MercoPress. South Atlantic News Agency
Stories for July 17th 2012
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Tuesday, July 17th 2012 - 04:55 UTC
Premier Oil Falklands’ deal has full support from Foreign Office and markets
Britain's Premier Oil which reached a 1 billion dollars deal to farm in and develop Rockhopper Exploration oil and gas discoveries in the Falkland Islands took advice from the Foreign Office before closing the deal, according to UK media.
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Tuesday, July 17th 2012 - 04:51 UTC
Argentina warns UK company over involvement in Falklands’ oil production
Argentina will take legal actions against Britain's Premier Oil after the company agreed to invest 1 billion dollars to help develop an oil field off the disputed Falkland Islands, Argentina's Foreign Ministry said on Monday.
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Tuesday, July 17th 2012 - 04:47 UTC
Moyano says unions will have their own stats office to keep track of inflation
Argentina’s organized labour CGT leader Hugo Moyano began on Monday his new term at the helm of the umbrella union organization and once again targeted the government of President Cristina Fernandez promising to set up his own Indec (stats office) to measure inflation.
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Tuesday, July 17th 2012 - 04:42 UTC
As the dollar clamp tightens in Argentina, the greenback traded at 6.31 Pesos
The US dollar in Argentina soared on Monday and was trading in the “blue” or parallel market at 6.31 Pesos considerable higher than last Friday. The official rate climbed a modest half cent to 4.53 and 4.575 Pesos.
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Tuesday, July 17th 2012 - 04:39 UTC
Brazilian auto workers begin protests fearing loss of jobs as investment is down
A Brazilian union carried out a 24-hour strike at a General Motors Co factory on Monday to protest dwindling output on an assembly line where workers fear for the future of 1.500 jobs.
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Tuesday, July 17th 2012 - 01:38 UTC
Top Uruguayan university dumps Dean on homosexual ‘anomaly’ controversy
The University of Montevideo accepted the resignation of who had been nominated as Dean following the controversy triggered when in an interview she described homosexuality as an “anomaly” and added this condition “hampers” teaching staff contracting.
