Stories for February 2010

Saturday, February 27th 2010 - 07:31 UTC
Falklands a “bilateral issue between Argentina and UK”, insists Washington

The Falkland Islands and the political figure of President Barak Obama were among the issues addressed by United States Assistant Secretary for Western Hemisphere Affairs Arturo Valenzuela during a Friday mid day press conference in anticipation of Secretary of State Hillary Clinton’s trip to five countries of the region.
Saturday, February 27th 2010 - 07:21 UTC
Greek/German row leads to claims of World War II compensations

Greek Deputy Prime Minister Theodoros Pangalos has accused Germany of failing to compensate Greece for Nazi occupation during World War II. Mr Pangalos made the remarks during a wide-ranging BBC interview about Greece's financial difficulties.
Saturday, February 27th 2010 - 07:17 UTC
IMF warns of asset bubbles in Brazil and Indonesia

International Monetary Fund, IMF, chief Dominique Strauss Khan warned that Brazil and Indonesia and other emerging countries are in “real risk” of suffering an assets price bubble given the inflow on foreign capital.
Saturday, February 27th 2010 - 00:49 UTC
US says China remains largest holder of Treasury securities

Japan did not surpass China to become the world’s largest foreign holder of US Treasury securities in December, reported the US Treasury Department on Friday following a revision to figures released earlier this month.
Saturday, February 27th 2010 - 00:47 UTC
IMF chief suggests “exploring” possible new international reserve currency

The head of the International Monetary Fund said it would be “intellectually healthy to explore” the possible creation of an international reserve currency that would serve as an alternative to the US dollar-.
Saturday, February 27th 2010 - 00:42 UTC
Iceberg size of Luxembourg knocks loose and could disrupt weather patterns

An iceberg the size of Luxembourg knocked loose from the Antarctic continent earlier this month could disrupt the ocean currents driving weather patterns around the globe, researchers said on Friday.
Friday, February 26th 2010 - 19:28 UTC
Falkland Islands: Desire chief says it’s boom or bust as drilling begins

FOUR days into a drilling operation that has captured the attention of the world’s media, Desire Petroleum’s Operations Director Bob Lyons conceded: “This is it: we’re a one trick pony. It’ll either be successful or it won’t. It is very simple.”
Friday, February 26th 2010 - 16:55 UTC
China recommends US takes steps to promote confidence in the dollar

China defended its move to reduce its holdings of U.S. Treasury securities, saying the United States should take steps to promote confidence in U.S. dollar.
Friday, February 26th 2010 - 16:49 UTC
The Economist: Kirchners recipe for continued decline

Leaving aside much of the London media rhetoric about a build-up or even a possible re-edition of 1982, between Argentina and the UK over the Falklands and South Atlantic islands sovereignty, The Economist adopts a more common sense and pragmatic attitude about the controversy over oil exploration in the South Atlantic.
Friday, February 26th 2010 - 06:50 UTC
Falklands’ oil companies could be takeover targets, says financial report

United Kingdom oil and gas companies drilling near the Falklands Islands may become takeover targets this year, Deloitte & Touche LLP said in a report released Thursday in London.