Stories for July 22nd 2014

Tuesday, July 22nd 2014 - 23:35 UTC
Criminal investigation into possible price rigging in London foreign exchange market

The United Kingdom Serious Fraud Office (SFO) has launched a criminal investigation into allegations of price rigging in the £3tn-a-day foreign exchange market. The probe will look into allegations of “fraudulent conduct”, the director of the SFO said in a statement.
Tuesday, July 22nd 2014 - 23:17 UTC
China outdated meat supplier scandal hits McDonald's and KFC

Chinese branches of fast food chains, including McDonald's and KFC, have stopped using meat from a supplier in Shanghai following allegations it sold them out of date meat. According to Xinhua, the state-owned news agency, authorities in Shanghai have ordered the suspension of operations at Shanghai Husi Food Co.
Tuesday, July 22nd 2014 - 22:59 UTC
A racehorse owned by Queen Elizabeth has tested positive for morphine

A racehorse owned by the Queen has tested positive for morphine. Buckingham Palace said the banned substance was found in Estimate, trained by Sir Michael Stoute, reports the BBC. Initial indications are that the positive test resulted from the consumption of a contaminated feed product, the Palace said.
Tuesday, July 22nd 2014 - 22:36 UTC
US and EU ban airline flights to Israel after Hamas rocket lands near Tel Aviv airport

The United States Federal Aviation Administration, FAA, is prohibiting US airlines from flying to Israel's international airport in Tel Aviv for 24 hours, after a rocket fired by Hamas militants in Gaza landed nearby, damaging a house and slightly injuring one Israeli. European airlines quickly canceled their flights as well.
Tuesday, July 22nd 2014 - 21:10 UTC
“We are Falklands” photo exhibition opened in The Mall Galleries in London

“We Are Falklands” an exhibition collecting works from Falkland Islanders and amateur photographers opened on Monday to the general public at The Mall Galleries in central London.
Tuesday, July 22nd 2014 - 19:54 UTC
Falklands' largest ever squad competing at Commonwealth Games in Glasgow

Commonwealth Games take off in Glasgow, Scotland on Wednesday with the Falklands squad the largest the Islands have ever sent to the Games. Falklands will be competing in Badminton, Lawn Bowls and Shooting. The Games are estimated to have a global audience of 1.5 billion during the lavish opening ceremony.
Tuesday, July 22nd 2014 - 09:05 UTC
Mercosur was not created to become a fortress of 'hyper-protectionism'

Former Uruguayan president Julio Maria Sanguinetti and founder of the Montevideo Circle Foundation said Mercosur was not created to become a fortress of hyper protectionism but rather to promote competition and integration with flexibility. Sanguinetti participated in a round of conferences of the Montevideo Circle Foundation in Paraguay.
Tuesday, July 22nd 2014 - 09:00 UTC
Mercosur has 'yet to crystallize' but 'I remain positive' says Cardoso

Former Brazilian president Fernando Henrique Cardoso said that Mercosur has 'yet to crystallize as a customs union' and pointed to the common external tariff which is the founding stone but is “full of objections” as the main hurdle. Nevertheless “I remain positive about the strength of Mercosur”.
Tuesday, July 22nd 2014 - 08:51 UTC
Spain doubles challenge on Gibraltar waters dispute: summons UK ambassador

Spain accused Britain of “unacceptable interference” for launching a diplomatic protest over the actions of a Spanish navy vessel off Gibraltar.
Tuesday, July 22nd 2014 - 08:10 UTC
“Busy and diverse tourism season” South Georgia tells IAATO meeting

In the Government of South Georgia and South Sandwich Islands’ annual address to the tourism industry at the IAATO (International Association of Antarctica Tour Operators) meeting in Providence, Richard McKee, GSGSSI Executive Officer summarized the 2013-14 season as “incredibly busy and diverse” given the 55 cruise ship calls.