Stories for 2012

Saturday, January 14th 2012 - 06:28 UTC
Piñera and Mujica committed to expand their countries Antarctic efforts

Uruguayan president Jose Mujica and his host and peer Sebastián Piñera said they are committed to expand and intensify the presence of their countries in Antarctica which they described as a “continent of peace and of the future”.
Saturday, January 14th 2012 - 06:25 UTC
Argentine ‘official’ annual inflation, 9.5%; wholesale prices up 12.7%

Argentina’s official inflation in 2011 reached 9.5%, following on December’s Consumer Prices Index (IPC) of 0.8%. Both percentages from the National Stats bureau, Indec are disputed by the Congressional index and private sector estimates which stand at a floor of 22.8% and 1.9%.
Saturday, January 14th 2012 - 06:22 UTC
EU Commissioner says S&P is “inconsistent” and lauds Euro rescue package

The European Union Commissioner for Economic and Financial Affairs Olli Rehn defended Euro-zone governments' crisis plans Friday, after Standard & Poor's downgraded nine out of 17 of the economic bloc's member states, a decision which he described as “inconsistent”.
Saturday, January 14th 2012 - 06:20 UTC
S&P Friday the 13th for Euro zone; nine countries suffer the rating scimitar

The worst-kept secret on Wall Street was officially confirmed after the close Friday, when Standard & Poor’s downgraded its sovereign debt rating on France to AA+ from AAA. Spain and Italy saw their ratings cut two notches, while Germany’s AAA rating was left unchanged.
Saturday, January 14th 2012 - 06:16 UTC
Bolivia ratifies complete support for Argentina’s Malvinas sovereignty claim

Bolivian president Evo Morales said the Malvinas Islands are Argentine and gave full support to his peer Cristina Fernandez siding with Mercosur in the dispute with the UK over the South Atlantic Islands sovereignty and the latest decision to bar all Falklands flagged vessels from regional ports.
Saturday, January 14th 2012 - 06:13 UTC
Chevron, Repsol and Statoil to drill offshore Newfoundland and Labrador

Chevron Canada Ltd., a big player in Canada's offshore oil industry, has struck a deal with Norwegian and Spanish oil companies to carry out exploration off the coast of Atlantic Canada.
Saturday, January 14th 2012 - 06:09 UTC
Eight dead and scenes of panic as cruise vessel hits a reef in Italian coast

At least eight people are dead after a cruise ship ran aground off the Italian coast in an accident which forced the Italian coast guard to evacuate over 4000 people, according to Italian media reports.
Saturday, January 14th 2012 - 06:03 UTC
Brazil warns it is ready to respond to Argentina’s new trade restrictions

Brazil's government is ready to respond to Argentine trade restrictions introduced this week but will evaluate the impact of the measures before making any retaliatory moves, trade officials said Friday.
Saturday, January 14th 2012 - 06:01 UTC
Link between eating processed meat and pancreatic cancer in Swedish research

A link between eating processed meat, such as bacon or sausages, and pancreatic cancer has been suggested by researchers in Sweden. They said eating an extra 50g of processed meat, approximately one sausage, every day would increase a person's risk by 19%.
Saturday, January 14th 2012 - 05:57 UTC
UK student to be extradited to the US for hosting hacked films and TV programs

A UK student from Sheffield can be extradited to the US to face copyright infringement allegations, a judge has ruled. Richard O'Dwyer, 23, set up the TVShack website which US authorities say hosts links to pirated copyrighted films and television programs.