Stories for November 14th 2012

Wednesday, November 14th 2012 - 23:44 UTC

Holdout bonds’ ruling: Argentina files a retrial petition at the US Court of Appeals

In the request the administration of Cristina Fernandez argues Judge Griesa ruling makes “voluntary debt restructuring essentially impossible”

Argentina filed on Tuesday a petition for a retrial at the US Second Circuit Court of Appeals over a debt ruling that would force the country to pay holdout creditors owning bonds in default since 2002.

Wednesday, November 14th 2012 - 23:30 UTC

Gibraltar demands stronger UK action against incursions by the Spanish Navy

 “Vencedora” sailing in Gibraltar bay

The Gibraltar Government said Britain must find a different way to end the “totally unacceptable” actions by Spanish state vessels, the latest of which on Tuesday with the incursion of the corvette “Vencedora” flying an oversized Spanish ensign, which represents “a frontal challenge and an affront to British sovereignty”.

Wednesday, November 14th 2012 - 07:11 UTC

Ghana port officials deny water supply until the Argentine frigate relocates

Former Argentine minister Jaunarena called for rationality and compliance with the relocation of the frigate

Ghana authorities have denied the supply of water to the Argentine Navy flagship ARA Libertad impounded and retained in the port of Tema since 2 October and which refuses relocation to a less active pier despite a court order.

Wednesday, November 14th 2012 - 07:10 UTC

An overwhelming UN Assembly calls on the US to lift trade embargo on Cuba

Minister Rodriguez: ‘four years of persistent tightening of the embargo’

Repeating an annual ritual, the UN General Assembly called on Tuesday for the United States to lift its trade embargo against Cuba, whose foreign minister said the blockade against the country was tantamount to “genocide”.

Wednesday, November 14th 2012 - 07:08 UTC

Petrobras strikes oil and gas in extreme south of Argentina at the Springhill field

A previous discovery of gas was linked to the Magallanes basin

Petrobras Argentina reported this week that it made a new oil- and gas-field in the northern area of the Puesto Peter franchise, which is located in the Patagonia province of Santa Cruz.

Wednesday, November 14th 2012 - 07:06 UTC

“Congress Index” inflation in Argentina climbs 1.82% in October and 24.62% in twelve months

Opposition lawmakers making the announcement and showing the graphs

Argentine opposition lawmakers revealed on Tuesday October’s inflation index based in the analysis of nine private agencies, which showed a 1.82% increase over the previous month and 24.62% in the last twelve months.

Wednesday, November 14th 2012 - 07:05 UTC

Argentines can expect a ‘salt-less’ summer when they turn out to the Atlantic coast

Basking in the sun next to beautiful girls but not salt please

An estimated 20.000 restaurants, hotels and fast food places in the province of Buenos Aires Atlantic beaches have agreed to eliminate salt from tables as part of a campaign to help combat the excess consumption of sodium and related diseases such as high blood pressure and cerebrovascular accidents, CVA

Wednesday, November 14th 2012 - 07:03 UTC

National holiday record breaking in Argentina: 19 in 2012; at least 17 next year

New Year will be celebrated with a long four-day weekend

Argentines are known to be quite a stress-prone bunch, when not neurotic, but the annual calendar of national and one-time holidays gives a different picture: 19 this year and at least 17 in 2013.

Wednesday, November 14th 2012 - 00:42 UTC

Sao Paulo turned into a shoot out battle ground between drug lords and the police

Killings and executions in Sao Paulo streets, a common scene

The wave of killings in South America’s largest city, Sao Paulo is attributed to a resurgence of attacks from the criminal gang PCC (First Command of the Capital) against the police, which is also involved in reprisals turning the Brazilian metropolis into one of the most violent in the country.

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