For years the IMF turned a blind eye as Argentina doctored its inflation index and plumped up its numbers for economic growth. Then last February the fund steeled itself and censured the country, warning it to improve its statistics by September or face potential suspension or expulsion. This threat was unprecedented in the fund’s history.
More than 1,000 migratory bottlenose dolphins have died from a measles-like virus along the US Eastern Seaboard in 2013 and the epidemic shows no sign of abating, a marine biologist said. The death toll exceeds the 740 dolphins killed during the last big outbreak of the then-unknown virus in 1987-88.
The Falkland Islands Government and local company Synergy Information Systems Ltd have agreed a contract for the provision of IT services to Government. The contract, signed last week following formal approval by Executive Council, involves the management of the Government’s IT network infrastructure and user support and results in the transfer of more than 80% of Government IT work to the local private sector.
Gibraltar has changed its tax laws to tweak the Income Tax Act 2010 to meet EU requirements. The Chief Minister Fabian Picardo certified the bill as urgent to speed up its process through Parliament.
Brazilian Government has decided that any future bidding rounds involving pre-salt blocks will only be launched according to the local industry capability to supply the demand in equipment and services needed by the sector. Local industry has been struggling to keep up with the demand placed by O&G players already involved in pre-salt E&P in Brazil, which are all Petrobras partners, such as BG and others.
Human life isn’t all bad, but it sometimes feels that way. Good news is no news: the headlines mostly tell of strife and bail-outs, failure and folly.
The Economist has dedicated an article to the recently inaugurated Paraguayan president Horacio Cartes, and his attempts to improve the living conditions of the majority of a population which is poor in a country rich in agriculture and energy.
FIFA secretary general Jerome Valcke says there is a huge amount still to do in preparations for the World Cup. In his end-of-year statement on FIFA.com, the Frenchman urges Brazil 2014 organizers to work flat out in the months before the June 12 kick-off in Sao Paulo to deliver on their promises.
Gazprom has started producing oil from the Prirazlomnoye field, which is the first Russian project for developing the Arctic shelf and the commencement of their large-scale activities aimed at creating a large hydrocarbon production center in the region, according to the company.
Fifteen “innovation vouchers” were awarded to Chilean (Small and medium enterprises), SMEs who will now begin working with project teams from the Universidad Católica, Universidad de Desarrollo and Universidad de Santiago to improve their company’s products and services.