Stories for September 17th 2012

Monday, September 17th 2012 - 18:29 UTC

Falklands’ referendum will send strong message to world public opinion

MLAs Dick Sawle and Barry Elsby recently visited Mexico City

The Falkland Islands don’t expect Argentina to accept the results of the coming referendum, but will show the rest of the world, particularly South and Central America that the Islands are a democracy and have the right to self determination, said Falklands’ lawmakers in an interview with the Mexican newspaper Excelsior.

Monday, September 17th 2012 - 17:29 UTC

Cruise convention underlines South America’s potential for the industry

Royal Caribbean president and CEO Goldstein, “we are at the very, very beginning of this game”

South America was described as a ‘fantastic destination’ for the cruise industry but with an even greater potential said Chris Hayman at the closing ceremony of the two-day Seatrade South America Cruise Convention in Buenos Aires.

Monday, September 17th 2012 - 14:57 UTC

FOGL and Edison strike gas discovery to the East of the Falkland Islands

The oil rig now moves to the Scotia prospect

Falkland Oil and Gas Ltd announced Monday that the well drilled to the East of the Falkland Islands to a depth of over 4.000 meters is a gas discovery. The statement comes after a rough week for FOGL when its shares plummeted following poor and unfounded press coverage.

Monday, September 17th 2012 - 05:48 UTC

Spain dumps Paraguay from the Ibero-American summit not to offend Argentina

Secretary of State for Ibero-America Jesus Gracia was sent to lobby Paraguay out

A top Spanish official made a low profile and unexpected visit to Paraguay last week with the purpose of trying to convince the administration of president Federico Franco to remain absent from the coming Ibero-American summit scheduled for November since Madrid fears his presence could turn the event into a failure.

Monday, September 17th 2012 - 05:43 UTC

Brazil’s ‘trial of the century’ culprits point to Lula da Silva as “the chief”

Former president Lula da Silva allegedly was more that aware of the corruption scheme

Former Brazilian president Lula da Silva was “the chief” of the corruption network the ruling Workers Party had organized to have sufficient votes in Congress, according to a report published in the weekly Veja, the magazine with the largest circulation in the country.

Monday, September 17th 2012 - 05:37 UTC

Venezuela and Argentina sign 24 agreements in the oil-food industries

Minister Ramirez Carreño: pointing south to further integrate to Mercosur

Venezuela and Argentina signed three institutional agreements and 24 among corporations during the two-day First Meeting for the Venezuela-Argentina Petro-industrial development with the purpose of intensifying trade, investment and cooperation between the two countries.

Monday, September 17th 2012 - 05:32 UTC

FCO outlines issues and calls for restraint ‘on all sides’ in Gibraltar/Spain fishing dispute

Sir Adrian Johns: upholding British sovereignty and protecting Gibraltar’s interests”

The upholding of British sovereignty and protecting Gibraltar’s interests are the key issues for Governor Sir Adrian Johns in the current fishing dispute involving Spanish fishermen and the Spanish authorities.

Monday, September 17th 2012 - 02:54 UTC

Brazil trusts the Venezuelan electoral process will be “credible and transparent”

Patriota says South America is one of the most democratic of the world

Brazil said it is confident that the electoral process in Venezuela, where Chavez is bidding for another six years will be “credible and transparent”. Foreign Minister Antonio Patriota made the statement in an interview published on Sunday by O Estado de Sao Paulo.

Monday, September 17th 2012 - 02:47 UTC

Experts close to President Rousseff warn of a “real estate bubble” in Brazil

Rio do Janeiro where the value of housing on average has soared 165% in four years

A team of experts working for the administration of President Dilma Rousseff has warned of the existence of a “real estate burble” in Brazil with the value of houses soaring 165% in Rio do Janeiro and 132% in Sao Paulo in the last four years.

Monday, September 17th 2012 - 02:37 UTC

Paraguay could demand “moral and economic” compensation from Mercosur members

The Foreign Ministry said Mercosur resolutions in absence of Paraguay can be described as “illegitimate”

Paraguay is considering demanding “moral and economic” compensation from Argentina, Brazil and Uruguay for having been suspended from Mercosur as full member and at the same reiterated its rejection to Venezuela’s admission, according to the country Foreign Ministry.

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