MercoPress. South Atlantic News Agency
Stories for January 7th 2014
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Tuesday, January 7th 2014 - 23:58 UTC
Record 496 Spanish incursions into Gibraltar waters, says the Foreign Office
The Sunday Telegraph reported a record number of Spanish incursions into Gibraltar waters last year, but its calculations in fact fell short of the final total, reports the Gibraltar Chronicle.
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Tuesday, January 7th 2014 - 23:48 UTC
Earth's gassy twin has been discovered in another solar system 200 light years away
Earth’s gassy twin has been discovered in another solar system 200 light years away. The planet, known as KOI-314c, weighs the same as the Earth but is 60% larger, leading scientists to suspect it has a thick gaseous atmosphere.
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Tuesday, January 7th 2014 - 23:43 UTC
Falklands and Atlantic patrol HMS Richmond commended by Commander La Forte
Falkland Islands based Commander British Forces South Atlantic Islands, Air Commodore Russell La Forte CBE presented HMS Richmond with his personal Commendation in recognition of Distinguished Service in the region by the Type 23 Duke Class frigate during her Atlantic Patrol Tasking.
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Tuesday, January 7th 2014 - 23:28 UTC
JP Morgan will pay 1.7bn dollars penalty related to Bernard Madoff's fraud
JPMorgan Chase & Co will pay a 1.7 billion dollars penalty to settle charges by US federal authorities that the bank failed to report suspicious activity relating to Bernard Madoff's Ponzi scheme.
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Tuesday, January 7th 2014 - 06:09 UTC
Main threat to world economy in 2014 is not the Euro-zone but China, says Soros
George Soros says stop worrying about the Euro-zone and look at the slower growth in China. The hedge fund boss, who built his fortune betting on the world’s money markets, is concerned that twenty years of rapid growth is about to run out of steam.
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Tuesday, January 7th 2014 - 06:05 UTC
For second year running Uruguay manages deflation in December, keeps inflation in one digit
Uruguay again managed a December with deflation, (as happened exactly a year ago) with the consumer prices index down 0.72%, helping to bring 2013 inflation to 8.52%, according to the official stats office, INE. This is the sixth year in the last ten that Uruguay despite an unprecedented decade long growth-boom and abundant revenue overshoots its inflation target.
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Tuesday, January 7th 2014 - 05:58 UTC
Yellen confirmed as next Federal Reserve chairperson: Senate votes 56-26
Janet Yellen, a key force behind the Federal Reserve's unprecedented and controversial efforts to boost the US economy, was confirmed on Monday by the Senate to lead the central bank just as it begins to unwind that stimulus.
