MercoPress. South Atlantic News Agency
Stories for February 5th 2013
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Tuesday, February 5th 2013 - 01:49 UTC
US government to sue Standard & Poor’s over 2007 mortgage-bonds assessments
Standard & Poor's says it is to be sued by the US government over the credit ratings agency's assessment of mortgage bonds before the financial crisis. The civil lawsuit would focus on S&P high ratings in 2007 for some mortgage-backed securities that later collapsed in value, said the agency.
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Tuesday, February 5th 2013 - 01:10 UTC
A repeat of Shackleton’s epic Southern Ocean crossing reaches South Georgia
An expedition replicating Ernest Shackleton's 1916 perilous crossing of the Southern Ocean from Antarctica in a small boat has made landfall after a 12-day journey. Led by renowned adventurer Tim Jarvis, the team of six reached Peggotty Bluff on rugged South Georgia, where they landed their vessel in the same place Shackleton and his men beached the James Caird nearly 100 years ago.
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Tuesday, February 5th 2013 - 00:24 UTC
Argentine leaders’ ‘creative lies’ according to a leading Italian newspaper
A leading Italian newspaper has published a very critical piece on Argentina, its honesty and what it describes as the succession of ‘creative lies’ in the country’s recent history going back to the myth about Evita Peron, the blood thirsty generals, Maradona, Carlos Menem one peso/one dollar, Cristina Kirchner and the latest the clash with the IMF over manipulation of official inflation and GDP stats.
