Stories for January 2012

Friday, January 20th 2012 - 08:19 UTC
Falklands vessels can re-flag and operate in Mercosur ports, says Hague

Ships from the Falkland Islands that are barred from ports in Argentina and other Mercosur trade bloc countries can re-flag as British ships at any time to avoid the ban, British Foreign Secretary William Hague told reporters in Rio de Janeiro on Thursday.
Friday, January 20th 2012 - 08:03 UTC
Fitch anticipates it will review ratings of six Euro zone states

Fitch expects its ratings review of six Euro zone states will result in downgrades of one to two notches in most of those countries, senior director Ed Parker said at a Fitch conference in Madrid.
Friday, January 20th 2012 - 08:01 UTC
Bill for the BP oil spill in the Gulf of Mexico could reach 20/25 billion dollars

British Petroleum is likely to agree to pay the US Department of Justice 20 to 25 billion dollars to settle all charges around the Gulf of Mexico oil spill, according to a leading analyst, a prediction that is at least twice what the company has set aside.
Friday, January 20th 2012 - 07:58 UTC
UK unemployment hits 2.69 million (8.4%), highest since January 1996

UK unemployment rose by 118,000 in the three months to November to 2.69 million, official figures show. The Office of National Statistics (ONS) said the unemployment rate also rose to 8.4% from 8.3%, the highest since January 1996.
Friday, January 20th 2012 - 07:52 UTC
Labour market improving in the US, unemployment at it lowest since April 2008

While the Republicans can’t agree on a presidential candidate and continue to lash their own hopefuls, US president Barack Obama has been receiving additional good news from the jobs market.
Friday, January 20th 2012 - 07:50 UTC
Argentina considers Brazil’s complaints about trade restrictions ‘unjustified”

The head of the Argentine Industrial Union (UIA), José Ignacio de Mendiguren said on Thursday that the complaints from Brazil over the Argentine import restrictions are “unjustified”.
Friday, January 20th 2012 - 07:47 UTC
Murdoch’s group acknowledges covering up illegal tapping and destroying evidence

The British newspaper arm of Rupert Murdoch's News Corp has acknowledged to victims that executives covered up the scale of illegal activity by destroying evidence and lying to investigators, victims' lawyers said.
Friday, January 20th 2012 - 07:37 UTC
Hague reaffirms sovereignty and values discussing Falklands self-determination with Brazil

Foreign Secretary William Hague during a major speech on foreign policy in Brazil said that the UK will always uphold sovereignty over the Falkland Islands and the rights of the Islanders to self determination.
Friday, January 20th 2012 - 07:27 UTC
Obama confirms attendance to regional summit; wants closer links with the region

United States Under Secretary of State for Democracy and Global Affairs Maria Otero said that one of the main purposes of President Barack Obama attendance to the coming Summit of the Americas in Colombia is to establish closer links with the region.
Friday, January 20th 2012 - 07:24 UTC
Sawle tells Argentina to leave the Falklands in peace and respect their right to self determination

Britain nowadays is not a colonialist country and Argentina should leave the Falkland and its people in peace and respect their right to self determination, said Falklands elected member of the Legislative Assembly Dick Sawle quoted in the Argentine media.