Stories for 2012

Wednesday, February 1st 2012 - 14:43 UTC
Falklands’ second exploration round takes off south of the Islands

A new round of Falkland Islands oil exploration began this week when London AIM listed Borders & Southern Petroleum plc announced that their first exploration well, located approximately 140 kilometres south of the Islands, was spudded on 31st January 2012.
Wednesday, February 1st 2012 - 07:53 UTC
Buenos Aires La Nacion in talks to acquire Hispanic media group in the US

Two news sources, New York Post and New York One report that the Hispanic media group ImpreMedia is in talks with Argentine newspaper group La Nacion which is interested in the US Spanish publications.
Wednesday, February 1st 2012 - 07:48 UTC
Paraguayan beef exports forecasted to plummet 30% because of FMD outbreaks

The value of Paraguayan beef exports could drop 30% in 2012 compared to the previous year given the loss of markets following two outbreaks of Foot and Mouth Disease, FMD, points out the country’ Centre for Analysis of the Paraguayan Economy, CADEP.
Wednesday, February 1st 2012 - 07:14 UTC
Brazil reiterates support for Argentina, denies any blockade to the Falklands

Brazil reiterated its support for Argentina’s Malvinas Islands sovereignty claim and insisted that solving the controversy with the UK is ‘most important’ for South America’s stability. It also pointed out that it’s not correct to talk about “a blockade”.
Wednesday, February 1st 2012 - 07:09 UTC
Spanair files for voluntary bankruptcy; strands tens of thousands of passengers

Spanish carrier Spanair filed for voluntary bankruptcy Monday, officials said, three days after abruptly stopping all flights and stranding tens of thousands of passengers.
Wednesday, February 1st 2012 - 06:59 UTC
Well managed marine sectors to promote a “Green economy in a blue world”

Healthy seas and coasts would pay healthy dividends in a green economy, according to a report released by several United Nations Programs, the International Maritime Organization and a group of environmental groups that highlights the huge potential for economic growth and poverty eradication from well-managed marine sectors.
Wednesday, February 1st 2012 - 06:55 UTC
Brazil’s Petrobras admits second oil spill in less than a week

Brazil's state-run energy giant Petrobras on Tuesday reported that 160 barrels of crude oil may have spilled from a deep-water well off Sao Paulo state but said the situation was under control.
Wednesday, February 1st 2012 - 06:44 UTC
Argentina condemns the UK for its ‘bullying patriotism’ in the Malvinas dispute

Argentina condemned the announcement of the arrival of state of the art HMS Dauntless, a British warship, to the Falklands/Malvinas Islands and urged the UK to “avoid falling in the temptation of engaging in discourse that transforms patriotism in bullying patriotism.”
Wednesday, February 1st 2012 - 06:41 UTC
Shanghai targets to become a global financial centre by 2015

China’s bustling Shanghai is striving to become a global financial centre by establishing its leading position in the trading of Yuan-denominated financial products, according to a state plan, said authorities of Shanghai financial services on Tuesday.
Wednesday, February 1st 2012 - 06:34 UTC
Canadian mining company says it wants a “social licence” for controversial project in Argentina

The Canadian Osisko mining corporation has suspended a gold mining project in Argentina after protests by locals. Osisko said on Tuesday it would put its operation in north-western La Rioja province on hold if it did not get the backing of the local population which has been protesting for weeks.