Stories for March 14th 2011

Monday, March 14th 2011 - 18:01 UTC
Falklands’ oil company announces further drilling and seismic surveying

One of the Falkland Islands oil and gas exploration companies currently involved in the oil exploration round with licences granted by the Falklands’ government announced it plans further drilling and has acquired new 3D seismic data while it continues with the wider seismic program.
Monday, March 14th 2011 - 07:05 UTC
Second explosion at nuclear plant damaged by Japan’s earthquake

A second explosion has hit the nuclear plant in Japan that was damaged in Friday's earthquake, but officials said it had resisted the blast. TV footage showed smoke rising from Fukushima plant's reactor 3, a day after an explosion hit reactor 1.
Monday, March 14th 2011 - 06:58 UTC
CFK on the re-election campaign trail as the ‘natural candidate’

Argentine President Cristina Fernandez de Kirchner is the “natural candidate” for next October election to ensure the continuation of the current productive and job creating model, according to several cabinet ministers who attended a political rally in support of the still undeclared candidate.
Monday, March 14th 2011 - 06:53 UTC
Why CFK turned her back on the Obama-mania spell and returned to Chavez

Argentine president Cristina Fernandez de Kirchner (CFK) behind doors in Government House criticized her peer from Venezuela Hugo Chavez saying “he speaks before stopping to think” and praised US president Barack Obama insisting she was interested in having “closer relations with United States”, according to the latest revelations from Wikileaks.
Monday, March 14th 2011 - 06:50 UTC
Brazil preparing plan to stimulate industry and cut knick-knack Chinese imports

Brazil imports too many knick-knacks from China complained Brazilian president Dilma Rousseff, who next month makes an official state visit to the Asian giant, according to reports in the Sao Paulo press
Monday, March 14th 2011 - 06:45 UTC
China working to become a leading defence-industrial power, says British report

China has set its sights on joining the ranks of the world's leading defence-industrial powers, amid growing concerns in India over Beijing's recent assertiveness and its change in policy towards New Delhi's row with Pakistan over Kashmir, according to a top UK think tank.
Monday, March 14th 2011 - 06:36 UTC
India becomes world’s top weapons importer; US largest exporter, says SIPRI

India replaced China as the world’s top weapons importer, according to a study by the Stockholm International Peace Research Institute, SIPRI, as it aims to modernize its armed forces and project power through the region.
Monday, March 14th 2011 - 06:31 UTC
Brazil’s military hardware in very poor conditions, alleged Defence report

Brazilian Armed Forces military equipment is ‘obsolete’ and not in condition to be displayed in case of a conflict according to an official reports published Sunday the Folha de Sao Paulo.
Monday, March 14th 2011 - 06:24 UTC
Dangerous neurotoxin could be responsible for massive death of fish in California

Dead fish found in the King’s Harbor Marina in Redondo Beach, California, this week have tested positive for a dangerous neurotoxin. The California Department of Fish and Game originally blamed the die-off on oxygen deprivation.
Monday, March 14th 2011 - 03:52 UTC
Russian oligarchs turn Moscow to the world’s billionaire capital

Russian oligarchs are back with a bang, making Moscow officially the world’s billionaire capital. Profiting from the recent commodity boom, the number of the country’s billionaires — most of whom built their empires during Russia’s anarchic 1990s — grew two thirds to 101, from last year’s 62, according to Forbes.