Politics

Politics
Wednesday, July 23rd 2014 - 06:51 UTC

Argentina claims Griesa is blocking bondholders money and using 'vulture funds' language

Kicillof and Cristina Fernandez met for several hours before making official the release late Tuesday

Argentina reacted strongly to Tuesday's events in the New York federal court which denied its stay request, claiming Judge Thomas Griesa “did not solve absolutely any of the issues for which he summoned today's audience”, insisting with his “unbelievable ban” on structured bonds' collecting their payment.

Wednesday, July 23rd 2014 - 06:42 UTC

Holdouts want to sit down with Argentina and solve the dispute; 'countdown clock'

Paul Singer, head of NML Capital

Following on Tuesday's audience with Judge Thomas Griesa, NML Capital the leading speculative fund litigating with Argentina, issued a release saying “it is willing to hold a meeting with 'Special Master' Daniel Pollack and Argentina to solve the dispute”.

Wednesday, July 23rd 2014 - 06:30 UTC

Falklands' HMS Illustrious back in Portsmouth for the final time; HMS Ocean to replace her

The ship, carrying its 700-strong crew, gave a gun salute as it arrived at Portsmouth Harbor and military aircraft performed a fly-past (Pic PA)

The Royal Navy's helicopter carrier and Falklands' conflict veteran HMS Illustrious has returned to Portsmouth for the final time. Crowds lined the port to welcome the warship, which will retire after 32 years of service. The carrier, which clocked up 898,893 miles on operations, will be replaced by HMS Ocean, which has just received a £65m refit.

Wednesday, July 23rd 2014 - 01:41 UTC

HMS Iron Duke on South Atlantic patrol exercises in Ghana and Guinea

HMS Iron Duke, RFA (top) Black Rover and the French frigate Commandant Blaison in the Gulf of Guinea

Two British Naval Ships, HMS Iron Duke and RFA Black Rover, on Monday arrived at the Ghana Western Naval Command for a four-day visit, reports Ghana Web. The crew of the ships and the Ghana Navy would conduct joint operational training, sporting and community relations activities.

Wednesday, July 23rd 2014 - 01:10 UTC

Griesa rejects 'stay'; orders Argentina and holdouts to meet 'round the clock' to reach a deal

Griesa said an Argentine default would be “most unfortunate” because it would hurt 'real people' and urged Argentina to take “sensible steps”

US Judge Thomas Griesa rejected on Tuesday Argentina’s request for a suspension ('stay') on the ruling that ordered Buenos Aires to pay 1.3 billion dollars plus interests to holdout speculative funds and instructed Argentina and holdouts to meet on Wednesday morning for a first face-to-face meeting.

Tuesday, July 22nd 2014 - 23:35 UTC

Criminal investigation into possible price rigging in London foreign exchange market

The probe will look into allegations of “fraudulent conduct”, David Green, director of the SFO said in a statement. (Photo The Telegraph)

The United Kingdom Serious Fraud Office (SFO) has launched a criminal investigation into allegations of price rigging in the £3tn-a-day foreign exchange market. The probe will look into allegations of “fraudulent conduct”, the director of the SFO said in a statement.

Tuesday, July 22nd 2014 - 22:59 UTC

A racehorse owned by Queen Elizabeth has tested positive for morphine

 The Queen celebrating Estimate Gold Cup success Royal Ascot last year

A racehorse owned by the Queen has tested positive for morphine. Buckingham Palace said the banned substance was found in Estimate, trained by Sir Michael Stoute, reports the BBC. Initial indications are that the positive test resulted from the consumption of a contaminated feed product, the Palace said.

Tuesday, July 22nd 2014 - 22:36 UTC

US and EU ban airline flights to Israel after Hamas rocket lands near Tel Aviv airport

The Federal Aviation Administration ordered the ban and said it would continue to monitor the situation.

The United States Federal Aviation Administration, FAA, is prohibiting US airlines from flying to Israel's international airport in Tel Aviv for 24 hours, after a rocket fired by Hamas militants in Gaza landed nearby, damaging a house and slightly injuring one Israeli. European airlines quickly canceled their flights as well.

Tuesday, July 22nd 2014 - 21:10 UTC

“We are Falklands” photo exhibition opened in The Mall Galleries in London

Falkland Islands government representative in London Sukey Cameron during the opening of the exhibition

“We Are Falklands” an exhibition collecting works from Falkland Islanders and amateur photographers opened on Monday to the general public at The Mall Galleries in central London.

Tuesday, July 22nd 2014 - 19:54 UTC

Falklands' largest ever squad competing at Commonwealth Games in Glasgow

Badminton squad: Sonia Arkhipkina, Laura Minto, coach Rebecca Pantaney, Doug Clark, physio Nat Hill, Chris Eynon, Anna Luxton, Dominic Jaffray, Louise Williams, Ross Stewart and Michael Brownlee

Commonwealth Games take off in Glasgow, Scotland on Wednesday with the Falklands squad the largest the Islands have ever sent to the Games. Falklands will be competing in Badminton, Lawn Bowls and Shooting. The Games are estimated to have a global audience of 1.5 billion during the lavish opening ceremony.

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