Spurred by the Olympics the UK economy returned to growth at its fastest pace in five years, official figures showed on Thursday. GDP 1% in the third quarter of the year, the Office for National Statistics said. This ended three consecutive quarters of declining output.
Falkland Oil and Gas Ltd., (FOGL), announced completion of the farm-out agreement with Noble Energy Falklands Limited, an affiliate of Houston based Noble Energy, Inc. and the signing of agreements with Petroleum Geo-Services (PGS) for the acquisition and processing of two new 3D seismic surveys.
A group of Central American journalists recently visited the Falkland Islands for a week as guests of the Foreign Office together with Bruce Callow from the UK Costa Rica embassy. The following is a first reflection just back from the Islands in Bruce’s blog.
Argentine President Cristina Fernández joined the US presidential campaign harshly criticizing Republican candidate Mitt Romney and stating she is “more alike” the current head of state, Democrat Barack Obama, who is running for re-election.
A second Argentine navy vessel has been targeted by NML-Capital which apparently has contracted a renowned South African law office to impound the corvette ARA Espora.
Bank of America is being sued for 1bn dollars for alleged mortgage fraud. The civil lawsuit has been brought by the US Attorney Preet Bharara, the top federal prosecutor in Manhattan, New York.
The global war on drugs has failed and international policy requires radical reform to remove outmoded, unscientific thinking, according to a major new report from the London School of Economics and Political Science which has been endorsed by President Santos of Colombia.
Colombian Defence minister Juan Carlos Pinzón said that the guerrilla group FARC make anywhere from 2.4 to 3.5 billion dollars per annum from the drug trade and estimated they have an army of 8.147 members.
Argentine exports in September experienced their largest drop since the 2009 financial crisis totalling 6.818bn dollars or 12% less than the same month a year ago, according to the latest report on the country’s foreign trade released by INDEC.
After three weeks retained in Ghana, members of the crew and cadets from the Argentine Navy training vessel ARA Libertad arrived past midnight Wednesday to Ezeiza airport in Buenos Aires where relatives and media were waiting.