Current Edition

Current Edition
Wednesday, August 26th 2015 - 06:12 UTC

US NOAA to investigate whale stranding as an “unusual mortality event”

Since May 2015, 11 fin whales, 14 humpbacks, one gray whale and four unidentified cetaceans have stranded around islands of western Gulf of Alaska

The U.S. National Oceanic and Atmospheric Administration (NOAA) has declared the recent deaths of 30 large whales in the western Gulf of Alaska an “unusual mortality event,” triggering a focused, expert investigation into the cause. An unusual mortality event is a stranding event that is unexpected, involves a significant die-off of a marine mammal population and demands immediate response.

Wednesday, August 26th 2015 - 06:08 UTC

China gives banks more leeway and pumps liquidity to the system

The People's Bank of China (PBOC) said on its website that it was lowering the one-year benchmark bank lending rate by 25 basis points to 4.6%.

China's central bank cut interest rates and lowered the amount of reserves banks must hold for the second time in two months on Tuesday, ratcheting up support for a stuttering economy and a plunging stock market that has sent shockwaves around the globe.

Wednesday, August 26th 2015 - 06:00 UTC

Shell given a foothold at Argentina's vast shale resources in Neuquén

Areas leased to Shell are Sierras Blancas and Cruz de Lorena blocs, 325sq. kilometers overall. The company said it will invest US$250 million in the areas

Anglo-Dutch energy giant Shell made a stride forward in its push for part of Argentina’s nascent shale oil pie after the Neuquen province government gave it the rights to exploit two unconventional oil areas in the much-coveted Vaca Muerta region for the next 35 years.

Wednesday, August 26th 2015 - 05:47 UTC

Blatter says he is 'clean' and denies systematic bribery in FIFA

“FIFA is not corrupt. There’s not general organized corruption” said Blatter, ”there's no corruption in football, there's corruption with individuals”

With FIFA reeling from the most damaging corruption crisis in its 111-year history, (14 FIFA officials and marketing executives were indicted by US justice authorities in May over a $150 million bribery scandal), Sepp Blatter denied that FIFA was corrupt to the core.

Tuesday, August 25th 2015 - 20:31 UTC

Falklands' air defenses bolstered with Saab-built Giraffe AMB radars

The MoD confirmed in the first quarter of the year it was upgrading Falkland's air defenses including mandating the use of the Giraffe in the update.

Britain has ordered additional Saab-built Giraffe AMB radars to bolster ground-based air defenses on the Falkland Islands against a possible future threat from Argentina, reports Defense News. The Swedish company announced on 24 August that it had received an order valued at 610 Swedish krona million ($74 million dollars) from the UK Ministry of Defense for the supply of new radars and the upgrade of existing systems.

Tuesday, August 25th 2015 - 20:13 UTC

Rousseff planning to cut 10 of 39 ministries as commitment to austerity

Since taking office in 2003, the Workers' Party has bloated the number of ministries in Brasilia from 26 to 39 to ensure political support from the coalition

Brazil's government announced on Monday it will slash the number of ministries and reduce its spending, in an effort to show commitment to austerity that could be politically costly for President Dilma Rousseff.

Tuesday, August 25th 2015 - 20:09 UTC

Falklands' Humpback exploration well results delayed until September

“Drilling on the Humpback prospect in the South Falkland basin is currently on-going” announced CEO John Martin

Falkland Oil & Gas Ltd told investors that drilling of the deep water Humpback exploration well in South Falkland basin has run into delays. They were described as ‘unforeseen equipment and operational issues’ and it has added just over a month to the schedule – to about 100 days from 65 planned days – so the well results are now expected during September.

Tuesday, August 25th 2015 - 15:01 UTC

Over 700 Cuban doctors working in Venezuela have fled across to Colombia

Brandishing their diplomas, the Cuban health professionals congregated in a plaza in Kennedy, a working-class neighborhood built in the 1960s

Deteriorating conditions in Venezuela are causing increasing numbers of Cuban medical personnel working there to immigrate to the United States under a special US program launched in 2006 that expedites their applications.

Tuesday, August 25th 2015 - 14:48 UTC

Rousseff ever more lame: VP Temer to drop as political coordinator

Temer is an important ally of Rousseff and his decision will further complicate the unpopular president, who is facing calls for her resignation or impeachment

Brazilian Vice President Michel Temer has decided to drop his role as day-to-day political coordinator in Congress for President Dilma Rousseff but is not leaving her government, two sources in the administration said on Monday.

Tuesday, August 25th 2015 - 14:43 UTC

Brazil's electoral authority investigating funding of Rousseff's presidential campaign

Gilmar Mendes said a 17-month investigation found evidence that Rousseff’s Workers’ Party (PT) was indirectly funded by money stolen from Petrobras.

The vice-president of Brazil’s TSE electoral authority has asked for an investigation of President Dilma Rousseff’s 2014 re-election campaign, citing evidence that it may have been financed with money from a corruption scheme at state-run oil firm Petrobras.

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