Stories for November 22nd 2014

Saturday, November 22nd 2014 - 20:54 UTC
Falklands' youth teams put up a great show in Chilean football tournament

The two Falkland Islands youth teams competing in a football tournament in Punta Arenas, Chile have managed two excellent wins and also scored goals in almost every match they played proud coach Wayne Clement told Penguin News this week.
Saturday, November 22nd 2014 - 09:19 UTC
Brazil committed to advance with EU/Mercosur trade negotiations

Brazil must speed international trade agreement negotiations, said cabinet chief Aloizo Mercadante, in direct reference to Mercosur and demanding an end to internal disputes.
Saturday, November 22nd 2014 - 09:13 UTC
Argentina's economy weakens in September, according to official stats

Argentina's economy weakened slightly in September as high inflation and declining purchasing power curbed sales and industrial production. A proxy for economic growth published by the government fell 0.2% on the year, the national statistics agency Indec reported Friday.
Saturday, November 22nd 2014 - 06:54 UTC
Mexican president hails Obama's decisions on immigration

Mexican President Enrique Peña Nieto hailed US President Barack Obama's sweeping steps on immigration, saying they were “most important measures taken in several decades” and would allow families to stay together.
Saturday, November 22nd 2014 - 06:47 UTC
Falklands construction booming: permission for second 80 bedroom hotel

Building continues at a steady rate in the Falkland Islands with 15 applications approved for construction in the capital Stanley, including permission for an 80 bedroom employees hotel for oil exploration technical staff, according to the latest Planning and Building Committee meeting.
Saturday, November 22nd 2014 - 06:07 UTC
Rousseff expected to announce proven fiscal hawk as Finance minister

Brazilian president Dilma Rousseff already has the names for crucial posts in her new government, but they will not be announced until next Wednesday according to reports in Sao Paulo and Rio do Janeiro newspapers based on Planalto sources. But the names were sufficient to make the Sao Paulo stock exchange surge 5% on Friday.
Saturday, November 22nd 2014 - 06:00 UTC
World markets celebrate after China cuts benchmark interest rates

China's central bank on Friday unexpectedly cut benchmark interest rates for the first time in more than two years, as authorities seek to prop up flagging growth in the world's second-largest economy.
Saturday, November 22nd 2014 - 05:49 UTC
US Senate grills banks accused of 'unfair' trading practices with commoditisers

Executives of three US banks are being grilled by senators over accusations the banks engaged in unfair trading practices relating to several commodities. A two-year report found that Goldman Sachs, Morgan Stanley and JP Morgan Chase bought up large stockpiles of commodities like aluminum and copper.
Saturday, November 22nd 2014 - 05:30 UTC
UK reacts to 'Malvinas are Argentine' signs on public transportation

The UK has objected to Argentine congress decision that public transportation should carry signs expressing the country's claim over the Falkland Islands. A law passed by the Argentine Congress says vehicles must declare “Las Malvinas son Argentinas”, or the “Malvinas are Argentine”.