Stories for December 2012

Friday, December 7th 2012 - 05:41 UTC
Falklands cricket team on sports and PR tour visit Jamaica

The Falkland Islands cricket team on a tour in Jamaica presented the local Courtney Walsh Foundation with a cheque of 1.500 dollars during a reception to welcome the players, reports The Gleaner from Kingston.
Friday, December 7th 2012 - 05:26 UTC
Bank of England at crossroad on stimulus program despite weaker economy

The Bank of England has decided not to extend its quantitative easing (QE) stimulus program, which has injected £375bn into the UK financial system.
Friday, December 7th 2012 - 05:22 UTC
Brazil helped by good weather heading for record soybean and corn crops in 2012/13

Brazil held forecasts for a record 2012/2013 soybean crop with the latest estimate from Conab, the Brazilian crop bureau, at 82.6m tons, towards the top of the range of 80.1m-83m tons previously anticipated and representing a jump of more than 20% year on year.
Friday, December 7th 2012 - 02:18 UTC
Brazil central bank expected to keep interest rates low for a ‘prolonged period’

The Brazilian central bank indicated it will keep interest rates at their current level for an extended period given favourable signs for the inflation outlook.
Friday, December 7th 2012 - 01:48 UTC
ECB slashes Euro-zone growth prospects; further rate cut not discarded

The European Central Bank on Thursday opened the door to a rate cut next year, after slashing its economic growth projections for the 17-member Euro- zone.
Friday, December 7th 2012 - 01:41 UTC
Standard Chartered ready to settle with US regulators for making business with Iran

Standard Chartered expects to pay 330 million dollars to US regulators to settle claims that it did not comply with US sanctions against Iran. The amount is on top of 340m it paid to New York's Department of Financial Services (DFS) earlier this year.
Thursday, December 6th 2012 - 23:29 UTC
EU, US and Japan ask WTO to rule on Argentine imports’ restrictions

The European Union, the US and Japan have jointly asked the World Trade Organization to rule in a protracted trade dispute with Argentina. They criticize what they believe are unfair import restrictions and protectionism.
Thursday, December 6th 2012 - 22:52 UTC
Terrible Thursday for Buenos Aires: toxic gas cloud scare and flash floods

Terrible Thursday for the city of Buenos Aires: toxic gas scare in the morning with almost panic situations and flooding mid afternoon by the same rains that helped clear the cloud hovering over residents with sore throats and irritated eyes.
Thursday, December 6th 2012 - 21:44 UTC
Mercosur (as Unasur) ratifies the suspension of Paraguay until at least April

Mercosur Foreign ministers announced in Brasilia on Thursday that the suspension of Paraguay from the group stands at least until the coming presidential election on April 2013.
Thursday, December 6th 2012 - 21:26 UTC
Gibraltar will be competing in UEFA 2013 Euro Futsal and U17 and U19

The Union of European Football Associations, UEFA, has included Gibraltar in the Futsal qualifiers for the Euro 2013 Cup to be played in France next month and in the U17 and U19 tournaments to be disputed beginning next autumn. This is considered a remarkable step for Gibraltar’s football on the Uefa/GFA ‘road map’