Two Falkland Islands Members of the Legislative Assembly, Roger Edwards and Ian Hansen will be attending the second annual Overseas Territories Joint Ministerial Conference (JMC) in London on the 25th of November 2013. The Falkland Islands’ delegation will also include HE the Governor Nigel Haywood, Jamie Fotheringham (Head of Policy), and Sukey Cameron (UK Representative).
US bank JP Morgan has agreed to a record 13 billion dollars settlement with US regulators for misleading investors during the housing crisis. It is the largest settlement ever between the US government and a corporation. The bank acknowledged it made serious misrepresentations to the public, but said it did not violate US laws.
Acting Permanent Under Secretary Matthew Rycroft summoned the Spanish Ambassador H.E. Federico Trillo on Tuesday afternoon to raise the United Kingdom’s serious concerns regarding a significant incursion into British Gibraltar Territorial Waters on 18 and 19 November.
United States sided with Spain's Repsol position in the dispute over the seizure of a majority stake in YPF by the administration of Argentine President Cristina Fernandez last year, a dispute which remains unresolved over compensation for the assets.
US Secretary of State John Kerry on Monday declared that a nearly 200-year-old policy which had governed Washington's relations with Latin America was finally dead. Known as the Monroe Doctrine after it was adopted in 1823 by former US president James Monroe, the policy had stated that any efforts by European countries to colonize land in North or South America would be views as aggressive acts and could require US intervention.
A United States appeals court on Monday declined to reconsider an order requiring Argentina to pay 1.33 billion dollars, ruling in favor of bondholders who refused to participate in two debt restructurings spinning out of the country's 2002 default.
Two ladies and daughters of Air Force generals (but from opposite sides) will be disputing the run off on 15 December when the next Chilean president will be elected. Given the fact that on last Sunday's first round Socialist Michelle Bachelet was only three points short of a majority, and over twenty points ahead of conservative Evelyn Matthei there should be no doubts about who will be inaugurated at La Moneda next March 2014.
The European Commission called on Friday for daily cooperation between Gibraltar and Spain regarding the ongoing dispute over border controls and encourages all relevant authorities to strengthen their constructive dialogue with their counterparts for this purpose.
Long gone are the days of easy money, so it seems. Junior energy companies are finding today’s capital to be more expensive and harder to access. In the current market, juniors are fighting an ongoing battle just to balance sustainable growth, manage debt, and to compete with peers for dollars that just aren’t there. When assessing a junior, one must look at how they put their budgets together and maintain them if they’re to survive out there in the wild.
A painting by Francis Bacon of his friend and fellow artist Lucian Freud has become the most expensive artwork ever sold at auction after it fetched 142 million dollars in New York. The triptych, Three Studies of Lucian Freud (1969), is considered one of Bacon's greatest masterpieces.