Stories for 2012

Friday, May 11th 2012 - 21:01 UTC
“Malvinas usurpation” affects all South American nations, argues Argentina

Defence Minister Arturo Puricelli once again claimed Argentine sovereignty over the Falklands/Malvinas Islands at the Unasur headquarters in Ecuador and warned that “the usurpation of the Islands affects all of the South American nations” plus insisting on the military/civilian ration in the Islands.
Friday, May 11th 2012 - 15:38 UTC
Indian leading oil company in talks to buy 25% stake in Falklands’ exploration block

The overseas arm of Indian state-owned Oil and Natural Gas Corp (ONGC), ONGC Videsh Ltd is in talks to buy 25% stake in an exploration block off Falkland Islands in the South Atlantic, reports The Economic Times from New Delhi.
Friday, May 11th 2012 - 15:20 UTC
Borders & Southern begins drilling its second well to the south of the Falklands

Falkland Islands exploration company Borders & Southern (AIM: BOR) announced the spudding of its second well, 61/25-1, on 11 May 2012. The well is located 170 km south of the Falkland Islands.
Friday, May 11th 2012 - 13:10 UTC
Irish experience advice on how to rid banks of toxic real estate assets

Spain’s plan to rid banks of toxic real estate assets is reviving the politically heated debate over how creditors and taxpayers should share the vast losses still being incurred by the Euro zone debt crisis. Nowhere is the issue in sharper relief than in Ireland.
Friday, May 11th 2012 - 13:06 UTC
BRIC members, Indonesia, Philippines and Chile lead in air travel growth

Asia leads the world’s growth in air travel and holds seven out of the ten busiest inter-city routes. In addition to the BRIC markets, Indonesia, the Philippines, and Chile showed an impressive growth, according to analysis by the market intelligence solution Amadeus Total Demand.
Friday, May 11th 2012 - 13:05 UTC
Brazilian meatpacker moving out of Argentina sells plant to local government

Brazilian meatpacker JBS SA has sold one of its two units based in San Jose, Argentina, the company said in statement Wednesday. The unit was sold for 16.5 million dollars to a group of local cooperatives and the provincial government, which will run the operation.
Friday, May 11th 2012 - 12:29 UTC
As in Hitler’s time, the Olympic spirit exploited for political purposes

By Harold Briley - Hitler exploited the Olympics. Argentina’s cynical and infantile exploitation of the Olympic Games for political purposes is a reminder, if any is needed, of its persistent failure to abide by accepted standards of honesty and decency.
Friday, May 11th 2012 - 05:31 UTC
Chilean city of Punta Arenas will host IAATO annual meeting next year

Punta Arenas in the extreme south of Chile and one of hubs for Antarctic cruises, will be hosting the next annual meeting of the International Association of Antarctica Tour Operators, IAATO, in the first half of 2013.
Friday, May 11th 2012 - 04:11 UTC
UK and Argentina, main tourist generating markets for the Falklands in 2011

Falkland Islands visitor arrivals in 2012 by inbound overnight tourists, cruise passengers and domestic tourists are expected to total 57.000 spending around £7 million. Cruise ship passengers are forecast to make up 35.000 of the 57,000 in the 2012/13 season.
Friday, May 11th 2012 - 03:49 UTC
Argentine April inflation 2.16% and 23.45% in 12 months according to ‘Congress-index’

April inflation in Argentina averaged 2.16% accumulating 23.45% in the last twelve months, --more than double the official index-- according to the monthly release from opposition members of Congress based on information from private economic consultants.