Stories for July 2014

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.
Tuesday, July 22nd 2014 - 08:02 UTC
“Calamitous” state of Argentine Armed Forces equipment

Argentine investigative reporter Jorge Lanata, loathed by the current government of president Cristina Fernandez for his disclosure of the close business links of certain unscrupulous entrepreneurs (or most probably straw-men) who have become millionaires during the Kirchner years, has now exposed the 'calamitous' state of the Argentine armed forces equipment.
Tuesday, July 22nd 2014 - 06:49 UTC
Argentina again requests stay ruling from Judge Griesa to pay restructured bondholders

Argentina asked U.S. judge Thomas Griesa on Monday to put on hold an order requiring it to pay bondholders who did not participate in debt restructurings following the country's 2002 default, while it seeks a “global resolution.”
Tuesday, July 22nd 2014 - 06:39 UTC
China/Argentina swap disagreements to be addressed by courts in London and Paris

Argentina's current confrontation in New York with Judge Thomas Griesa and the holdout speculative funds brings up the issue of having resigned the sovereignty of Argentine courts at the time of negotiating or restructuring foreign debt.
Tuesday, July 22nd 2014 - 06:25 UTC
Venezuela admits its ever growing dependency from China

Venezuela confirmed Monday that its relations with China have become a fundamental pillar for making progress in almost all sectors of its economy. With a new portfolio of accords and almost 5.7 billion in loans, Beijing will provide support in many key areas.
Monday, July 21st 2014 - 07:38 UTC
Ten hectic days await Argentina, and a possible second default in 12 years

Ten hectic days ahead for Argentina since come 30 July and no agreement has been reached at the New York court of Federal Judge Thomas Griesa, (full payment plus accrued interests to holdout speculative funds) the country would be forced to a second default in twelve years with all the political consequences for Cristina Fernandez and Mercosur.