Stories for 2012
Falklands’ share Norway’s oil wealth fund and port infrastructure experience
Though plagued with flu and taking place largely in darkness, the recent visit to Norway by Members of the Legislative Assembly and senior government officials appears to have produced encouraging results and shone some light on possible developments in the Falkland Islands, according to MLA Dick Sawle.
The magic of currencies: UK overtakes Brazil as the world’s sixth largest economy
Despite recession and the poor performance Britain has clawed back the ground it lost to Brazil in the rankings of the world's richest economies - but it is not expected to hold on to the spot for long.
Life sentence for Argentine civilian minister who worked with the military dictatorship
An Argentine federal court handed down life sentences on Dec. 19 to former Buenos Aires province interior minister Jaime Smart (1976-1979), former Buenos Aires province police investigations director Miguel Osvaldo Etchecolatz and 14 former police and military personnel for genocide and crimes against humanity in the cases of 280 people detained during the 1976-1983 “dirty war” against suspected leftists.
Argentine economy forecast to expand 4.6% in 2013, but dollar clamp remains
Argentina's economy is seen growing 4.6% next year, improving after drought and a slowdown in top trading partner Brazil took a toll in 2012, the central bank president said in an interview published on Sunday. She also advanced that the so called ‘dollar clamp’ or strict restrictions on the purchase of foreign currency remain.
UK Parliament addresses disruption of Falklands’ shipping and tourism by Argentina
The disruption of shipping and tourism in Argentina and the Falkland Islands reached the British Parliament and was addressed by Foreign Office officials who said the UK regrets the Argentine attitude but is also holding talks with international partners that share concerns about illegitimate interferences, and with the cruise industry.
YPF and PDVSA will explore Malvinas continental shelf for oil, says Pagina 12
According to reports in the Argentine media, the nationalized Argentine oil company YPF, formerly owned by Spain's Repsol, will be teaming up with Venezuelan oil giant PDVSA to explore the continental shelf around the Falkland/Malvinas Islands for oil.
Ecuador’s Correa prepares for re-election: increases minimum salary 9%
Ecuadorean President Rafael Correa announced a 9% increase in the minimum wage for private-sector workers for 2013, a move that may help consolidate his February re-election bid that polls broadly show him favoured to win.
Merry Christmas from MercoPress
MercoPress wishes a happy holiday season to all its readers and sponsors!
Preaching resentment and confrontation led to extended rioting in Argentina, says leading political analyst
Argentina has lost its limits and references, and this was dramatically expressed these last few days says Joaquin Morales Solá, one of the country’s most respected political analysts, when the looting and rioting extended from Resistencia to the north next to Paraguay, to Bariloche in Patagonia.
Uruguayan famous striker holds football training camp in the Falklands
Footballers both young and old, in the Falkland Islands have had the opportunity and rare privilege this last week of being coached by one of the game’s legends.
