Stories for January 7th 2013
The Argentine Foreign Ministry rejected the recent “military threats” coming from British Prime Minister David Cameron in relation to the UK’s “illegal occupation of the Falklands/Malvinas Islands” that began 180 years ago.
Argentina’s worldwide court battles against the hedge funds which did not accept the restructuring of its defaulted debt and are after the country’s assets, has gained another ally, the president of the World Economic Forum, (WEF) Klaus Schwab.
Iceland has awarded two licences for oil and gas exploration and production in the waters off the north east coast of the Atlantic island.
A number of senior figures at the Federal Reserve want the US central bank to stop or slow down its bond-buying program well before the end of 2013. December minutes of its interest rate-setting Federal Open Market Committee (FOMC) showed that several of its twelve members made the call.
Only four years ago 100.000 South Koreans lined the streets of Seoul to protest the return of US beef to Korea. Consumer confidence in US beef was at an all-time low to the extent that media outlets would not even accept paid ads promoting the products for fear of getting pulled into the protest backlash – instead joining the outrage by declaring US beef to be unsafe from BSE (bovine spongiform encephalopathy) or ‘mad cow’.
New Zealand farm workers are doing better than their counterparts in other industries when it comes to wage rises. A Rabobank-Federated Farmers survey has shown farm workers recorded an overall average salary rise of 4.9% in the year to October, 2010.
President Sebastián Piñera is considering declaring the state of emergency in the Araucanía region, in southern Chile, where six arson attacks which cost the lives of two people took place since Friday, Interior Minister Andrés Chadwick said.