Stories for April 19th 2013

Friday, April 19th 2013 - 13:17 UTC
With the support of Unasur and a vote-audit promise, Maduro takes the oath of office

President-elect Nicolas Maduro was set to be inaugurated in Venezuela Friday as election officials moved to defuse a political crisis by yielding to demands for an audit of the electronic votes of the results in Sunday's bitterly contested elections.
Friday, April 19th 2013 - 06:37 UTC
Electoral council extends auditing to all Sunday votes; Capriles accepts

Venezuela’s National Electoral Council, CNE said on Thursday it would audit votes cast in weekend presidential elections after an opposition challenge to the victory accorded to President-elect Nicolas Maduro.
Friday, April 19th 2013 - 06:32 UTC
Falkland Islands Holdings expects a quantum leap in the local economy over the next decade

Falkland Islands Holdings, which owns the Falkland Islands Company, FIC, expects to report a slight fall in annual profits but anticipates a quantum leap in the Falklands’ economy over the next decade with the oil industry and the commencement in 2014 of the Sea Lion project.
Friday, April 19th 2013 - 06:24 UTC
Falkland Islands’ Sea Lion project will demand 5bn dollars and first oil is expected 2017

UK independent oil and gas Premier Oil company said that the Falkland Islands Sea Lion project is one of their biggest operations undertaken to date involving an investment of 5 billion dollars with first oil expected sometime in 2017.
Friday, April 19th 2013 - 05:46 UTC
Argentina begins Washington round of contacts ahead of IMF-WB spring meeting

Argentine Economy Minister Hernán Lorenzino is in Washington ready to start his official activities in the margins of the 2013 International Monetary Fund and World Bank Spring meeting.
Friday, April 19th 2013 - 05:39 UTC
IMF chief summoned to appear before French court over an arbitration payment

IMF chief Christine Lagarde has been summoned to appear before a French magistrate on May 23 for questioning over an arbitration payment to a wealthy supporter of former President Nicholas Sarkozy, news website Mediapart reported.
Friday, April 19th 2013 - 05:33 UTC
Argentine Catholic Church criticism of judicial reform triggers ironic statements from Senator

The Cristina Fernandez administration renewed relations with the Catholic Church, since the naming of Cardinal Bergoglio from Buenos Aires Pope Francis could be facing their first challenge because of the controversial judicial reform the Argentine president is pushing through congress.
Friday, April 19th 2013 - 05:03 UTC
Two million Argentines across the country join the biggest anti-government protest in years

Almost two million Argentines marched on Thursday evening across the country’s cities and towns in one of the biggest anti-government protests in years highlighting public anger over a deteriorating economy, corruption, street crime and President Cristina Fernandez efforts to reform the media, the courts and the constitution so she can bid for a third consecutive four year mandate.
Friday, April 19th 2013 - 03:14 UTC
May peace prevail: Cristina and Mujica fly together to Peru on Tango 01

Sooner than expected Argentine President Cristina Fernandez seems to have accepted her Uruguayan peer Jose Mujica’s apologies following his coarse words: “this old lady is worse than the one-eyed man” to refer to the Argentine leader and her late husband Nestor Kirchner.
Friday, April 19th 2013 - 02:51 UTC
Argentine international reserves fall below the 40bn dollars benchmark, 8% so far this year

Argentina’s Central bank international reserves have fallen below the 40bn dollars benchmark, which is the lowest in six years, according to the bank’s official data. So far this year the drain has been 3.48bn dollars and 12.84bn from the record 52.6bn of January 2011.