AROUND the Americas yacht Ocean Watch moored in Stanley on Monday as part of its 24,000 nautical mile journey aimed at collecting data sets in a bid to raise global awareness of the oceans.
Argentina’s central bank reserves dispute suffered an expected escalation when on Tuesday Judge Thomas Griesa from New York State placed an embargo on Argentine central bank accounts held in the United States, following a lawsuit filed by investment funds (or “vulture funds”).
Colombia's Constitutional Court should approve a referendum to allow President Alvaro Uribe to run for re-election, the country's ombudsman said on Tuesday, which could open the way for a third consecutive mandate bid in the coming May presidential elections.
Uruguayan president elect Jose Mujica travelled Tuesday to Buenos Aires to hold a meeting with her Argentine peer Cristina Fernandez de Kirchner and other officials, confirming his promise that “we need a healthy and strong relation with Argentina”.
Brazil’s strongest manufacturing organization (and lobby) is considering the possibility that the country “ceases to be tolerant” towards Argentine trade restrictions and consider the possibility of withdrawing from Mercosur.
Venezuelan government inspectors backed by soldiers have shut more than 70 shops in Caracas and other cities accused of trying to cash in on last week's currency devaluation. Soldiers have been on the streets to check prices as people queue to buy imports, fearing prices could rise.
The United States trade deficit shot up nearly 10% to 36.4 billion US dollars in November, hitting a 10-month high, the Department of Commerce said on Tuesday. Demand for imports is growing, as the US economy slowly gets back on its feet.
Venezuela announced electricity cuts on a rotating basis to sections of the country’s capital Caracas and major cities as the government deepens energy rationing amid a drought. In December major industries were forced to limit production.
“Fierce Champion of Falklands traditions,” Jane Cameron was remembered by her Falklands friends and her family at a Memorial Service held in Christ Church Cathedral in Stanley yesterday.
China announced that banks will have to hold more cash in reserves to help cool the world’s fastest-growing major economy as a credit boom threatens to stoke inflation and create asset bubbles.