Stories for November 28th 2012

Wednesday, November 28th 2012 - 23:11 UTC

ARA Libertad can’t be impounded according to IMO, says Ambassador Castro

The frigate has been retained in Tema since 2 October

The International Maritime Organization (IMO) certified that the ARA Libertad frigate is a military vessel, therefore, it can not be impounded, Argentina's ambassador to the UK, Alicia Castro, reported.

Wednesday, November 28th 2012 - 22:20 UTC

Colombia withdraws from UN Justice Court angry at latest ruling on Caribbean islands

President Santos made the announcement and left Colombian navy vessels in the disputed waters

Colombia has withdrawn from a treaty that binds it to the UN International Court of Justice in anger at a ruling that shifts some of its resource-rich waters to Nicaragua, President Juan Manuel Santos announced on Wednesday.

Wednesday, November 28th 2012 - 21:50 UTC

Chile and Mexico among the best performing members of OECD in next two years

Gurria has asked Mexican president elect Peña Nieto to implement much needed reforms

Chile and Mexico will manage to a great extent to avoid the negative prospects from OECD members in the next two years. The half year report from the Organization for Economic Cooperation and Development anticipates a serious weakening of activity in the Euro zone, the US and Japan, but the two OECD Latinamerican members as well as emerging power Brazil will have a contrasting performance.

Wednesday, November 28th 2012 - 21:14 UTC

Burdened by domestic problems Brazil’s Rousseff will be absent from Unasur summit

Dilma faces a full agenda of controversial problems

Brazilian president Dilma Rousseff has cancelled her attendance to the Union of South American Nations, Unasur summit in Peru on Friday because of “agenda problems” and previous “domestic engagements”, according to the Planalto press secretary office. Vice-president Michel Temer will be attending in her name.

Wednesday, November 28th 2012 - 20:28 UTC

Argentina faces 65bn dollars in claims; plans to abandon international litigations court

Advisor Barcesat: investment treaties under the ICSID umbrella are “null and void”

Argentina faces 42 claims at the World Bank’s ICSID in which the plaintiffs are demanding compensations for almost 65 billion dollars, revealed Eduardo Barcesat legal advisor to the Argentine Treasury and one of several lawyers who has defended the country in those litigations.

Wednesday, November 28th 2012 - 19:02 UTC

Dengue keeps advancing in Latam despite efforts to contain the disease

The Aedes Aegypti mosquito transmits the virus disease mainly in the rainy season

Dengue continues to claim lives in Latin America with over 400 deaths and nearly 161.000 infection cases according to this year’s reports from the different countries.

Wednesday, November 28th 2012 - 18:55 UTC

BP suspended from new contracts with US government

The Deepwater Horizon accident, one of the worst oil spills in history

British Petroleum has been temporarily suspended from new contracts with the US government, the Environmental Protection Agency (EPA) has said. While it is unclear how long the ban will last, it follows BP's record fine earlier this month over the 2010 oil spill in the Gulf of Mexico.

Wednesday, November 28th 2012 - 16:42 UTC

EC 37bn Euro check for Spanish banks but 50% of branches must go and hair cut for bond holders

EU Competition Commissioner Joaquin Almunia promised a second chapter of announcements on 20 December

The European Commission gave on Wednesday the go ahead for Spain to overhaul its stricken nationalized banks and opened the door for nearly 40 billion Euros in Euro zone aid to be disbursed, offering hope for an end to Spain's banking crisis.

Wednesday, November 28th 2012 - 16:23 UTC

The clandestine repressive “Condor Plan” was masterminded by the Brazilian military

Justice and Human Rights Movement Krischke presented the documents to the Truth Committee

The head of Brazil’s Justice and Human Rights Movement, Jair Krischke stated before the Truth Committee that it was the Brazilian dictatorship which master minded the notorious Plan Condor, the South American military dictatorships undercover trans-border organization of the sixties and seventies.

Wednesday, November 28th 2012 - 16:08 UTC

MP questions lack of “Territory Status” for BOTs in Commonwealth future report

Andrew Rosindell chairs the All Parliamentary Group on British Overseas Territories

Conservative MP Andrew Rosindell has written to the London representatives of British Overseas Territories to alert them to what he sees as a shortfall in a new report on the future of the Commonwealth.


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