Stories for August 23rd 2012
Company confirms abundant gas condensate in south Falklands and prepares new drilling program
Shares in Borders and Southern soared almost 20% on Thursday as the company revealed positive findings from the analysis of condensate fluids from its Darwin discovery well in the south of the Falkland Islands where it plans to continue appraisal drilling in 2014.
Argentina promulgates tax data exchange bill, but Uruguay still has to vote it
The Argentine government on Wednesday promulgated the tax agreement reached with Uruguay geared to lower fiscal evasion and elusion plus avoiding double taxing for residents from the neighbouring countries.
Argentina/US trade conflict escalates following Argüello claims and strong reply from Washington
The current war of words over trade barriers going on between the US and Argentina further escalated tensions on Wednesday as Argentine Ambassador to the US Jorge Argüello highlighted: “the United States has been reported for a number of trade law violations.”
Animal welfare demand inquiry into death of 400 pregnant heifers en route to Russia
The Animal Welfare Institute (AWI) and Compassion in World Farming are calling on the US Department of Agriculture (USDA) to take immediate action following reports that 400 pregnant cattle among a total of 3,900 cattle being transported by ship from the United States to Russia have died en route.
Chile’s 2013 budget based on 5% growth and copper at 3.06 dollars the pound
Chile is planning a 2013 budget with a tendency growth of 5% and an average long term basic copper price of 3.06 dollars the pound revealed finance minister Felipe Larraín together with Rosanna Costa, head of the Budget Office during a presentation before Congress.
Investors wanting safe parking for their money buy 0% German bonds
Germany got bids for 6.24 billion Euros of two-year notes at an auction Wednesday exceeding its 5 billion-Euro maximum sales target, according to a statement from the Bundesbank.
Global confidence index for next twelve months at its gloomiest in five quarters
Confidence in the state of the world economy over the next 12 months fell to the lowest level in five quarters, according to the Global Confidence Index prepared by the World Economic Forum.
Edinburgh the most welcoming UK airport; Paris and Moscow the rudest in Europe
Luton is the UK’s most unfriendly airport, with Edinburgh the most welcoming, according to a survey. The Bedfordshire airport got the thumbs-down from travellers asked to rate the friendliness of staff in a poll by travel search site Skyscanner.
A billion dollars trade surplus for Argentina in July; Mercosur main partner
Argentina’s trade surplus reached 1.014 billion dollars in July, which is 54% higher than the same month a year ago. Exports totalled 7.4 billion and imports 6.37bn according to the latest release from the official stats office, Indec.
Argentine president cancels agenda because of a low blood pressure episode
Argentine president Cristina Fernandez had to cancel all her Wednesday activities because of a lipothymy episode (low blood pressure) and was instructed to rest for the rest of the day at the presidential residence in Olivos.
