Stories for November 2012

Saturday, November 3rd 2012 - 04:07 UTC
South African minister admits a second Argentine navy vessel could be impounded

When Argentina still has not recovered from the impounding of the Navy’s flagship, ARA Libertad, retained in Ghana, another piece of bad news was confirmed in Pretoria on Friday when South African Foreign minister admitted that a second navy vessel, ARA Espora, docked in Simonstown was exposed to a similar fate.
Saturday, November 3rd 2012 - 04:03 UTC
Bank of England governance ‘defective’ with ‘centralized and hierarchical’ structure

Governance of the Bank of England is “defective”, according to the chairman of the Treasury Committee following the publication of three independent reviews into the Bank's performance. Andrew Tyrie said the reviews were too little, too late.
Saturday, November 3rd 2012 - 03:49 UTC
Peru reminds Argentina Shinning Path terrorists are an illegal group

Peru slammed reports that Movadef, the nascent political wing of the Shining Path armed group, had met with representatives of human rights groups in Argentina, including the Mothers of Plaza de Mayo Association, with the aim of gaining political credibility.
Saturday, November 3rd 2012 - 03:44 UTC
Peru considers rescuing debt to cool inflow of capital and currency appreciation

Peru is considering the anticipated cancelling of public debt to drain ‘dollars’ from the market and impede the sustained appreciation of the local currency, Sol, said Economy minister Luis Castilla. This would be the first step for a new liabilities management approach to extend in time the maturing of Peruvian bonds and other debt papers.
Friday, November 2nd 2012 - 23:12 UTC
UK confirms BAS first-class scientific research and Antarctica strategic presence

Plans to merge the British Antarctic Survey (closely linked to the Falkland Islands) and the National Oceanography Centre (NOC) have been ruled out, Science minister David Willetts announced. In a written statement he said the Natural Environment Research Council (NERC) had decided not to proceed with the proposal.
Friday, November 2nd 2012 - 23:07 UTC
Falklands extends Rockhopper licences to evaluate further oil potential

The Falkland Islands government has granted a one year extension for Rockhopper Exploration’s production licences PL023 and PL024. The licences, in which Rockhopper has a 40% interest, have been extended until November 2013, with no requirement for the operator to perform further work on the licences in that time.
Friday, November 2nd 2012 - 08:36 UTC
CCAMLR fails to reach agreement on new marine protected areas in Antarctica

Governments meeting in Australia have failed to reach agreement on new marine protected areas for the Antarctic Ocean. A decision has been deferred until July 2013 when all the relevant science will be considered.
Friday, November 2nd 2012 - 08:28 UTC
Drought in US farms is helping Brazil’s exports of corn and ethanol

Brazil's trade ministry said the country's exports of corn and ethanol rose in October as foreign buyers turned to Brazil after the worst drought in 50 years ravaged US crops.
Friday, November 2nd 2012 - 08:22 UTC
The United States elections, as seen from India

By Rengaraj Viswanathan - In India, people are amused and puzzled, depressed and disinterested and occasionally inspired by the long and loud, colourful and typical American show that goes by the name of the presidential election.
Friday, November 2nd 2012 - 06:44 UTC
Chavez promises attendance, God willing, to Mercosur summit in Brasilia

President Hugo Chavez said on Thursday that he will be attending the coming Mercosur presidential summit next 7 December in Brasilia and assured Venezuela is speeding up so the country can display all its potential within the political and trade block.