MercoPress. South Atlantic News Agency
Stories for December 19th 2013
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Thursday, December 19th 2013 - 06:25 UTC
UK claims Argentina escalating Falklands dispute to divert public opinion from economic problems
Britain accused the Argentine government on Tuesday of revving up a dispute over the sovereignty of the Falkland Islands to try to divert public opinion attention away from the country's severe economic problems.
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Thursday, December 19th 2013 - 06:06 UTC
Brazil surprises and hands Sweden Gripens the contract for 36 new fighters
Sweden's Saab AB prevailed over U.S. giant Boeing and French manufacturer Dassault Aviation in a competition to supply the Brazilian air force with 36 aircraft to replace its aging Mirage 2000s, Brazil said Wednesday.
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Thursday, December 19th 2013 - 06:01 UTC
Fed announces gradual conditioned tapering of stimuli from next January
The U.S. Federal Reserve will start scaling back its monthly bond-buying program as early as next month, but the reduction will be gradual. The Federal Reserve has been buying 85 billion dollars a month in government bonds in an effort to keep interest rates low and boost economic growth.
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Thursday, December 19th 2013 - 05:55 UTC
US congress agrees budget deal reducing risk of government shutdown
On the same day the Federal Reserve announced tapering of stimulus, the US Senate passed a two-year budget deal to ease automatic spending cuts and reduce the risk of a government shutdown, but fights were already breaking out over how to implement the budget pact
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Thursday, December 19th 2013 - 05:51 UTC
Concerned with stagnant tourism, Caribbean to promote the region as a single destination
The Barbados-based Caribbean Tourism Organization (CTO) will next month celebrate its 25th anniversary amidst a call for the region to be promoted as a single destination. CTO Chairman, Beverly Nicholson Doty, in a Christmas message, said that her wish for the sector in 2014 was that Caribbean countries commit themselves to promoting the region as one destination
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Thursday, December 19th 2013 - 05:41 UTC
Euro-zone agrees on banking reform, another step towards banking union
Euro-zone finance ministers have agreed on a long-awaited pact on how to deal with failing banks in the region. It aims to create a 55bn euro fund - financed by the banking industry, over the next 10 years. The fund would be backed by a new agency, which will decide on how to deal with failing banks.
