Stories for September 25th 2012

Tuesday, September 25th 2012 - 23:56 UTC

FOGL spuds the second well of its exploration program to the east of Falklands

The rig Leiv Eriksson is drilling 315 kilometres east-northeast from Stanley

Falkland Oil and Gas, FOGL, announced on Tuesday that last 25 September it spudded the Scotia exploration well to the East of the Falkland Islands. The well FI 31/12-01 is located 315 km east-northeast of the Islands capital Stanley, and 114 km from the Loligo prospect.

Tuesday, September 25th 2012 - 23:17 UTC

Ambassador Argüello praises “best US/Argentina trade relationship in 200 years”

A complex, intense relationship… will always make some noise” admits Ambassador Argüello

Argentine ambassador in the United States Jorge Argüello assured that Argentina and the US “are having the best trade relationship in almost 200 years of bilateral relations” and said that “they’ve never had a trade volume similar to the one reached this year, which left a 13 billion dollar surplus.”

Tuesday, September 25th 2012 - 23:12 UTC

Lavagna tells Kirchnerites to stop clapping and give true picture of the Argentine economy

The former minister (2002/2005) was the architect that helped Argentina climb out of the 2001 default and melted economy

Argentine former Economy Minister Roberto Lavagna considered the “economic model” led by President Cristina Fernandez administration is entering “a clear downfall” and slammed Kirchnerite politicians, unionists and businessmen “for, out of fear, clapping at political rallies instead of saying what they really believe about the economy”.

Tuesday, September 25th 2012 - 15:01 UTC

Human Rights Court tells Peru to annul ruling favouring ex-president Fujimori

The former president is suffering from mouth cancer

Inter-American Court of Human Rights told Peru on Monday to annul a ruling by its Supreme Court that could have paved the way for an early release of jailed former President Alberto Fujimori.

Tuesday, September 25th 2012 - 14:49 UTC

Welsh church hand 150-year historic bell to Chilean fire-fighters

Canon Stephen Ryan, Rector of Neath with the famous bell (Photo BBC)

Chilean fire-fighters formed a guard of honour at a south Wales church as a historic bell was handed over at a ceremony. The bell was one of several removed and taken to Wales after being salvaged from a 19th Century fire which killed 2,500 people at a church in Chile.

Tuesday, September 25th 2012 - 14:22 UTC

Chilean company and global leading lithium producer strengthens market position

SQM offered to pay 40.6 million dollars for the 20-year concession

The world leading lithium producer SQM has won a tender to develop a lithium concession in Chile, which produces around 40% of the metal, used widely in hybrid vehicles and computer and smart-phone batteries, the Mining Ministry said on Monday.

Tuesday, September 25th 2012 - 08:19 UTC

Japan steps away from nuclear power

The Fukushima meltdown was decisive for Japanese public opinion

As Japan and France move away from nuclear energy, is it the endgame for nuclear proponents?

Tuesday, September 25th 2012 - 08:15 UTC

IMF to cut global growth forecast because of Euro crisis and US ‘fiscal cliff’

The Euro zone is the greatest risk to the world economy

The International Monetary Fund is set to cut its forecast for global growth next month when it updates its projections for the world economy, the head of the IMF said.

Tuesday, September 25th 2012 - 08:11 UTC

At least 21.9% of Argentines poor, according to the Catholic University

The figure openly contrasts with the official 6.5% delivered by Indec

Poverty in Argentina is at least three times the official figure presented by the controversial government stats office, Indec, if the criteria and methodology applied by the Argentine Catholic University Social Debt Barometer are taken into account.

Tuesday, September 25th 2012 - 08:05 UTC

Four Uruguayan marines charged for abusing an 18-year old boy in Haiti

The four have been charged with “private violence” but were acquitted of sexual assault

Four Uruguayan marines have been charged on suspicion that they abused a young man while serving as United Nations peacekeepers in Haiti. The four men were charged with “private violence” against 18-year-old Johnny Jean, who says he was raped last year.

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