Stories for July 24th 2012

Tuesday, July 24th 2012 - 15:27 UTC

UK reaffirms sovereignty over Gibraltar territorial waters following incident with the Guardia Civil

David Lidington said he is “shocked by the disgraceful behaviour of the Spanish Guardia Civil”

The UK reaffirmed sovereignty over Gibraltar and Gibraltar territorial waters following an incident with the Spanish Guardia Civil which detained two Gibraltar British Nationals in British jurisdiction and transferred them to Spain.

Tuesday, July 24th 2012 - 06:40 UTC

The only ‘coup’ was including Venezuela in Mercosur with Paraguay suspended

President Franco argues Mercosur has recognized his administration

Paraguayan president Federico Franco said on Monday that the only coup, if that is the word, was implemented by Mercosur from the moment they left Paraguay out of the decision to incorporate Venezuela as a full member of the group.

Tuesday, July 24th 2012 - 06:33 UTC

Latinamerica has 15.100 ultra-rich; Brazil leads with 4.725 and 890 billion dollars

In Brazil 50 people have net assets of over a billion dollars

Latinamerica has 15.100 super rich (8% of the world total) according to the latest World Report on the Ultra Rich 2011/12 from Wealth-X. Super rich is defined as a person with net assets over 24.4 million Euros (30 million dollars).

Tuesday, July 24th 2012 - 06:31 UTC

Uruguay raises banks’ reserves requirements to help bring down inflation

Central bank president Mario Bergara

Uruguay's central bank said on Monday it will raise marginal reserve requirements on local and foreign currency deposits from Aug. 1 as part of its efforts to bring inflation within the official target range.

Tuesday, July 24th 2012 - 06:26 UTC

Euro down to lowest in 11 years as Spain crumbles and investors flee

Spain and Italy banned all short-selling of stocks

The Euro weakened to the lowest in more than 11 years against the Yen as investors sought safer assets amid mounting concern that European leaders are failing to control the region’s debt crisis.

Tuesday, July 24th 2012 - 06:18 UTC

Brazil prepares new stimuli measures geared to infrastructure and manufacturing

Concessions of over saturated sea ports and airports figures high in the list

Brazil's government may ease its primary surplus target next year to create room to carry out additional tax cuts to boost growth, Folha de S. Paulo newspaper reported Monday.

Tuesday, July 24th 2012 - 06:15 UTC

Humala dumps hardliners, names new ‘soft hand’ cabinet to calm anti-mining protests

The Peruvian president is trying to convince indigenous people to accept the 5 billion dollars Conga project

President Ollanta Humala named human rights lawyer Juan Jimenez prime minister on Monday as the Peruvian leader shuffled his cabinet to calm a wave of violent anti-mining protests and a drop in his popularity.

Tuesday, July 24th 2012 - 06:08 UTC

Chile to request Havana details of the car accident in which Cuban dissident died

Oswaldo Payá, one of the most outstanding Cuban dissidents

Chile will request from Cuba all the information on the death of opposition leader Oswaldo Payá who according to the Havana government died in a car accident, something with the Chilean authorities wants to corroborate to “complete certainty”.

Tuesday, July 24th 2012 - 06:02 UTC

Researchers test with GPS-sheep how they react and flock to avoid predators

As the dog approaches the sheep began to clump towards the centre of the group

Instead of fleeing randomly when faced with a predator, sheep attempt to bury themselves within their flock, new UK research has shown. The theory that animals moving in groups retreat towards the centre of their flocks if a predator appears, have been tested in the past.

Tuesday, July 24th 2012 - 01:59 UTC

Chilean ruling coalition blocks in Congress report on profiteering of education institutions

Student leader Camila Vallejo claimed “mafia practices” on government Deputies

Chilean student leaders and opposition politicians vowed to protest last week’s ruling by the Chamber of Deputies to reject the findings of a report on the profiteering of education institutions in the country. The controversial subject matter was decided by a razor-thin margin, with 46 in favour, 45 against and one abstention.

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