Stories for January 2012

Wednesday, January 18th 2012 - 03:08 UTC
Relief for Humala as second vice-president finally resigns over corruption claims

Peruvian Vice President Omar Chehade has resigned over corruption allegations but lawmakers expect him to try to hang onto his seat in Congress, where he could face an expulsion vote later this week.
Wednesday, January 18th 2012 - 02:58 UTC
HMS Montrose on patrol in South Georgia and South Sandwich Islands

The Royal Navy Type 23 frigate HMS Montrose”, with a crew of 185 made a several days patrol visit to South Georgia and South Sandwich Islands, GSSI, waters in December.
Wednesday, January 18th 2012 - 02:54 UTC
Thirteen cruise vessels call at South Georgia; growing number of Chinese visitors

Thirteen cruise vessels visited South Georgia last December including new vessel “L'Austral” which, in line with usual practice, was joined by a Government Observer to look at the ship's operation, passenger management and bio-security procedures, reports the South Georgia Newsletter.
Wednesday, January 18th 2012 - 02:47 UTC
Chile’s ENAP plans to drill 15 hydrocarbons exploratory wells in Tierra del Fuego

Chile’s government owned oil and gas company ENAP presented this week the environmental impact study for an exploratory drilling round in the Province of Tierra del Fuego which includes fifteen wells and will demand an investment of 30 million dollars.
Wednesday, January 18th 2012 - 02:38 UTC
Colombia aims to become Latam third largest economy by 2015

Colombia aims to be Latin America's third largest economy after Brazil and Mexico by 2015, said the country's trade minister this week during a business conference in Madrid.
Tuesday, January 17th 2012 - 12:13 UTC
Star Princess ban from Falkland Islands: health reasons not politics

FOR only the second time in recent years, on January 14 the Falkland Islands Government refused permission for a cruise ship to land its passengers in the islands' capital, Stanley. The ship in question was the Star Princess which had 2,608 passengers aboard.
Tuesday, January 17th 2012 - 07:00 UTC
Brazil economy rebounds in November boosted by domestic consumer spending

Brazil’s economy grew at its fastest pace in 19 months in November, reversing a three-month contraction, as a recovery in consumer spending helped Latin America’s largest economy shrug off a global slowdown. Yields on interest rate futures rose.
Tuesday, January 17th 2012 - 06:54 UTC
Rockhopper shares soar as talks for a partner in Falklands’ oil operation advance

Rockhopper Exploration Plc climbed to an 11-month high in London trading after a report that Cairn Energy Plc is in talks with the only company to have made a potentially commercial oil find near the Falkland Islands.
Tuesday, January 17th 2012 - 06:48 UTC
Brazil and FIFA try to solve differences ahead of the 2014 World Cup

Brazil had been demanding too much in negotiating the conditions for hosting the 2014 World Cup but a legal dispute should be settled within days, FIFA said on Monday.
Tuesday, January 17th 2012 - 06:44 UTC
S&P downgrades the European Stability Facility but willing to reconsider

Credit ratings agency Standard and Poor’s downgraded the European Financial Stability Facility (EFSF) from “AAA” to “AA+,” although it does not rule out it would increase it again if it bolsters its funds, according to a communiqué released on Monday.