Stories for July 2012

Friday, July 20th 2012 - 05:44 UTC
Falklands after young leaders to attend Youth Parliamentary event in London

Following on the successful experience of this year’s attendance at the UN Decolonization committee, the Falkland Islands Legislative Assembly is looking for young Islanders interested in representing the Falklands’ at another political event.
Friday, July 20th 2012 - 02:40 UTC
Argentine government entities can only buy fuel from YPF

Argentina's state entities must purchase diesel, gasoline and lubricant supplies for cars, boats and planes solely from YPF, the recently nationalized oil company, and not competitors like ExxonMobil, Petrobras or Shell, the government ordered Thursday.
Friday, July 20th 2012 - 00:00 UTC
Brazil’s development bank speeding disbursements for infrastructure projects

Lending by Brazil’s state development bank BNDES unexpectedly rose in the first five months of the year, led by disbursements to infrastructure projects, in an encouraging sign of investment recovery in Latin America's largest economy.
Thursday, July 19th 2012 - 23:35 UTC
Further ‘parsimonious’ monetary-easing anticipated from Brazilian central bank

Brazil’s central bank reiterated that inflation will continue to slow toward its target, signalling it will further reduce interest rates that have already been cut to a record.
Thursday, July 19th 2012 - 22:36 UTC
Cristina Fernandez unleashes tax agency against opponents, claims The Economist

Under the heading of “Knock, knock, the government unleashes the tax agency against its opponents” The Economist latest edition claims that President Cristina Fernandez is using the tax revenue office to hound its political enemies.
Thursday, July 19th 2012 - 20:56 UTC
Odyssey recovers 48 tons of silver from WW2 British ship torpedoed off Ireland

Odyssey Marine Exploration Inc, a salvage specialist famous for finding the 500 million dollars Black Swan shipwreck off Portugal in 2007, said it had recovered 48 tons of silver from a British merchant ship that was torpedoed off the coast of Ireland 70 years ago.
Thursday, July 19th 2012 - 20:50 UTC
Argentines main concern insecurity, but also greater satisfaction with democracy

The main concern of Argentines is insecurity, followed at a distance by poverty according to a public opinion poll released this week in Buenos Aires, which also revealed that one out of three interviewed had been victims of some kind of criminal activity.
Thursday, July 19th 2012 - 20:43 UTC
Argentina’s top agro-show opens with strong criticism of government farm policies

The head of the Argentine Rural Society (SRA) Hugo Biolcati blasted the national and provincial governments economic policies towards the agricultural sector during his opening remarks at the inauguration of the 126 annual edition of the entity’s exhibition held at La Rural pavilion in Palermo, Buenos Aires City.
Thursday, July 19th 2012 - 18:50 UTC
China property prices rise slightly in June as Beijing tries to boost growth

Property prices in 70 Chinese cities rose slightly in June, compared to May, after eight months of decline. Home prices rose 0.3% in Beijing and 0.2% in Shanghai compared to the previous month, official data showed.
Thursday, July 19th 2012 - 18:45 UTC
Spanish banks have 155.8bn Euros in ‘doubtful loans’, the highest since 1994

Spain's banks had 155.84bn Euros of loans on their books in May that are at risk of not being repaid, the highest since 1994.