Monday, October 5th 2015 - 08:16 UTC

St Helena airport certification exercises planned for this month and November

The Beechcraft King Air 200 aircraft at St Helena airport

British Overseas Territory St Helena is closer to the official opening of its airport following a series of calibration flights by the first aircraft to successfully land and takeoff from the mid Atlantic island.

Monday, October 5th 2015 - 07:35 UTC

“Hands off, Tories will never sell out the Falklands”:Hammond's message to Cristina Fernandez

Hammond said the right to self-determination is being challenged not only in eastern Europe and the Middle East, but also in Gibraltar and South Atlantic.

UK Foreign Secretary Philip Hammond has issued a firm hands-off warning to Argentina by insisting the government will “never sell out” the Falkland Islands. The Foreign Secretary insisted the “bullying and harassment” against the Islanders must stop, adding it is counter-productive and “shameful”.

Monday, October 5th 2015 - 07:24 UTC

Support for Falklands and self determination remains solid in Labour conference

Rosie Winterton MP visited the Falklands' stand to present the award. In the picture next to FIGO representative Sukey Cameron

Support for the Falkland Islands and its right to self-determination remains solid, despite the change of leadership in the Labour party, said Sukey Cameron Falkland Islands Government Office (FIGO) in London who is attending with, Islands' lawmakers the round of party conferences in the UK.

Monday, October 5th 2015 - 07:13 UTC

Falklands lawmakers meet Labour MPs and shadow ministers at Brighton conference

Shadow Secretary of State for Defense Maria Eagle at the Falklands stand next to Sukey Cameron, MLA Jan Cheek and MLA Roger Edwards

Busy days for Falklands lawmakers and the representative of the Islands' government office in London, FIGO, as they attend the round of British parties conference in England for political contacts and to commercially promote the Falklands.

Saturday, October 3rd 2015 - 08:47 UTC

Argentina will pay $5.9bn mature Boden 15 bonds on Monday, and issue new debt

Argentina targets raising $500 million in the auction of notes under Argentine law. The new Bonar 20 will carry an 8% coupon, minister Kicillof announced

Argentina on Monday will pay the $5.9 billion maturity due for its Boden 15 bonds in cash and issue new debt the following day, Economy Minister Axel Kicillof said on Friday. Argentina which is in technical default on some debt because of a legal fight with bondholders in the United States, targets raising $500 million in the auction of notes under Argentine law, Kicillof told a news conference.

Saturday, October 3rd 2015 - 07:37 UTC

Gibraltar's new governor is a former Royal Marine, who takes office in early 2016

Lieutenant General Davis, 52, born in Herefordshire, will take up his position in early 2016 and will succeed Sir James Dutton

In a press release issued by the Foreign and Commonwealth Office on October 1, it was announced that the new Governor of Gibraltar would be former Royal Marine Lieutenant General Edward (Ed) Davis CB CBE.

Friday, October 2nd 2015 - 06:19 UTC

Cold 'blob' in part of North Atlantic Ocean puzzles scientists

Located close to Greenland, the Atlantic “blob” started appearing on maps and data software across the world a couple of years ago.

Over the past few months, scientists have been trying to explain an area of very cold temperatures in a part of the North Atlantic Ocean. In fact, when the rest of the world was recording above average highs in temperature, making the year the hottest to-date, this part of the Atlantic was cold. The area is being called the Atlantic “blob.”

Friday, October 2nd 2015 - 06:09 UTC

Zurich, Geneva and New York, most expensive cities in the world, says UBS

New York is the third-most expensive; excluding rent, and rises to the top spot when rent is included.

UBS released on Thursday the 16th edition of its UBS Prices and Earnings study, which examines prices, wages and earners' purchasing power in 71 cities worldwide. The study, published roughly every three years since 1971, compiles over 68,000 data points reflecting economic events that have shaped the world since the last edition in 2012.

Friday, October 2nd 2015 - 05:58 UTC

Mercosur and EU analyze 'level of ambition' of their trade proposals

The two-day talks are scheduled to end on Friday and on the EU side are headed by Rupert Schlegelmilch, who is a Director of the EU Trade Department

Technical delegates from Mercosur and the European Union are holding a round of talks in Asunción to consider 'levels of ambition' for the coming exchange of tariff proposals with the purpose of reaching a much delayed free trade agreement, said Paraguayan Deputy Economic Relations minister, Rigoberto Gauto.

Friday, October 2nd 2015 - 05:42 UTC

Italian oil giant ENI to attempt oil production in the Norwegian Arctic

The project’s 64,000-tonne floating platform is already in place and its wells have been drilled, ready for imminent production.

As Shell retreats from the Arctic, the Italian oil giant Eni is making final preparations for its own oil exploration venture in the Norwegian Arctic, reports the UK media. Eni has vowed to press ahead with oil production ($5.5bn project), in the Norwegian Arctic, by the end of the year, undeterred by Shell’s decision to abandon its quest for Arctic oil.


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