Stories for April 4th 2013

Thursday, April 4th 2013 - 16:59 UTC
Gas starts flowing from Israel's Levant Basin, what now?

By Jen Alic - The first gas has started flowing from Israel's super-giant Tamar gas-field in the Levant Basin. Where it will go will redraw the Mediterranean energy map and the geopolitics that goes along with it.
Thursday, April 4th 2013 - 08:10 UTC
Death toll of 54 as torrential rain and flash floods hit La Plata and Buenos Aires

The death toll from the heavy rains and flash floods that have pounded Buenos Aires City and La Plata, capital of the Buenos Aires province have climbed to at least 54, and could increase, Argentine authorities said on Wednesday.
Thursday, April 4th 2013 - 07:59 UTC
Argentina again this year will use reserves to comply with debt commitments

Argentina will use 2.3 billion dollars of central bank reserves this year to meet payments to international financing organizations and on its official bilateral debt, according to the Official Gazette.
Thursday, April 4th 2013 - 07:56 UTC
Uruguay reports lower inflation in March but the first quarter index was 3.59%

Uruguay consumer prices climbed 0.66% during March totalling 3.59% in the first quarter of the year and 8.54% in the last twelve months, according to a Wednesday release from the National Stats Office, INE.
Thursday, April 4th 2013 - 07:51 UTC
Brazilian industrial production continues to struggle despite all the incentives

Brazil’s industrial output shrank more than expected in February, reversing most of the previous month’s gains and casting fresh doubt over the health of an anaemic recovery in the struggling sector.
Thursday, April 4th 2013 - 07:45 UTC
Brazil central bank admits difficulties in taming stubbornly high inflation

Brazil’s Central Bank will keep a close eye on the economy to see if there is a need for any action to tame stubbornly high inflation, the bank's chief Alexandre Tombini said in a presentation to the Senate's economic affairs committee
Thursday, April 4th 2013 - 07:40 UTC
Batelco completes buyout of Cable & Wireless; includes Falklands, St Helena and Ascension services

Cable & Wireless Communications (CWC) has completed the disposal of the majority of its Monaco & Islands division, which was announced last December and includes the South Atlantic islands of Falklands, Ascension and St Helena.
Thursday, April 4th 2013 - 07:28 UTC
UN calls for a world free from the threat of mines and other remnants of war

On 8 December 2005, the UN General Assembly declared that 4 April of each year shall be observed as the International Day for Mine Awareness and Assistance in Mine Action. To that effect UN Secretary General has released a message.
Thursday, April 4th 2013 - 07:07 UTC
On Mine Awareness Day, OAS praises Colombia, Peru and Ecuador

On the International Mine Awareness Day (April 4), the Organization of American States highlighted the successful humanitarian demining efforts throughout the Americas. National authorities in Colombia, Ecuador and Peru are to be commended for increasing awareness of the dangers posed by landmines, for reducing the number of landmine victims, and for assuming responsibility for their national programs, said OAS.
Thursday, April 4th 2013 - 02:47 UTC
Argentine defaulted bond-holders have until 22 April to respond to the proposed payment plan

A US appeals court gave holders of defaulted Argentina debt three weeks to respond to the country’s proposed plan to pay them much less than the 1.33 billion dollars they have sued to collect.