Current Edition

Current Edition
Thursday, September 11th 2014 - 04:48 UTC

Judge Griesa will wait for appeals court ruling before acting on holdouts' Citibank subpoena

“It almost goes without saying whatever the court of appeals decides will have an effect on the issues we're dealing with here,” Griesa said.

US district judge Thomas Griesa has said he would wait for a decision on a pending appeal before ordering Citigroup to comply with a subpoena served by holdout investors seeking details of any threats from Argentina to process payments the court had blocked.

Thursday, September 11th 2014 - 04:30 UTC

Despite all the negative economic data, Argentina's stock market has almost doubled this year

Much of the money flowing into Argentina's Merval this year has come from wealthy Latin American investors

Despite all the negative news on government restrictions imposed on the Argentine economy and the shortage of hard currency, the country's Merval Index has skyrocketed almost 100% this year, the highest of any stock market in the world. It includes many of the largest companies in the country such as Telecom Argentina and Energy Petrobras, along with banks and a steel maker.

Thursday, September 11th 2014 - 03:12 UTC

Falklands explore potential for small-scale commercial fishery with 20 focal species

Chilean urchin  - Loxechinus albus (|Pic: SMSG)

By Dr. Deborah Davidson - The South Atlantic Environmental Research Institute (SAERI) has been established since March 2012, and already has an expanding team of 12 employees based in Stanley (one of whom is a PhD student), five international PhD students, and three employees based in Ascension Island and one working in Saint Helena - all on various projects.

Wednesday, September 10th 2014 - 07:35 UTC

Caribbean nations beaches disappearing because o rising sea level and recurring storms

The World Bank said beaches are not the only concern, stating that Caribbean ports and the capital are also at risk from rising sea levels.

The World Bank says due to rising sea levels and recurring storms, the beaches in most Caribbean nations have started to disappear. In a new report, the Washington-based financial institution said, in some areas of St. Vincent and the Grenadines, for instance, an estimated 18-30 meters of beach have been lost over the last nine years.

Wednesday, September 10th 2014 - 07:22 UTC

Cuba restricts personal importation of foreign goods, “to curb abuses”

According to the list, for example, 22 pounds of detergent will be allowed instead of 44; one set of hand tools instead of two; and 24 bras instead of 48.

Cuba has implemented new rules that will restrict the personal importation of foreign goods into the country except where locally made items are expensive and scarce.

Wednesday, September 10th 2014 - 06:59 UTC

Argentina plays the China card to bolster reserves: 800m pledged in first tranche

Central bank president Fabrega from Basel left for Beijing

The Argentine Central Bank foreign reserves would be bolstered this year with up to 800 million dollars in Yuans transferred by China due to the first tranche of the money of the swap agreement signed between both countries, according to banking sources in Buenos Aires.

Wednesday, September 10th 2014 - 06:53 UTC

Falklands' capital Stanley three oldest buildings incorporated to new museum

The location of the Falkland Islands new Historic Dockyard museum to be opened to the public next Friday, adds to its historical importance and incorporates three of the oldest buildings in the capital Stanley built in the 1840s. Store House Nº1 is the largest converted space and is known locally as the Central Store, the Black Smiths shop several other small buildings have also been renovated from their neglected states and converted into exhibition spaces.

Wednesday, September 10th 2014 - 06:41 UTC

Falklands new Historic Dockyard Museum opens to the public on Friday

Guest of honour, Sir Neil Cossons OBE, (*) declared the Historic Dockyard Museum officially open with a ringing of the Dockyard bell

After decades of planning, and a huge amount of dedication from the Falkland Islands Museum and National Trust (FIMNT) and supporters, the Falkland Islands’ new Historic Dockyard Museum is nearing completion. Approximately 100 invited guests attended the launch event on Saturday 6th September, and the building will be open to the public on Friday 12th September.

Wednesday, September 10th 2014 - 06:28 UTC

Greenhouse gases in atmosphere reached a record high in 2013 says WMO

Greenhouse gas emissions are rising mainly due to industrial growth in China, India and other emerging economy nations

The amount of greenhouse gases in the atmosphere reached a record high in 2013 driven by a surge in the level of carbon dioxide, the World Meteorological Organization said on Tuesday, urging international action to combat climate change.

Wednesday, September 10th 2014 - 06:22 UTC

Cristina Fernandez celebrates the UN assembly vote: “we have to feel proud”

“A world where two or three billionaires can put pressure on the justice system to try and collect usurious gains is not sustainable” said the Argentine president

Argentine President Cristina Fernández praised on Tuesday the United Nations General Assembly approval of a project that proposes legal framework to regulate restructuring of foreign sovereign debt, saying “Argentina has set an international leading case” with the initiative.

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