Stories for May 2012

Wednesday, May 9th 2012 - 18:32 UTC
The Queen addresses Parliament setting out government policy

Queen Elizabeth II gave her “Queen's Speech” to Britain's parliament Wednesday, setting out government policy for the coming year as the ruling coalition sought to fight back after a dismal month.
Wednesday, May 9th 2012 - 18:18 UTC
Spain to unveil on Friday plan to clean up exposed banks to the property crash

Spanish shares have fallen and the interest rate on the country's benchmark 10-year bond has risen amid fresh worries over the banking sector. The Ibex market fell by 3% and bond yields rose above 6%, a level seen as unsustainable.
Wednesday, May 9th 2012 - 17:59 UTC
Goldman Sachs raises price target for Falklands’ Rockhopper Exploration

Goldman Sachs raised its price target on several exploration and production companies, including Falklands’ Rockhopper Exploration, and said there were opportunities for deals in some assets in the sector.
Wednesday, May 9th 2012 - 17:51 UTC
Argentina says UK/Latam relations could falter if Falklands issue remains unsolved

British relations in South America could falter if the UK Government refuses to hold talks on the Falkland Islands sovereignty with Argentina, the country’s ambassador to London said this week.
Wednesday, May 9th 2012 - 08:24 UTC
CFK says nationalization is not rooted in ideology or populism, but disastrous private management

Argentine President Cristina Fernández vindicated on Tuesday the nationalization of public services and said that all decisions made “are not rooted in ideology or populist decisions. It’s the disaster caused by the concessionary companies that forces us to intervene”.
Wednesday, May 9th 2012 - 08:21 UTC
Argentine Vice President, in Washington, invited US oil companies to invest in YPF

Argentine Vice President Amado Boudou on Tuesday urged US companies to invest in YPF, the nationalized oil company that Argentina recently expropriated from Spain's Repsol.
Wednesday, May 9th 2012 - 08:15 UTC
Brazil ready to boost trade with Argentina but demands “compromise” on lowering barriers

The potential to treble imports from Argentina in a few years was underlined by Brazilian manufacturers but there must be a “compromise of reciprocity” to lower trade barriers since currently “we known they are higher on the Argentine side”.
Wednesday, May 9th 2012 - 08:07 UTC
Argentina, the outcast

By Luis Felipe Lampreia (*) - The following piece is a picture of recent events in Argentina from a historic reference and enumerates the obstacles the country faces in developing its own hydrocarbons following the seizure of YPF from Spain’s Repsol
Wednesday, May 9th 2012 - 08:01 UTC
Spanish bank forecasts average growth of 4% for Argentina and the region in 2012

The Argentine economy is set to grow 4% this year in line with the rest of the countries of the region according to a report, “Global Situation” from the Spanish-Argentine bank BBVA-Francés.
Wednesday, May 9th 2012 - 07:57 UTC
Mexico’s presidential TV debate overshadowed by stunning Argentine model in the studio

Mexico presidential candidates’ positions and policies during Sunday’s televised debate were overshadowed by the low-cut dress worn by an Argentine model that was present as an assistant for scarce 25 seconds.