Stories for February 2014

Friday, February 21st 2014 - 10:02 UTC
Barcelona charged with tax fraud when the purchase of Brazil's forward Neymar

Barcelona have been charged by a Spanish court with committing tax fraud in the signing of Brazil forward Neymar last year in the latest twist to a saga that has already claimed the scalp of the club president.
Friday, February 21st 2014 - 08:05 UTC
Uruguay lowers growth estimate for 2014 to 3% of GDP; inflation still a challenge

Uruguay's GDP this year is expected to expand by 3%, below the original estimate of 4%, according to Economy minister Mario Bergara currently in the United States on a tour to promote investments in the country and who was interviewed by Bloomberg.
Friday, February 21st 2014 - 07:56 UTC
South Georgia research vessels' season: three were active in January plus HMS Protector

Several research vessels coincided in South Georgia Island during the month of January plus HMS Protector involved in extensive surveying of South Sandwich Island for the UK Hydrographic Office, reports the latest edition of the South Georgia newsletter.
Friday, February 21st 2014 - 07:49 UTC
Successful second phase removal of reindeer in South Georgia

The second phase of the government of South Georgia and South Sandwich Islands (GSGSSI) project to remove introduced reindeer from South Georgia got underway in early January, reports the latest edition of the South Georgia newsletter.
Friday, February 21st 2014 - 07:41 UTC
HMS Portland involved in anti-narcotics training with the Cape Verde Coast Guard

On her way to South Africa and the South Atlantic islands of Falklands and South Georgia, the Royal Navy's Atlantic patrol HMS Portland after a brief stop at the port of Mindelo sailed back out to sea with a boarding team from Cape Verde embarked.
Friday, February 21st 2014 - 07:30 UTC
Chancellor Osborne warns UK recovery 'is not yet secure' despite recent growth surge

UK Chancellor George Osborne said next month’s Budget will continue to confront Britain’s problems as he cautioned the recovery was “not yet secure” despite a recent surge in growth.
Friday, February 21st 2014 - 07:22 UTC
Independence debate heats up: Scotland will be able to issue its own investment bonds

The Scottish government will be given power to issue its own investment bonds, UK ministers have announced. The move will give the Holyrood administration an extra source of financing when it gets new borrowing powers, in 2015. Chief Secretary to the Treasury Danny Alexander called the move “historic”.
Friday, February 21st 2014 - 07:15 UTC
Chinese flair for France's second largest automobile group, PSA Peugeot-Citroen

Struggling French carmaker PSA Peugeot Citroen has sealed a long-awaited rescue deal that will see its founding family cede control of the company. China's Dongfeng Motors and the French government will each invest about 800m Euros in return for 14% stakes. Another 1.4bn Euros will be raised from existing investors in Peugeot.
Friday, February 21st 2014 - 07:12 UTC
Brazil announces budget spending cuts to meet primary budget surplus

Brazil's government on Thursday announced 44 billion Reais (18.41 billion dollars) in spending cuts as it seeks to meet its primary budget surplus target for 2014. This year's cuts exceed the 38 billion Reais (some 15.9 billion) in budget reductions announced in 2013 and extend to all government departments except education, health, social development, and science and technology.
Friday, February 21st 2014 - 07:06 UTC
Argentine restructured bondholders appeal to the US Supreme Court

A group of bondholders that entered the restructuring of Argentine debt in 2005 and 2010 have presented their own appeal before the United States Supreme Court, in the case involving the so-called holdout hedge funds. The petition, made public on Thursday, mirrors a similar appeal carried out on Tuesday by the Argentine government.