Stories for May 2012

Friday, May 4th 2012 - 00:31 UTC
Bank of England governor admits more should have done to prevent the crisis

After coming under fire for years for refusing to accept responsibility for the crisis, Bank of England governor Mervyn King said in his BBC Today Program Lecture that the BoE should have done more -- but added that the bank's hands had been somewhat tied.
Friday, May 4th 2012 - 00:26 UTC
BG selling lucrative asset in Brazil to focus on oil and gas fields

UK gas producer BG Group has announced a deal to sell its stake in Brazil's Comgas to Sao Paulo-based Cosan for 1.8bn dollars. BG said it expected to deal to be completed by the end of the year.
Thursday, May 3rd 2012 - 23:35 UTC
IMF does not see a ‘nationalization trend’ in South America; Bolivia in compensation talks

The International Monetary Fund (IMF) said it does not see a trend in South America toward state nationalization of private companies despite moves made by Bolivia and Argentina in recent weeks, a spokesman said on Thursday.
Thursday, May 3rd 2012 - 23:23 UTC
FDI in several Latam countries during 2011 marked a historic record

Foreign Direct Investment, FDI, in Latin America and the Caribbean during 2011 reached 153.448 billion dollars, which represents 10% of the global total flows according to a report presented on Thursday by the Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, Chile.
Thursday, May 3rd 2012 - 22:08 UTC
UN Ban Ki-moon message on World Press Freedom Day, May 3

“In an era of rapid and often momentous change, the value of a vigorous, independent and pluralistic press is undeniable.
Thursday, May 3rd 2012 - 22:01 UTC
UN highlights role of press freedom as catalyst for social and political change

United Nations top officials today May 3 highlighted the power of press freedom to spark social and political change and to hold governments accountable, stressing that this vital right must be ensured across the world by creating the conditions that allow journalists to perform their work safely.
Thursday, May 3rd 2012 - 21:56 UTC
IAPA pays homage to the 24 journalists from Latam killed over the last 12 months

As we near the 70th anniversary of the founding of the Inter American Press Association this month, I’d also like to take this especial date, May 3, World Press Freedom Day, as an opportunity to pay homage to the 24 journalists from Brazil, Colombia, Dominican Republic, Guatemala, Haiti, Honduras, Mexico and Peru that were killed over the last 12 months. Our thoughts are with their families and colleagues, especially because in the majority of these cases, justice has not yet been done.
Thursday, May 3rd 2012 - 21:49 UTC
World Press Freedom Day: “One news provider killed every five days”

Today Amy 3, World Press Freedom Day 2012, Reporters Without Borders condemns the furious pace of physical attacks on news providers and reports that a total of 21 journalists, and 6 citizen journalists have been killed since the start of 2012, many of them in war zones such as Somalia and Syria. This is a rate of one news provider killed every five days.
Thursday, May 3rd 2012 - 13:38 UTC
Falkland Islands: Reaction to Argentine Olympic Advert

We were very disappointed this morning to see the advert from the Argentine Presidential Office, attempting to politicise the Olympics in service of their territorial ambitions. This video was filmed without the knowledge of the Falkland Islands authorities.
Thursday, May 3rd 2012 - 07:44 UTC
HMS Dauntless en route to Falklands participates in 11 nations exercise

HMS Dauntless impressed the members of other navies during a multinational exercise in the Atlantic last week to practise improving security at sea. Exercise Saharan Express, which took place off the coast of Senegal, saw military personnel from 11 nations, including France, Gambia, Senegal and Morocco, training to deal with people-trafficking, piracy, drug-smuggling and illegal fishing.