Stories for September 29th 2012
Lawmaker Jan Check is “cautiously optimistic” about the future of the Falkland Islands despite Argentina’s blockade and attempts to wreck the Islands economy, but if development continues to thrive, some neighbours will think twice before continuing to support the aggressive policy of President Cristina Fernandez towards the disputed South Atlantic Islands.
Uruguay's central bank raised its benchmark interest rate 25 basis points to 9% on Friday in a bid to cool inflation expectations. The bank had held the rate steady at its last two monthly monetary policy meetings.
Bob Chartoff and Lynn Hendee of Chartoff Productions announce plans for “Ice”, an epic action-adventure feature film based on the true story of Sir Ernest Shackleton’s 1914 Endurance expedition. Shackleton’s remarkable rescue of his 27 men when their ship, the Endurance, went down in the pack ice off the Antarctic coast is internationally regarded as the greatest adventure in history.
The Falkland Islands Government stand at the Liberal Democrat Party Conference in Brighton welcomed a number of senior party members including the leader Deputy Prime Minister Nick Clegg and the Argentine ambassador in London, Alicia Castro who was also attending the event.
British Prime Minister David Cameron admitted that UK and Brazil did not agree in all foreign policy issues, but welcomed the existence of an open debate between the two countries. PM Cameron ended on Friday a two-day visit to Latinamerica’s largest economy to promote trade and investment.
Brazilian energy giant Petrobras on Friday asked a Rio do Janeiro court to lift a ban on operations of rig owner Transocean in connection with a major ocean oil spill last year. The company filed a civil action as injured third party to press for the immediate lifting of a July 31 injunction ordering US oil firm Chevron and Switzerland-based Transocean to stop drilling and shipping activities in Brazil within 30 days.
President Dilma Rousseff said British interest in Brazil had come at the right time after her government announced last month a 66 billion dollars investment in road and railway building as part of a massive plan to upgrade her country's dilapidated infrastructure, which includes modernizing ports and airports.