Saturday, February 21st 2015 - 04:40 UTC

US top news figure admits he never was in the Falklands during the 1982 war

O'Reilly said what he meant by ”active war zones ... (in) the Falklands” was the tumultuous street demonstrations in Buenos Aires that erupted after the war.

Another United States prominent TV news figure has been accused of exaggerating his exploits while covering combat situations: this time it's Fox News' Bill O'Reilly and refers to his alleged coverage of the Falklands' war in 1982.

Saturday, February 21st 2015 - 04:27 UTC

Hammond reiterates in Spain: no talks against the wishes of Gibraltar

Hammond and García-Margallo talked about 'bilateral dialogue', border delays, aviation, but also addressed international pressing issues

The British and Spanish foreign ministers sought to highlight a renewed drive toward an ‘ad hoc’ dialogue on Gibraltar this week, but in doing so drew firm red lines that signaled just how difficult that task will prove. The coordinated message was positive and hinted at the possibility of talks ‘in the near future’ if a format could be agreed. But on core issues, there was no change.

Friday, February 20th 2015 - 17:06 UTC

Global warming impact on fisheries is 'uncertain', says study

Upwelling of colder nutrient-rich water, significant for marine productivity with climate warming could enhance some of the world's most important fisheries.

A new study suggests that global warming may increase upwelling in several ocean current systems around the world by the end of this century, especially at high latitudes, and will cause major changes in marine biodiversity.

Friday, February 20th 2015 - 16:53 UTC

Gobbling penguins can taste only sour and salty food, reveals study

Penguins behavior of swallowing food whole, and their tongue structure and function, ”suggest that penguins need no taste perception”

Penguins can taste only sour and salty food, scientists have discovered. A genetic study suggests the flightless birds lost three of the five basic tastes long ago in evolution. Taste is critical for survival in most animals, but may not matter in the penguin, which swallows fish whole, say researchers in China and the US.

Friday, February 20th 2015 - 07:44 UTC

Beija-Flor, the top samba group this year in Rio's Carnival, but who's behind?

In an emailed statement, Beija-Flor insisted its parade theme this year was ”strictly cultural and does not address (Equatorial Guinea's) government”.

The Beija-Flor samba group was declared the champion of Rio de Janeiro's hotly contested Brazilian Carnival parade competition on Wednesday. However the group stoked controversy by staging a presentation focusing on Equatorial Guinea, run by Africa's longest-ruling dictator, Teodoro Obiang Nguema Mbasogo.

Friday, February 20th 2015 - 07:28 UTC

Pemex cuts budget and postpones big projects due to sharp drop in oil prices

Mexican export crude-oil blend averaged U$S 86 in 2014, but is currently trading at 49 per barrel, having hit a low of 37 in January, Pemex said.

State-owned oil giant Petroleos Mexicanos, or Pemex, said its board approved budget cuts totaling 62 billion pesos (4.15 billion) and the postponement of some big projects in light of the sharp drop in oil prices.

Friday, February 20th 2015 - 07:16 UTC

Figo pledges to distribute FIFA's reserves and a world cup with 40 teams

“I am proposing 50% of FIFA revenue 2.5billion dollars distributed to national associations over four years” Figo said.

Luis Figo has pledged to distribute “2.5 billion” among the member associations of FIFA if he is elected president in May. He also wants to expand the World Cup, and proposes a term limit of 12 years for the presidency.

Friday, February 20th 2015 - 05:05 UTC

UK inflation 0.3% in January on cheaper petrol and food prices

Chancellor George Osborne tweeted that the low inflation figure was a “milestone for the economy”.

The rate of UK Consumer Prices Index inflation fell to 0.3% in January, its lowest level since records began. Cheaper petrol and lower food prices, helped by a supermarket price war, cut the rate from 0.5% in December, Office for National Statistics figures show.

Friday, February 20th 2015 - 05:00 UTC

Negative inflation in France adds to Euro-zone stagnation and deflation fears

The pattern of declining prices in the Euro-zone is creating a headache for the European Central Bank, which aims to keep inflation “close to, but below” 2%

Inflation in France, the Euro zone's second-biggest economy, was negative in January for the first time in more than five years, the national statistics agency said on Thursday.Prices declined by 0.4% in January compared to the same month last year, INSEE said, noting that France has not seen negative inflation since October 2009.

Friday, February 20th 2015 - 04:51 UTC

Why oil prices must go up

It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find major new discoveries ensures a future of expensive oil.


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