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Stories for January 7th 2013

• Monday, January 7th 2013 - 17:45 UTC

  Argentina accuses PM Cameron of “military threats” regarding the Falklands

  

  The Argentine Foreign Ministry rejected the recent “military threats” coming from British Prime Minister David Cameron in relation to the UK’s “illegal occupation of the Falklands/Malvinas Islands” that began 180 years ago.

• Monday, January 7th 2013 - 14:14 UTC

  Argentina gains a new ally in its fight against hedge funds: WEF’ Schwab

  

  Argentina’s worldwide court battles against the hedge funds which did not accept the restructuring of its defaulted debt and are after the country’s assets, has gained another ally, the president of the World Economic Forum, (WEF) Klaus Schwab.

• Monday, January 7th 2013 - 14:09 UTC

  Iceland with Norway support awards off shore oil and gas licences

  

  Iceland has awarded two licences for oil and gas exploration and production in the waters off the north east coast of the Atlantic island.

• Monday, January 7th 2013 - 13:52 UTC

  Several Fed members fearing inflation want a cap to the bond-buying program

  

  A number of senior figures at the Federal Reserve want the US central bank to stop or slow down its bond-buying program “well before the end of 2013”. December minutes of its interest rate-setting Federal Open Market Committee (FOMC) showed that “several” of its twelve members made the call.

• Monday, January 7th 2013 - 13:49 UTC

  Koreans again in love with US beef following aggressive campaign from industry

  

  Only four years ago 100.000 South Koreans lined the streets of Seoul to protest the return of US beef to Korea. Consumer confidence in US beef was at an all-time low to the extent that media outlets would not even accept paid ads promoting the products for fear of getting pulled into the protest backlash – instead joining the outrage by declaring US beef to be unsafe from BSE (bovine spongiform encephalopathy) or ‘mad cow’.

• Monday, January 7th 2013 - 13:33 UTC

  NZ farm workers wage increase above rising costs: 37.000 US dollars per annum

  

  New Zealand farm workers are doing better than their counterparts in other industries when it comes to wage rises. A Rabobank-Federated Farmers survey has shown farm workers recorded an overall average salary rise of 4.9% in the year to October, 2010.

• Monday, January 7th 2013 - 13:03 UTC

  Piñera after political consensus to declare state of emergency in Mapuche territory

  

  President Sebastián Piñera is considering declaring the state of emergency in the Araucanía region, in southern Chile, where six arson attacks which cost the lives of two people took place since Friday, Interior Minister Andrés Chadwick said.