Stories for June 8th 2010

Tuesday, June 8th 2010 - 23:58 UTC
PM Cameron hosts Margaret Thatcher at 10 Downing Street

British Prime Minister David Cameron has welcomed Conservative predecessor Baroness Thatcher back to 10 Downing Street for a reception in her honour.
Tuesday, June 8th 2010 - 23:56 UTC
Bolivian president Morales re-elected as head of coca-growers federation

President Evo Morales has been re-elected as head of Bolivia's largest coca-growers union, a post he has held for more than two decades.
Tuesday, June 8th 2010 - 23:46 UTC
US Fed Reserve in no hurry to raise benchmark interest rates

United States Federal Reserve Bank of Chicago President Charles Evans reiterated on Tuesday that now is not the right time for the US central bank to raise benchmark interest rates. He also said the US unemployment rate will decline slowly after the “disappointing” May jobs report.
Tuesday, June 8th 2010 - 23:43 UTC
Colombia’s Santos consolidates a clear majority for the June 20 run-off

Colombian presidential candidate Juan Manuel Santos continues to collect support for the coming run-off next June 20, following the decision of another political party to back him.
Tuesday, June 8th 2010 - 21:12 UTC
Falklands’ new First Secretary looking forward to a ‘politically peaceful three years’

New Falkland Islands Government House First Secretary Ric Nye is hopeful of a politically peaceful three years in the Islands.
Tuesday, June 8th 2010 - 18:42 UTC
Spanish judges and prosecutors visit Gibraltar to foster professional contacts

A group of Spanish judges and prosecutors paid a historic first visit to Gibraltar’s courts on Monday. This was the second part of a cross-border initiative that aims to foster professional contacts between judges on both sides of the Bay of Gibraltar, reports the Gibraltar Chronicle.
Tuesday, June 8th 2010 - 18:41 UTC
New round of talks in Paraguay to consider Venezuela’s Mercosur incorporation

Top level discussions will be held between members of the Paraguayan Executive and Congress to try and convince lawmakers to vote Venezuela’s incorporation to Mercosur and Paraguayan membership of Unasur (Union of South American Nations) that have been stalled for months.
Tuesday, June 8th 2010 - 16:23 UTC
Falklands’ Rockhopper raises £48.5 million to fund more offshore drilling operations

Rockhopper Exploration announced on Tuesday it had raised £48.5m from the stock market to fund its drilling operations off the Falklands Islands. Last week Rockhopper revealed that its first well in the North Falkland Basin, called Sea Lion, had found much more oil than expected.
Tuesday, June 8th 2010 - 11:35 UTC
Desire Petroleum plc PR

Desire Petroleum plc (AIM:DES) the exploration company focusing on the North Falkland Basin is pleased to announce that, at the Annual General Meeting of the Company held today, all resolutions were passed.
Tuesday, June 8th 2010 - 11:26 UTC
Pound falls as Fitch warns of UK's ‘formidable’ debt challenge

The pound fell in late morning deals after credit ratings agency Fitch warned the debt challenge facing the UK government was 'formidable', and that cuts would have to be deeper and quicker than former chancellor Alistair Darling had planned.