MercoPress http://en.mercopress.com/ South Atlantic News Agency en Copyright 2017, MercoPress. http://en.mercopress.com/web/img/en/mercopress-logo.gif MercoPress http://en.mercopress.com/ <![CDATA[Falklands' Concordia Bay Ferry service rescheduled due to maintenance repairs]]> Concordia Bay is a 45.5m Landing craft flagged in the Falklands as a passenger/cargo vessel and owned by Workboat Services Ltd.  The Falkland Islands Government and Workboat Service Ltd, WSL, the company which owns the ferry linking East and West Falkland, have informed that the service will be suspended for an estimated two weeks next month, because the Concordia Bay has to undergo maintenance repairs in Punta Arenas.

]]>
Wed, 22 Nov 2017 07:54:00 GMT
<![CDATA[Time and oxygen running out for Argentine missing submarine in the South Atlantic]]> “The most critical situation would be that we are in the sixth day of oxygen,” the navy's spokesman, Capt. Enrique Balbi, “Obviously that is worrisome” Ships and planes combed a wider area of the stormy South Atlantic on Tuesday in a fruitless hunt for signs of a missing Argentine submarine, adding to growing concerns about the vessel not heard from in six days. Argentine navy officials have worried that if the ARA San Juan was intact but disabled underwater, its crew of 44 might have only enough oxygen to last seven days.

]]>
Wed, 22 Nov 2017 07:02:00 GMT
<![CDATA[German business leaders launch a “Battle of Britain” to keep UK in the EU]]> One of the leaders Heinrich Weiss, said: “With Britain, the EU is losing its most important ally in the fight for competitiveness.” A group of influential German business figures have launched a campaign to keep the UK in the European Union. The alliance, dubbed a New Deal for Britain, includes three ex-presidents of the Federation of German Industry.

]]>
Wed, 22 Nov 2017 07:00:00 GMT
<![CDATA[UK warned to keep to the "European model" if it targets an ambitious deal with the EU]]> Michel Barnier said UK must commit to a “level playing field” on issues like fair competition, food safety, social protections and environmental standards. Britain’s hopes of an advantageous free trade agreement with the EU could be dashed if it attempts to use Brexit as an opportunity to abandon the “European model” and transform itself into a low-tax, low-regulation economy, Brussels’ chief negotiator has warned.

]]>
Wed, 22 Nov 2017 06:57:00 GMT
<![CDATA[ECB warns banks that they "need to have substance locally" in post Brexit]]> The Bank of England has said it is braced for the potential loss of 75.000 finance jobs following Britain's departure from the European Union. European regulators have warned banks working on post-Brexit plans that they will "need to have substance locally" to serve European clients. The European Central Bank said some of the proposals it has reviewed are inadequate and risk creating "empty shells".

]]>
Tue, 21 Nov 2017 13:16:00 GMT
<![CDATA[Brazilian Federal Police has new chief who pledges "to leave aside vanity and thirst for power"]]> Segovia has worked for the federal police for 22 years and said he will make the fight against corruption a priority. A new boss took over Brazil's federal police on Monday despite criticism that he would block a probe into unpopular Brazilian President Michel Temer, who is being investigated by the force. Several Brazilian media outlets reported that Fernando Segovia's appointment was supported by government ministers also implicated in federal police investigations.

]]>
Tue, 21 Nov 2017 11:23:00 GMT
<![CDATA[London looses European Banking Authority to Paris and European Medical Agency to Amsterdam]]> Paris was picked after lots were drawn when three rounds of voting failed to produce a winner. EMA and the EBA currently employ 1,000 people in London. Paris has won a battle to host the European Banking Authority (EBA), which will relocate from London after the UK leaves the European Union. The French capital's victory follows a win earlier for Amsterdam, which will host the London-based European Medicines Agency (EMA).

]]>
Tue, 21 Nov 2017 09:55:00 GMT
<![CDATA[Wales and Galicia sign bilateral accord to minimize Brexit impact for fishing sector]]> President of the Xunta Alberto Núñez Feijóo met with Prime Minister of Wales, Carwyn Jones. (Photo: Xunta de Galicia) Galicia and Wales intend to sign their own bilateral agreement to try to minimize the impact that Brexit will have and avoid damage to the fishing sector. The announcement was made by Galician president Alberto Núñez Feijoo, after having obtained a positive response to his invitation to the Welsh prime minister, Carwyn Jones.

]]>
Tue, 21 Nov 2017 09:27:00 GMT
<![CDATA[Goldman Sachs CEO on Brexit: "So much at stake, why not make sure consensus still there?"]]> Blankfein added: better sense of the tough and risky road ahead. Reluctant to say, but many wish for a confirming vote on a decision so monumental and irreversible. The chief executive of Goldman Sachs, Lloyd Blankfein, has suggested holding another referendum on Brexit and tweeted: "Here in UK, lots of hand-wringing from CEOs over #Brexit... So much at stake, why not make sure consensus still there?"

]]>
Tue, 21 Nov 2017 09:22:00 GMT
<![CDATA[Hopes to find missing submarine ARA San Juan fading after five days]]> Commander Gabriel Galeazzi revealed the submarine had surfaced and reported an electrical malfunction before it disappeared 432 km off the coast on Wednesday. Argentine submarine ARA San Juan reported an electrical problem and was headed back to base when it went missing last week in the South Atlantic, the navy said on Monday, while storms complicated efforts to find the vessel and its 44 crew members.

]]>
Tue, 21 Nov 2017 08:26:00 GMT