Stories for July 2012

Saturday, July 21st 2012 - 07:17 UTC
YPF building credibility buys back 79 million dollars in 2028 bonds

Argentina's nationalized oil and gas company YPF said on Friday it had bought back 79 million dollars in 2028 bonds that it was obliged to repurchase in the case of a state takeover.
Saturday, July 21st 2012 - 06:59 UTC
Bolivia raids the offices of India’s Jindal alleging “breach of contract”

Bolivian prosecutors with the support from police and military forces on Friday raided the offices of India’s Jindal in La Paz as part of an investigation for an alleged “breach of contract” following the company’s confirmation it was abandoning the huge iron-ore mining project of El Mutún.
Saturday, July 21st 2012 - 06:50 UTC
UK receives first of next generation of stealth aircraft, STOVL F-35 Lightning II

The first of the UK's next generation of stealth combat aircraft, Lightning II, was handed over to the Ministry of Defence at a ceremony in Fort Worth, Texas. Defence Secretary Philip Hammond formally accepted the first of the jets which are short take-off and vertical landing (STOVL) F-35 Joint Strike Fighters and are manufactured by Lockheed Martin.
Saturday, July 21st 2012 - 06:44 UTC
Argentine collar clamp has sentenced businessman ‘trapped’ in Uruguay

An Argentine businessman who was sentenced in Uruguay to home arrest following a car accident in which one person died remains at the location of the crime because his family in Argentina have been unable to purchase the 5.000 US dollars bail needed for his release.
Saturday, July 21st 2012 - 06:28 UTC
US members of Congress blame the UN for introducing cholera to Haiti

More than 100 Democrats from the US House of Representatives have called on the UN to take responsibility for introducing cholera to Haiti. It is the latest twist in the allegation that UN peacekeepers unwittingly introduced the disease.
Saturday, July 21st 2012 - 06:16 UTC
Chinese electric-battery buses for Uruguay; the first arrive at end of 2012

China’ BYD has inked another strategic deal for its electric bus products, this time in Uruguay with one of the country’s leading tourism companies. The agreement was witnessed by Uruguay’s president Jose Mujica.
Saturday, July 21st 2012 - 06:08 UTC
Angola approves wide-ranging cooperation agreement with Brazil

Angola’s National Assembly approved this week the Joint Declaration on the Establishment of Strategic Partnership with Brazil, as well as the draft resolution on Cooperation between the two countries in defence domain.
Saturday, July 21st 2012 - 01:33 UTC
The Olympic torch at the Tower of London next to the Crown Jewels

Olympic torch arrived in London by Royal Navy helicopter to spend the night in one of Britain's most secure sites ahead of its week-long journey around the capital, culminating in the lighting of the cauldron at the main stadium in a week's time.
Saturday, July 21st 2012 - 00:25 UTC
Dumpling squid mate for three hours and take 30 minutes to recover swimming speed

Promiscuous dumpling squid take 30 minutes to return to normal swimming speed after mating, say scientists. The short-lived cephalopods, named for their rotund shape, are known to mate with as many partners as possible.
Saturday, July 21st 2012 - 00:16 UTC
Senior economist “ashamed” of having worked for IMF; blasts power-play

A senior economist at the International Monetary Fund spearheading the bailouts of three Euro zone countries has lambasted its lack of leadership and said its first female chief is not fit for the job.