Current Edition

Current Edition
Thursday, November 26th 2015 - 17:39 UTC

UK's Cammell Laird will build BAS new £200 million polar research ship

 Cammell Laird chief executive, John Syvret CBE, met with NERC chief operating officer Paul Fox (L) to seal the deal in Birkenhead

The Birkenhead shipyard Cammell Laird said it saw off competition from Europe and beyond including Korea and Singapore to be selected as the preferred bidder to build a new vessel for the UK-funded Natural Environment Research Council (NERC). The contract was signed last week and it is expected that full production will start in June next year, and on completion the vessel will be operated by NERC’s British Antarctic Survey (BAS).

Thursday, November 26th 2015 - 16:57 UTC

In a split vote, Brazil's central bank leaves Selic rate unchanged; pressure for an increase

Copom voted 6-2 to maintain its benchmark interest rate at 14.25%, its highest in nine years. Two of the 8-member voted to raise the Selic to 14.75%

Brazil's central bank kept interest rates on hold for the third straight meeting on Wednesday in a split vote that shows policymakers are uneasy about inflation, a worsening recession which might lead to a raise in rates early in 2016.

Thursday, November 26th 2015 - 08:23 UTC

Brazil in shock: a leading senator and billionaire fund manager arrested for obstructing justice

Senator Delcidio Amaral, who leads President Dilma Rousseff's Workers' Party in the upper house, was the first sitting legislator to be put behind bars

Brazil is in shock following the arrest by police on Wednesday of a senior ruling-party senator and a billionaire investment banker in the intensifying probe of a huge corruption network centered on state oil giant Petrobras.

Thursday, November 26th 2015 - 08:18 UTC

Poor report on Rousseff's performance from Brazil's central bank forecast

President Rousseff has been forced to raise taxes, cut spending and investment, and Congress members from her coalition don't accept it

Analysts expect Brazil's economy to contract by 3.15% this year and 2.01% in 2016, the Central Bank reported. The gross domestic product (GDP) estimate comes from the Boletin Focus, a weekly Central Bank survey of analysts from about 100 private financial institutions on the state of the national economy.

Thursday, November 26th 2015 - 07:57 UTC

Falklands will attend Overseas Territories ministerial meeting in London

MLA Rogers and Sukey Cameron, MBE, head of FIGO will be heading the Falklands delegation at the JMC

Representatives from the Falkland Islands will be attending the Overseas Territories Joint Ministerial Council 2015, JMC, in London on the 1-2 December. The fourth meeting of the Overseas Territories Joint Ministerial Council (JMC) will be held at Lancaster House and will be hosted by FCO Minister for the Overseas Territories James Duddridge MP.

Thursday, November 26th 2015 - 07:40 UTC

International Day for the Elimination of Violence against Women

Ensuring equality between women and men is a crucial part of these efforts,” said Dr Margaret Chan, Director-General of WHO.

On 25 November, the World Health Organization (WHO) joins partners in calling for the elimination of all forms of violence against women and girls to ensure their health, well-being and human rights.

Thursday, November 26th 2015 - 07:31 UTC

U.S. economy picks up in third quarter but down from same period in 2014

White House Economic Adviser Jason Furman said slowing foreign demand is inhibiting the economy and Congress needs to focus on domestic spending.

The U.S. economy grew at a slightly faster pace in recent months than first thought, as businesses restocked their goods. U.S. Commerce Department said the world's largest economy advanced 2.1% in the July-to-September period, up from an initial estimate of 1.5%.

Thursday, November 26th 2015 - 07:09 UTC

Macri names bankers and big business executives to his economic team

Lawmaker and next Budget and finance minister Prat-Gay, worked for J.P. Morgan in London and New York and later as president of the Central Bank

Argentina's president-elect Mauricio Macri has named US-educated bankers and big business executives to key posts in a cabinet he vows will revive the economy, officials and media reports said Wednesday. Budget and finance minister Alfonso Prat-Gay, 50, an economist trained at Pennsylvania University and former Wall Street banker, was announced by Macri's designated chief of staff Marcos Peña.

Thursday, November 26th 2015 - 07:01 UTC

Cristina Fernandez wants to become head of the opposition to Macri

Affirming she will “never leave” and “will always be with you,” Cristina Fernández highlighted the current unemployment rate of 5.9%

Argentine president Cristina Fernandez made on Wednesday her first public appearance since Sunday's election runoff when opposition candidate Mauricio Macri was confirmed as the new head of state, and clearly anticipated she will continue in politics and pretends to conduct the Justicialista party, the country's hegemonic political force.

Wednesday, November 25th 2015 - 08:41 UTC

A rancher close to Lula da Silva arrested on Petrobras corruption probe

Federal police said that Bumlai was arrested in Brasilia and taken to Curitiba for questioning by Judge Sergio Moro, who heads the massive Petrobras probe

Brazilian authorities working on the country’s huge Petrobras corruption probe arrested Jose Carlos Bumlai, a rancher reportedly close to powerful former president Luiz Inacio Lula da Silva.


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