Stories for October 2012

Wednesday, October 31st 2012 - 23:34 UTC

Gibraltar willing to enter a double taxation treaty with Spain

Chief Minister Fabian Picardo said Gibraltar finance centre is subject to all legal EU regulations

Gibraltar said it complies with European Union and OECD regulations regarding finance centres and also indicated that it was willing to enter a double taxation treaty with Spain.

Wednesday, October 31st 2012 - 23:13 UTC

Falklands’ Desire Petroleum plans for the next three years

Desire licences contain the Sea Lion extension and all other oil and gas discoveries

Planning ahead for the next three years Falkland Islands Desire Petroleum announced on Wednesday changes to its Production Licences following approval received from Executive Council.

Wednesday, October 31st 2012 - 23:01 UTC

Falklands’ proposed referendum question enters public consultation period

The Falklands population and the ballot box hand in hand

The Falkland Islands government has opened a public consultation on the proposed referendum question on the Falklands Political Status to be held in early 2013. The proposed question was arrived at and agreed by all members of the Legislative Assembly having received expert advice on the issue.

Wednesday, October 31st 2012 - 22:41 UTC

Falklands’ flag flies at Parliament Square to mark a British state occasion

The Falklands colours together with those of the other 16 OT

For the first time, the 16 flags of the British Overseas Territories including the Falkland Islands are being flown in Parliament Square, alongside the flags of the Crown Dependencies, to mark a state occasion, reports an official release from the Foreign Office.

Wednesday, October 31st 2012 - 20:51 UTC

India/Brazil with highest government debt/GDP ratios among leading emerging economies

The report indicates that G7 countries average debt/GDP ratio has soared from less than 80% to over 110% since 2000

India and Brazil have the highest government debt ratios at almost 70% of GDP among top ten emerging market economies, according to a report by Deutsche Bank.

Wednesday, October 31st 2012 - 20:44 UTC

Brazil’s primary budget surplus rapidly narrowing but Central bank confident target is within reach

The bank’s Statistics Coordinator Tulio Maciel, the economy recovering and will increase tax revenue in the last quarter

Brazil's primary budget surplus narrowed in September, distancing the government from its full-year surplus target, but the central bank said that target is still within reach. The accumulated primary surplus of January through September narrowed to 75.8 billion Brazilian Reais (37.3 billion dollars) from 104.6 billion Reais in the same period a year earlier.

Wednesday, October 31st 2012 - 20:22 UTC

Iran/Argentina dialogue ‘positive’ and will continue end of November, says Timerman

Argentine Foreign minister, “Wednesday session the last session but not the final”

Foreign Minister Héctor Timerman announced at Government House in Buenos Aires that new negotiations between diplomatic representatives of Argentina and Iran over the investigation into the 1994 AMIA terrorist attack, will take place before the end of November.

Wednesday, October 31st 2012 - 20:12 UTC

Mercosur members, except Paraguay, de-listed from EU import preference scheme

EU Trade Commissioner Karel De Gucht:‚ an important recognition that key developing economies have become globally competitive’

The European Union issued on Wednesday its revised import preference scheme - known as the Generalised Scheme of Preferences (GSP) - for developing countries most in need which will take effect from 1 January 2014, revealing that all Mercosur full members, except for Paraguay, will no longer benefit.

Wednesday, October 31st 2012 - 18:12 UTC

Council of Europe promotes personal data protection in Latin America

Jörg Polakiewicz is head of the human rights policy and development department in the Council of Europe

The Council of Europe is promoting international co-operation in the field of personal data protection, in particular by encouraging non member states to ratify the Convention for the protection of individuals with regard to Automatic Processing of Personal Data, also known as Convention 108. Uruguay has started the process for its ratification and therefore may become the first non-Council of Europe member state to accede to the convention.

Wednesday, October 31st 2012 - 06:56 UTC

Bolivia asks Sean Penn to help lobby in the dispute with Chile over a sea outlet

The US actor who is also a close friend of Chavez, played in a soccer match with Morales

Bolivia asked visiting Oscar-winner Sean Penn Tuesday to help lobby for La Paz to regain a bit of Pacific coast, and escape the ranks of landlocked states. Evo Morales, the populist president of the arid nation high in the Andes, asked the US actor to help its campaign to press Chile to overhaul treaties that ended a 19th-century war that cost Bolivia its coast and gave the land to Chile.

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