Stories for January 2012

Monday, January 23rd 2012 - 23:36 UTC
IMF and Germany can’t agree on road map for Euro zone rescue

IMF chief Christine Lagarde urged on Monday European governments to increase their financial firewall to prevent Greece’s troubles from ensnaring bigger countries like Italy and Spain.
Monday, January 23rd 2012 - 18:27 UTC
Caribbean Community recognizes Falklands’ right to self determination

Ministers attending the Seventh Ministerial United Kingdom-Caribbean Forum have agreed an Action Plan, which recognises the right of self determination for the Falkland Islanders.
Monday, January 23rd 2012 - 17:19 UTC
US oil company makes 1.6bn dollars offer for Falklands’ Rockhopper: shares soar

Rockhopper Exploration Plc shares surged in London trading following a report that Texas based Anadarko Petroleum Corp. is in talks with the only company to have made a commercial oil discovery off the Falkland Islands.
Monday, January 23rd 2012 - 17:14 UTC
Six out of ten Brazilians belong to the middle class, says report

The middle class in Brazil during the last decade expanded to reach 90 million out of a population of almost 200 million, according to paper from consultants Datafolha.
Monday, January 23rd 2012 - 17:06 UTC
Brazilian Army and Navy won’t hand documents from the military regime time

The Brazilian Army and Navy have not handed over documents dating back to the years of the military dictatorship (1964/1985), in spite of an official request from former president Lula da Silva five years ago.
Monday, January 23rd 2012 - 17:00 UTC
UK offshore drilling activity in UK waters fell to its lowest since 2003

Offshore drilling activity in UK waters fell by a third last year to its lowest level since 2003, going against a trend of increased exploration and appraisal activity in the rest of north-west Europe, according to a new report.
Monday, January 23rd 2012 - 16:51 UTC
Falklands: The years that count and those that don't

By John Fowler - This is the sixth of a series of extended political articles written exclusively for the Penguin News web site by Deputy Editor John Fowler. John is a former Superintendent of Education and a former Manager of the Falkland Islands Tourist Board.
Monday, January 23rd 2012 - 16:47 UTC
Repsol-YPF begins exploratory drilling off Cuba closet o the Florida Keys

A large oil rig has arrived off the coast of Cuba to begin searching for offshore oil deposits. Several international companies will use the rig to drill exploratory wells in deep water in the Florida Strait, which separates Cuba from the US.
Monday, January 23rd 2012 - 16:42 UTC
HMS Victory, ‘mightiest vessel of the 18th century’ to be rescued from the sea bed

The remains of a 300-year-old Royal Navy warship are to be raised from the sea bed, according to reports. The wreck of HMS Victory, a predecessor of Nelson's famous flagship, was found near the Channel Islands in 2008.
Monday, January 23rd 2012 - 16:36 UTC
Fire in Florida destroys one of the world’s oldest cypresses: 3.500 years

The cause of an early morning fire in Florida State Seminole County that destroyed one of the world's oldest cypress trees, 3.500 years, remained a mystery, but a state forestry investigator is convinced it was not the work of an arsonist.