Stories for January 2012

Saturday, January 14th 2012 - 06:16 UTC
Bolivia ratifies complete support for Argentina’s Malvinas sovereignty claim

Bolivian president Evo Morales said the Malvinas Islands are Argentine and gave full support to his peer Cristina Fernandez siding with Mercosur in the dispute with the UK over the South Atlantic Islands sovereignty and the latest decision to bar all Falklands flagged vessels from regional ports.
Saturday, January 14th 2012 - 06:13 UTC
Chevron, Repsol and Statoil to drill offshore Newfoundland and Labrador

Chevron Canada Ltd., a big player in Canada's offshore oil industry, has struck a deal with Norwegian and Spanish oil companies to carry out exploration off the coast of Atlantic Canada.
Saturday, January 14th 2012 - 06:09 UTC
Eight dead and scenes of panic as cruise vessel hits a reef in Italian coast

At least eight people are dead after a cruise ship ran aground off the Italian coast in an accident which forced the Italian coast guard to evacuate over 4000 people, according to Italian media reports.
Saturday, January 14th 2012 - 06:03 UTC
Brazil warns it is ready to respond to Argentina’s new trade restrictions

Brazil's government is ready to respond to Argentine trade restrictions introduced this week but will evaluate the impact of the measures before making any retaliatory moves, trade officials said Friday.
Saturday, January 14th 2012 - 06:01 UTC
Link between eating processed meat and pancreatic cancer in Swedish research

A link between eating processed meat, such as bacon or sausages, and pancreatic cancer has been suggested by researchers in Sweden. They said eating an extra 50g of processed meat, approximately one sausage, every day would increase a person's risk by 19%.
Saturday, January 14th 2012 - 05:57 UTC
UK student to be extradited to the US for hosting hacked films and TV programs

A UK student from Sheffield can be extradited to the US to face copyright infringement allegations, a judge has ruled. Richard O'Dwyer, 23, set up the TVShack website which US authorities say hosts links to pirated copyrighted films and television programs.
Friday, January 13th 2012 - 22:47 UTC
Falkland Islands Holdings agrees to subscribe 2 million new shares from FOGL

Falkland Islands Holdings has agreed to subscribe for 2 million new shares placed by Falkland Oil and Gas Limited. FIH says the £860,000 cost of the shares will be met from the group's existing cash resources.
Friday, January 13th 2012 - 22:37 UTC
Brazil's orange juice threatened by the discovery of the fungicide carbendazim

Orange-juice futures rebounded from the biggest two-day slump since 2008 on renewed concern that a US government probe of imports from Brazil will tighten supplies. The Food and Drug Administration said it will detain all imports that contain carbendazim, a fungicide that isn’t approved for oranges in the US.
Friday, January 13th 2012 - 21:48 UTC
UK producer prices drop in December; further emergency stimulus anticipated

The prices of goods leaving Britain's factories surprisingly fell in December compared with November, confirming expectations that inflation is set to ease further this year, official data showed Friday.
Friday, January 13th 2012 - 21:18 UTC
S&P downgrades France’s rating; Greek swap talks on hold; Euro hits new low

Stock markets and the Euro traded lower Friday as Greek debt swap talks were put on hold and France’s Finance minister confirmed that Standard & Poor’s has downgraded the country’s credit rating.