Stories for 2012

Thursday, November 1st 2012 - 06:47 UTC
Leading Argentine corporation claims the economy is in ‘very fragile situation”

One of Argentina’ leading international corporations, Techint, made public a 200 pages report sent to the Buenos Aires stock exchange with a devastating picture of the country’s economy which “continues in a state of fragility”.
Thursday, November 1st 2012 - 06:40 UTC
Wall Street returned to life with average trading volume; most buildings in the area with no power

The US stock market slowly returned to life on Wednesday after two days in the dark, in the wake of the massive storm Sandy that caused the market's first weather-related two-day closure since the late 19th century.
Thursday, November 1st 2012 - 06:33 UTC
Major clash anticipated over EU budget; farm subsidies at the heart of dispute

British Prime Minister David Cameron came under pressure to act tough on the European Union budget and France threatened to use its veto, signalling a divisive start to bargaining over the 1 trillion Euros long-term spending plan.
Thursday, November 1st 2012 - 06:30 UTC
Global wine production down with a tight market in the next twelve months

Global wine production will slump to the lowest in 37 years after weather damage to grapes from France to Argentina, forcing a draw down of stocks, the International Organization of Vine and Wine, OIV, said.
Thursday, November 1st 2012 - 06:20 UTC
Malvinas War families’ commission honours benefactor of Argentine memorial in Falklands

The Commission of Malvinas War Families paid homage to Argentine businessman Eduardo Eunerkian who has always been close to the organization and financed the construction of the Memorial at the Argentine cemetery in the Falkland Islands.
Thursday, November 1st 2012 - 00:10 UTC
Hedge funds quietly investing in Falklands’ oil exploration companies

Hedge funds have been quietly building up stakes in the oil explorers operating off the Falkland Islands betting that companies will ignore the threats made by Argentina to disrupt the activity, according to a Reuters’ piece published this week.
Wednesday, October 31st 2012 - 23:34 UTC
Gibraltar willing to enter a double taxation treaty with Spain

Gibraltar said it complies with European Union and OECD regulations regarding finance centres and also indicated that it was willing to enter a double taxation treaty with Spain.
Wednesday, October 31st 2012 - 23:13 UTC
Falklands’ Desire Petroleum plans for the next three years

Planning ahead for the next three years Falkland Islands Desire Petroleum announced on Wednesday changes to its Production Licences following approval received from Executive Council.
Wednesday, October 31st 2012 - 23:01 UTC
Falklands’ proposed referendum question enters public consultation period

The Falkland Islands government has opened a public consultation on the proposed referendum question on the Falklands Political Status to be held in early 2013. The proposed question was arrived at and agreed by all members of the Legislative Assembly having received expert advice on the issue.
Wednesday, October 31st 2012 - 22:41 UTC
Falklands’ flag flies at Parliament Square to mark a British state occasion

For the first time, the 16 flags of the British Overseas Territories including the Falkland Islands are being flown in Parliament Square, alongside the flags of the Crown Dependencies, to mark a state occasion, reports an official release from the Foreign Office.