Stories for April 28th 2012

Saturday, April 28th 2012 - 06:11 UTC
Falklands’ budget enjoys additional surplus boosted by the oil industry

The Falkland Islands oil industry has contributed with an unexpected addition of £9.2M to the Falkland Islands Government (FIG) budget in the first nine months of the financial year 2011/12, reported the Islands government Standing Finance Committee.
Saturday, April 28th 2012 - 06:07 UTC
In a massive rally CFK reaffirms YPF seizure and thanks the opposition’s support

Argentine President Cristina Fernandez in a massive political rally on Friday defended her policy to seize YPF from Spain’s Repsol, thanked the opposition for their legislative support and called on the new generations to defend the “historic legacy”.
Saturday, April 28th 2012 - 06:05 UTC
Argentine imports’ policy again accused of protectionism at a WTO committee

Argentina was accused once more of “protectionism” at the meeting of the Imports License Committee of the World Trade Organization (WTO) in what can lead to a trade dispute with forty countries.
Saturday, April 28th 2012 - 06:01 UTC
Spain faces a “crisis of huge proportion” with “terrible figures”

Spain's sickly economy faces a “crisis of huge proportions” said Foreign Minister Jose Manuel Garcia-Margallo as unemployment hit its highest level in two decades and Standard and Poor's weighed in with a two-notch downgrade of the government's debt.
Saturday, April 28th 2012 - 05:41 UTC
Forty countries worldwide celebrated Malbec Day, Argentina’s emblematic grape and wine

Wine enthusiasts across the globe gathered to celebrate World Malbec Day, a great opportunity for novices and connoisseurs alike to sample some of Argentina’s flagship varietal.
Saturday, April 28th 2012 - 05:26 UTC
Brazil leading mining corporation reassessing its long term iron-ore reserves

Brazilian leading mining company Vale SA is “facing one of the toughest periods in our history as far as reserves are concerned,” a company executive said Thursday.
Saturday, April 28th 2012 - 05:09 UTC
Brazil will increase military presence in the Amazon to protect natural resources

Brazil will boost its military presence in the Amazon region to protect its huge natural resources from any external threat, Defence Minister Celso Amorim told the Senate on Thursday.
Saturday, April 28th 2012 - 03:03 UTC
Mexico sets ground-breaking global benchmark on tacking deforestation

By MP Barry Gardiner and Ignacio Pichardo (*) - Below the global radar, a major victory was secured in Mexico on Tuesday 24th April in the world-wide battle to prevent deforestation and forest degradation, which are collectively the world's second largest sources of greenhouse emissions.