Stories for September 17th 2012

Monday, September 17th 2012 - 18:29 UTC
Falklands’ referendum will send strong message to world public opinion

The Falkland Islands don’t expect Argentina to accept the results of the coming referendum, but will show the rest of the world, particularly South and Central America that the Islands are a democracy and have the right to self determination, said Falklands’ lawmakers in an interview with the Mexican newspaper Excelsior.
Monday, September 17th 2012 - 17:29 UTC
Cruise convention underlines South America’s potential for the industry

South America was described as a ‘fantastic destination’ for the cruise industry but with an even greater potential said Chris Hayman at the closing ceremony of the two-day Seatrade South America Cruise Convention in Buenos Aires.
Monday, September 17th 2012 - 14:57 UTC
FOGL and Edison strike gas discovery to the East of the Falkland Islands

Falkland Oil and Gas Ltd announced Monday that the well drilled to the East of the Falkland Islands to a depth of over 4.000 meters is a gas discovery. The statement comes after a rough week for FOGL when its shares plummeted following poor and unfounded press coverage.
Monday, September 17th 2012 - 05:48 UTC
Spain dumps Paraguay from the Ibero-American summit not to offend Argentina

A top Spanish official made a low profile and unexpected visit to Paraguay last week with the purpose of trying to convince the administration of president Federico Franco to remain absent from the coming Ibero-American summit scheduled for November since Madrid fears his presence could turn the event into a failure.
Monday, September 17th 2012 - 05:43 UTC
Brazil’s ‘trial of the century’ culprits point to Lula da Silva as “the chief”

Former Brazilian president Lula da Silva was “the chief” of the corruption network the ruling Workers Party had organized to have sufficient votes in Congress, according to a report published in the weekly Veja, the magazine with the largest circulation in the country.
Monday, September 17th 2012 - 05:37 UTC
Venezuela and Argentina sign 24 agreements in the oil-food industries

Venezuela and Argentina signed three institutional agreements and 24 among corporations during the two-day First Meeting for the Venezuela-Argentina Petro-industrial development with the purpose of intensifying trade, investment and cooperation between the two countries.
Monday, September 17th 2012 - 05:32 UTC
FCO outlines issues and calls for restraint ‘on all sides’ in Gibraltar/Spain fishing dispute

The upholding of British sovereignty and protecting Gibraltar’s interests are the key issues for Governor Sir Adrian Johns in the current fishing dispute involving Spanish fishermen and the Spanish authorities.
Monday, September 17th 2012 - 02:54 UTC
Brazil trusts the Venezuelan electoral process will be “credible and transparent”

Brazil said it is confident that the electoral process in Venezuela, where Chavez is bidding for another six years will be “credible and transparent”. Foreign Minister Antonio Patriota made the statement in an interview published on Sunday by O Estado de Sao Paulo.
Monday, September 17th 2012 - 02:47 UTC
Experts close to President Rousseff warn of a “real estate bubble” in Brazil

A team of experts working for the administration of President Dilma Rousseff has warned of the existence of a “real estate burble” in Brazil with the value of houses soaring 165% in Rio do Janeiro and 132% in Sao Paulo in the last four years.
Monday, September 17th 2012 - 02:37 UTC
Paraguay could demand “moral and economic” compensation from Mercosur members

Paraguay is considering demanding “moral and economic” compensation from Argentina, Brazil and Uruguay for having been suspended from Mercosur as full member and at the same reiterated its rejection to Venezuela’s admission, according to the country Foreign Ministry.