Stories for 2012

Thursday, March 1st 2012 - 04:34 UTC
Argentine government preparing legal framework to grab YPF from Spain’s Repsol

The government of President Cristina Fernandez is preparing the legal framework to take control of Spain’s Repsol-YPF subsidiary in Argentina which it has accused of not investing sufficiently and has triggered a round of discussions with the Spanish corporation’s top official, reports the Buenos Aires media.
Thursday, March 1st 2012 - 04:29 UTC
Bernanke praises Euro-zone measures, but “critical fiscal and financial challenges remain”

Testifying Wednesday before the US House Committee on Financial Services, Federal Reserve Chairman Ben Bernanke said that 'critical fiscal and financial challenges remain for the Euro zone.'
Thursday, March 1st 2012 - 04:25 UTC
UK became in 2011 a net exporter of lamb with excellent prospects for expansion

UK has become a net exporter of lamb, according to new figures published by EBLEX and reported by Meat Trade News Daily. The figures show that in 2011 sheep meat exports from the UK saw an 11% increase on the year, totalling 98.500 tonnes product weight.
Thursday, March 1st 2012 - 04:19 UTC
Good fourth quarter for US economy: GDP expands at 3% annual rate

The US economy grew a bit faster than initially thought in the fourth quarter on slightly firmer consumer and business spending, which could help to allay fears of a sharp slowdown in growth in early 2012.
Thursday, March 1st 2012 - 04:09 UTC
European MP calls for end to Argentine aid until it stops threatening Falklands

A several million pounds EU aid program to help Argentina should be halted until the country stops “threatening” Britain over the Falkland Islands, said member of the European parliament Nerj Deva.
Wednesday, February 29th 2012 - 14:51 UTC
ECB massive cheap funds influx hoping to ease credit and government borrowing

Banks grabbed 530 billion Euros at the European Central Bank's second offering of cheap three-year funds on Wednesday, fuelling hopes that more credit will flow to businesses and government borrowing costs will ease further.
Wednesday, February 29th 2012 - 14:35 UTC
Foreign Office summons Argentine diplomat; limiting trade “counterproductive”

Argentina's top diplomat in Britain was summoned to London's Foreign Office on Wednesday to explain his country's decision to ask 20 leading companies to stop importing British products and supplies.
Wednesday, February 29th 2012 - 07:42 UTC
Unasur presidents invited to Tierra del Fuego on 2 April, anniversary of the Malvinas war

The Union of South American Nations, Unasur presidents have been invited by Argentina to a ceremony in Ushuaia, Tierra del Fuego, next 2 April when the official beginning of the Malvinas war three decades ago.
Wednesday, February 29th 2012 - 07:41 UTC
Argentine teachers strike delays school year; four million children remain at home

Almost 60% of Argentina’s school children could not begin the new school year and had to remain at home because of a 48 hours teachers strike following the collapse of salary negotiations.
Wednesday, February 29th 2012 - 07:38 UTC
Official report: Chavez in good physical condition; pelvic lesion completely extracted

Surgeons “completely” removed a lesion from Venezuelan President Hugo Chávez's pelvis and the populist leader is in good physical condition after the operation in Cuba, Venezuela's vice president said on Tuesday.