Stories for September 26th 2013

Thursday, September 26th 2013 - 22:43 UTC
Argentina appeals Judge Griesa ruling stating central bank reserves are ‘seizable’ for certain purposes

New York Judge Thomas Griesa has ruled against Argentina's request to dismiss a lawsuit over the Central Bank (BCRA) reserves, which if upheld could allow holdout creditors to seize assets belonging to the country.
Thursday, September 26th 2013 - 21:51 UTC
Falkland Islands legislative dissolved in advance of November 7 general election

The Falkland Islands elected Legislative Assembly was dissolved on Thursday by Governor Nigel Haywood in advance of the General Election scheduled to be held on November 7.
Thursday, September 26th 2013 - 21:45 UTC
Pacific Alliance makes its official presentation in New York with three presidents

The Pacific Alliance made its official presentation in New York before 200 business people and investors, mostly from the US, with four top anchor men: the presidents of Chile, Peru and Colombia and Mexico’s foreign trade minister since head of state Enrique Peña Nieto had to remain in the country because of the catastrophic floods.
Thursday, September 26th 2013 - 21:36 UTC
Spain out of recession “but not out of the crisis”, Rajoy tells US financial media

President Mariano Rajoy making the round of financial media in New York this week, said Spain had emerged from recession in the third quarter with estimated economic growth of 0.1% to 0.2% forecast and 0.5% to 1% in 2014.
Thursday, September 26th 2013 - 21:29 UTC
Rajoy calls on UK for dialogue on Gibraltar, last ‘colonial anachronism’ in Europe

Addressing the UN General Assembly Spanish President Mariano Rajoy described the Gibraltar situation as a ‘colonial anachronism’ and criticized UK’s dialogue denial attitude on the Rock’s sovereignty. The speech comes at a tense moment in Gibraltar and Spain relations, but according to the Madrid press, Rajoy was less forceful than expected.
Thursday, September 26th 2013 - 21:19 UTC
FAO believes livestock greenhouse gas emissions could be reduced as much as 30%

Wider use of available best practices and technologies could help reduce greenhouse gas emissions from the livestock sector by as much as 30%, according to a new study released on Thursday by the United Nations Food and Agriculture Organization, FAO.
Thursday, September 26th 2013 - 21:04 UTC
A sugar rush that could fuel the economy

By R. Viswanathan (*) - India should take its cue from Brazil and invest in ethanol as a viable commercial substitute for costly petrol.
Thursday, September 26th 2013 - 20:55 UTC
Falklands/Gibraltar: Argentina and Spain agree to team up and pressure UK

Argentina and Spain agreed on Thursday to team up to pressure Britain to discuss their separate claims on British territories: the Falklands in the south Atlantic and Gibraltar near the southern tip of Spain.
Thursday, September 26th 2013 - 06:51 UTC
Argentina expects a large crop of wheat next November despite recent frosts

Argentina is on track to harvest more wheat this season as greater acreage and coming warm weather should offset any yield loss caused by recent frosts that hit in the last days of the Southern Hemisphere winter.
Thursday, September 26th 2013 - 06:39 UTC
Brazilian industry forecasts higher GDP growth this year: 2.4%

The Brazilian industrial federation on Wednesday upped its 2013 growth forecast to 1.4% from 1% and its GDP growth projection from 2% to 2.4%. But, despite the better data, the National Confederation of Industry (CNI) urged caution. “The improved economic outlook is no guarantee of a strong growth rate,” it said.