Stories for 2013

Friday, October 25th 2013 - 05:59 UTC
All South Georgia licensed vessels must comply with the Torremolinos Protocol

As part of an initiative to ensure all licensed fishing vessels are of a good standard, the Government of South Georgia and South Sandwich Islands, GSGSSI, are undertaking inspections of all vessels to check their compliance with the Torremolinos Protocol on Fishing Vessel Safety, reports the latest edition of the South Georgia Newsletter.
Friday, October 25th 2013 - 05:56 UTC
US company pays heavy fined for bribing in several countries, including Argentina

The United States company Stryker Corp., the second-largest seller of orthopaedic devices, will pay more than 13.2 million dollars to settle U.S. regulatory claims that subsidiaries paid bribes in five countries to gain or retain business.
Friday, October 25th 2013 - 02:30 UTC
US monitored phone conversations of 35 world leaders according to Snowden

The United States monitored the phone conversations of 35 world leaders according to classified documents leaked by fugitive whistleblower Edward Snowden, Britain's Guardian newspaper said.
Friday, October 25th 2013 - 02:21 UTC
European Parliament gets tough on fishing industry and conservation

The European Parliament voted Wednesday to reject most new subsidies for the saltwater fishing industry and provide financial support for new ecologically friendly measures meant to prevent overfishing. But in a nod to commercial fishing fleets, the lawmakers did maintain some handouts to the industry.
Thursday, October 24th 2013 - 21:13 UTC
Pescanova 'faked' annual turnover in 2011 and 2012 by 80%, says KPMG audit

The auditing firm KPMG found out that the Galician multinational firm Pescanova ‘blew up’ up to 1,264% the price of seafood products sold to the 14 instrumental (straw) companies with which it operated through fake invoices.
Thursday, October 24th 2013 - 21:10 UTC
Falklands praises inter-parliamentary friendship group announced in Panama Assembly

The Falkland Islands Government has welcomed an announcement from the Panamanian National Assembly approving the formation of the Falkland Islands–Panamanian Inter-parliamentary Friendship Group.
Thursday, October 24th 2013 - 07:59 UTC
Cristina Fernandez is 'doing fine', but must continue with 30 days of rest and no stress

Argentine president Cristina Fernandez had a “neurologic-image control” test on Wednesday late evening at the Favaloro Hospital in Buenos Aires, following surgery last 8 October to remove a cranium blood clot. It was her first exit since 13 October when she was discharged from hospital and sent to the Olivos presidential residence for a strict 30 day rest-recovery period ordered by her medical team.
Thursday, October 24th 2013 - 07:54 UTC
'Parallel dollar holiday' in Argentina until after Sunday's election is anticipated

Despite a full-fledged crackdown on the 'cave-exchanges' in the financial sector of Buenos Aires the 'parallel' US dollar ended Wednesday trading as on the previous day at 10.05 Argentine Pesos while the official rate stood at 5.82 Pesos (buying price) and 5.87 Pesos (selling price).
Thursday, October 24th 2013 - 07:51 UTC
Brazil sells 3.2bn dollars in new global bonds to improve the best yield curve

Brazil sold about 3.2 billion dollars of new global bonds due in 2025, more than twice the original launch amount, as it paid the largest premium over U.S. Treasuries for a similar maturity since 2009 (approx 4.3%). The National Treasury is also buying back about 2 billion dollars of high-coupon notes maturing between 2017 and 2030.
Thursday, October 24th 2013 - 07:44 UTC
Falklands' oil companies FOGL and Desire merger should be finished by 19 December

Falkland Oil and Gas Ltd updated investors on its proposed merger with Desire Petroleum (DES) Wednesday lunchtime, signaling the combination should be finished by 19 December.