Stories for May 22nd 2013

Wednesday, May 22nd 2013 - 23:42 UTC
Falklands and other BOT should be given a seat in the Commons, says MEP Farage

The Falkland Islands, Gibraltar and Britain’s other Overseas Territories should be given a seat in the Commons, UK Independent Party MEP Nigel Farage said on Tuesday. The UKIP leader claims their voices are dangerously ‘muted’ in Britain and they should be allowed to elect their own ‘MP for the Territories’, following on the French experience.
Wednesday, May 22nd 2013 - 23:28 UTC
Gibraltar: UK has no plans ‘at present’ to extend the 12 miles territorial waters around Gibraltar

The British Government has no plans “at present” to extend British territorial waters around the Rock but does not rule out doing so in the future. The position was revealed in a statement by David Lidington, Britain’s Minister for Europe, in response to a question in the House of Commons.
Wednesday, May 22nd 2013 - 23:08 UTC
Argentina's Judicial Reform: A Farewell to the Rule of Law and the Separation of Powers.

By Rodolfo Arrate (*) - The Argentine poet Jorge Luis Borges famously declared: “Democracy is an abuse of statistics”. Observing the evolution of the political regime in Argentina nowadays, the poet’s sentence may well have turned into a prophecy.
Wednesday, May 22nd 2013 - 23:03 UTC
US airline closes 4bn dollars deal with Brazil’s Embraer for 40 commuter aircraft

United Airlines partner SkyWest Inc. agreed to buy more than 4 billion dollars of Brazil’s Embraer jets as new pilot contracts at the largest carriers allow commuter operators to fly bigger planes.
Wednesday, May 22nd 2013 - 18:14 UTC
Uruguay’s booming construction industry anticipates a tough year ahead

The investment in the construction industry in Uruguay soared 26.45% last year over 2011 and reached seven billion dollars, of which 40% correspond to the Brazilian-Chilean pulp mill, Montes del Plata, the country’s largest investment in years equivalent to 2 billion dollars. However there are storm clouds ahead.
Wednesday, May 22nd 2013 - 18:09 UTC
Quarter of Italians edging the poverty line and most youngsters survive thanks to Mon and Dad

One out of four Italians up to 40 years of age survive with the help of their parents, according to a report on “Youth and the crisis” released this week in Milan. Another report from the Italian national statistics institute (ISTAT) says millions of Italians have or are close to falling below the poverty line.
Wednesday, May 22nd 2013 - 18:00 UTC
China/Latam trade expanded 8% in 2012 and region’s deficit jumped to 6.6bn

Latin America's trade deficit with China jumped to 6.6 billion dollars last year from only 150 million in 2011, according to an analysis by online publication Latinvex based on new data from the IMF. Total trade between China and Latin America grew 8% last year to 255.5bn which means the region’s trade with China is growing faster than with the United States, 6.2%.
Wednesday, May 22nd 2013 - 17:55 UTC
“Fed not ready to take its foot off the gas”, Bernanke tells the US Congress

The Federal Reserve's monetary stimulus is helping the US economy recover, and the central bank needs to see further signs of traction before taking its foot off the gas, central bank chairman Ben Bernanke said on Wednesday.
Wednesday, May 22nd 2013 - 17:47 UTC
Merkel and Brazil’s Rousseff the most powerful women in the world, according to Forbes

German Chancellor Angela Merkel topped Forbes's list of the world's most powerful women for the third consecutive year, followed by Brazil's Dilma Rousseff, the magazine said on Wednesday. Cristina Fernandez from Argentina dropped ten places and now stands in position 26.
Wednesday, May 22nd 2013 - 10:28 UTC
UK approves vaccine against Schmallenberg virus which attacks pregnant cattle and sheep

A vaccine to protect sheep and cattle from a virus spread by midges has been approved by UK government vets. The virus, which emerged in the Netherlands and Germany in 2011, can lead to sheep and cattle having stillborn or deformed offspring.