Three experts in the use of renewable energy who were visiting the Falkland Islands this week as the guests of the Falkland Islands Government declared themselves surprised by extent of the efforts made in the Islands to reduce dependence on fossil fuels.
President Jose Mujica reacted furiously to the accusation of Uruguay as a 'pirate state' from the UN official in charge of drugs' control, who was protesting the legalization of marihuana and because allegedly he was never received by the Uruguayan leader. Mujica bluntly replied, leaving aside all nice talk, tell that old man to stop lying and stop showing off to the stands.
Uruguay's recent passing of a bill legalizing cannabis from production to distribution has generated headlines and controversy worldwide. The basics of the law is that current methods to combat drugs addiction and trade have failed completely and new options should be experimented.
The Guardian columnist Simon Jenkins writes on the controversy.
UK Minister for the Armed Forces said that a very, very long and continued presence in Gibraltar, with no defense cuts for the foreseeable future and full support of sovereignty were the key ingredients in the UK message he brought to the Rock. Before meeting Gibraltar authorities the minister took a tour of British Gibraltar waters with the Royal Navy.
Bank of England governor Mark Carney has said he is concerned about the potential for a UK housing market bubble, but will tighten lending requirements if necessary. Meanwhile, a survey suggested house prices will continue surging ahead.
Lloyds Banking Group has been fined £28m for serious failings in relation to bonus schemes for sales staff. The UK Financial Conduct Authority said it was the largest fine that it or the former Financial Services Authority had imposed for retail conduct failings.
The Argentine Central Bank, starved of dollars and declining international reserves started to trade new short-term dollar-denominate bonds in order to encourage the farm sector to sell the crops they are still holding on to. It is estimated that over 3bn dollars in mainly soybeans remain in the hands of farmers and cereal exporters.
Cabinet Chief Jorge Capitanich confirmed on Friday that President Cristina Fernández will announce next week an “economic and financial recognition” to the members of national security forces following the deployment of 12,000 agents across the country to counter the impacts of the police protests and lootings that hit almost all Argentine provinces over the past days.
Prince Harry and his fellow adventurers in the Walking With The Wounded expedition have arrived at the South Pole, the organizers have said. The group stood at the bottom of the world at 12:00 GMT Friday after more than three weeks of pulling sleds.