Stories for November 2012

Friday, November 30th 2012 - 23:54 UTC

Rousseff vetoes part of oil royalties’ bill: victory for producer states

One of the toughest decisions of President Rousseff’s administration

President Dilma Rousseff vetoed on Friday parts of a controversial oil royalties bill that pit Brazil's oil-producing states against the rest of the country in a battle over future oil wealth.

Friday, November 30th 2012 - 23:51 UTC

Surprisingly disappointing performance of Brazilian economy in third quarter

The ever optimistic Mantega forecast the economy will expand 1% in the last quarter

Brazil on Friday reported slower than expected economic growth in the third quarter putting more pressure on President Dilma Rousseff to make deeper structural reforms and adding to fears that the global slowdown is reaching big emerging markets.

Friday, November 30th 2012 - 22:32 UTC

Solid Latam support for Palestine ‘observer status’ vote at the UN

Only Panama voted against and Guatemala, Colombia and Paraguay abstained at the General Assembly

Latinamerican countries most of which recognize Palestine as a free and sovereign state, helped this week with their votes to elevate the status of the Palestine Authority to “non member observer” which was approved this week by an overwhelming majority of the UN General Assembly.

Friday, November 30th 2012 - 20:24 UTC

Law to regulate UK press: PM Cameron against; Clegg and Miliband in favour

Lord Justice Brian Leveson reported on his inquiry which laid bare the cosy ties between British leaders, police chiefs and press barons.

Prime Minister David Cameron rejected the idea of a law to regulate the British press risking a split in his government after an inquiry advised legal backing for a watchdog to police the sometimes outrageous conduct of newspapers

Friday, November 30th 2012 - 20:07 UTC

Excellent weather for “Seabourn Sojourn” on her Friday Falklands’ call

The “Seabourn Sojourn” anchored in Port William on a blue sky Friday (Pic Alan Henry)

Despite claims by the Argentine media that the Bahamas flagged cruise vessel “Seabourn Sojourn” had no plans to visit Falklands the 431 passengers on board have enjoyed a wide range of tours around the Islands after they anchored in Port William, just outside of Stanley Harbour on Friday at 9am.

Friday, November 30th 2012 - 19:39 UTC

RAF honour guard at former Falklands’ governor Sir Rex Hunt funeral

Sir Rex Hunt a symbol and hero for the Falkland Islands

Personnel from 34 Squadron RAF Regiment and No 609 (West Riding) Squadron Royal Auxiliary Air Force (RAuxAF) have attended the funeral of Sir Rex Hunt, former Governor of the Falkland Islands.

Friday, November 30th 2012 - 19:24 UTC

EU Court of Justice confirms Spain has a listed nature site in Gibraltar waters

UK ‘disappointed’ bur ruling did not touch on the substance of British sovereignty over Gibraltar waters

British Government has lost a crucial appeal before the European Court of Justice [ECJ] relating to Gibraltar’s territorial waters. Britain was seeking to overturn an earlier judgement dismissing its legal challenge to the European Commission’s approval of a Spanish EU nature site in British waters.

Friday, November 30th 2012 - 18:50 UTC

Falklands debates full time lawmakers and how to attract younger generations to elected posts

Richard Cockwell, head of the Members Remuneration Review Panel chaired a public meeting on the issue

With the next general election for Legislative Assembly Members for the Falkland Islands Government less than a year away, public consultation has begun on whether the posts should become full time with an appropriate salary paid.

Friday, November 30th 2012 - 08:40 UTC

YPF takes over Argentina’s main gas distribution company belonging to BG

Metrogas clients number over 2 million concentrated in Buenos Aires

Argentina’s nationalized oil and gas company YPF announced it has taken control of Metrogas, after acquiring 54.67% of the shares of Gas Argentino (GASA) from the company British Gas (BG). The takeover leaves the oil company as the main stockholder and controller of 70% of the largest gas distribution company in Argentina.

Friday, November 30th 2012 - 06:39 UTC

Unasur summit will address Paraguay situation; Brazil and Argentina absent

President Humala will chair the meeting

The Union of South American Nations, Unasur leaders meet on Friday in Peru to consider advances to the integration process and a report on the political and electoral situation in Paraguay, which remains suspended from the group since last June.

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