur tribunal will rule on Paraguay’s appeal questioning suspension
Mercosur Review Standing Tribunal admitted the demand presented by the government of President Federico Franco against the suspension of Paraguay and thus object the incorporation of Venenzuela as full member of the regional block
Chavez announces fund in support of Venezuelan business to export to Mercosur
Venezuelan president Hugo Chavez announced the creation of a strategic fund geared to support public and private exports to Mercosur, following his confirmation that he will fly to Brazil for the formal incorporation of his country as a full member of the block that also includes Argentina, Brazil, Uruguay and suspended Paraguay.
Argentina will attend Ibero-American summit next November in Spain
Argentina will be attending the Ibero-American Summit to be held November 16/17 in the Spanish city of Cadiz confirmed the International Cooperation Secretary of State for Ibero-America, Jesús Gracia Aldaz.
Brazil’s nominee for securities regulator chosen from the private sector
Leonardo Gomes Pereira, the chief financial officer of Brazilian airline Gol Linhas Aereas was nominated on Tuesday to head the country's securities regulator, in an unexpected pick outside the institution. Finance Minister Guido Mantega nominated Pereira to head the regulator, the CVM, the ministry said in a statement.
Penguins washed up along south Brazil died of natural causes, say scientists
Researchers at the Brazilian Center for Coastal Studies at the Federal University of Rio Grande do Sul in southern Brazil believe that 745 penguins found washed up along the state's coastline since June 15 have died of natural causes.
Argentina’s industrial production in May slumped 5.1%, says Industrial Union
Argentina's industrial production in May slumped 5.1% from a year earlier due to a sharp slowdown in the automotive, non-metal minerals and base metals sectors, manufacturer chamber UIA said in its monthly report Tuesday.
