Stories for 2012

Thursday, January 26th 2012 - 05:02 UTC
As demands pile up, Venezuela requests to leave World Bank arbitration court

Venezuela’s government officially requested this week to leave the World Bank’s arbitration court as demands pile up from abroad for compensation following a decade of nationalizations under President Hugo Chavez.
Thursday, January 26th 2012 - 04:28 UTC
CFK on Malvinas: in this upside down world “we are called colonialists and bad guys”

Fully recovered from the thyroidectomy and with her irony sharp as ever, Argentine President Cristina Fernandez, CFK, resumed office on Wednesday and in an hour plus colloquial speech in Casa Rosada spent a good twenty minutes talking about Malvinas, colonialism and promised more rigour in the campaign to have the UK sit and discuss Falklands sovereignty.
Thursday, January 26th 2012 - 00:07 UTC
Fed anticipates no increase in interest rates in the US until late 2014

The Federal Reserve has said it does not now expect to raise interest rates in the US until late 2014. The surprise move announced Wednesday sent the dollar sharply lower in markets, and caused US government borrowing costs to fall.
Wednesday, January 25th 2012 - 23:51 UTC
UK says Falklands’ self determination is a universal right enshrined in UN charter

The UK will not negotiate the Falklands/Malvinas Islands sovereignty “until the Islander so wish to” said on Wednesday a spokesperson from the Foreign Office.
Wednesday, January 25th 2012 - 23:45 UTC
Argentina’s policy of isolating and intimidating the Falklands reaches the EU

The Falkland Islands urged the EU Commission to ensure that the rights of citizens of Overseas Counties and Territories are not compromised in relations with countries and regional bodies.
Wednesday, January 25th 2012 - 21:32 UTC
Chile the most globalized economy in Latin America, says Ernst & Young

Chile has emerged as the most globalized economy in Latin America and moved up to 25th place in the world, according to global consulting firm Ernst & Young. Chile is among the countries to improve their position despite global economic uncertainty, the firm’s annual Globalization Index found.
Wednesday, January 25th 2012 - 21:21 UTC
Automatic registration in Chile incorporates 4.5 million new, mostly young voters

With President Sebastián Piñera signature at a ceremony in the Presidential Palace, Chile joined a community of nations in which all eligible voters are automatically registered to vote.
Wednesday, January 25th 2012 - 21:07 UTC
Merkel asks business leaders to give policy makers “needed space” to tackle Euro crisis

German Chancellor Angela Merkel appealed to business leaders at the World Economic Forum to give policy makers the space they need to tackle the debt crisis, pledging that Europe will pull together and restore confidence.
Wednesday, January 25th 2012 - 21:02 UTC
Tapes confirm Costa Concordia told by managers to steam close to the shore when the accident

The captain of the doomed Italian liner Costa Concordia said he was told by managers to take his ship close in to shore on the night it ran aground and capsized, according to bugged conversations leaked in Italian newspapers.
Wednesday, January 25th 2012 - 20:44 UTC
Greek “negotiated haircut” may need to be extended to public sector creditors warns Lagarde

Greece's public sector creditors may need to participate in a restructuring of its debt if a haircut negotiated with private sector bondholders is not enough to make Athens' debt sustainable, IMF Managing Director Christine Lagarde said.