Stories for November 24th 2014

Monday, November 24th 2014 - 10:26 UTC
Largest crane ship capable of lifting oil rigs delivered in Korea

The world's largest crane ship, which is capable of lifting oil rigs, has set sail from its shipyard in South Korea for Rotterdam Port in the Netherlands. The Pieter Schelte, which left South Korea last week is due to arrive at the port for completion in December.
Monday, November 24th 2014 - 07:44 UTC
IMF monitoring impact of Venezuela's economic stress for Caribbean islands

The International Monetary Fund (IMF) says it is monitoring the potential impact any changes to PetroCaribe, Venezuela’s oil alliance with several Caribbean islands will have on regional economies.
Monday, November 24th 2014 - 07:31 UTC
IMO adopts Polar Code which comes into force in 2017; environmental groups unsatisfied

The International Maritime Organization (IMO) has adopted the Polar Code aimed at regulating shipping in Polar Regions. Several environmental groups have criticized the measures for not going far enough to protect the Arctic and Antarctic environments, arguing that while the new code is a positive step forward, it is insufficient to properly protect Polar environments from the anticipated increased levels of shipping activity.
Monday, November 24th 2014 - 07:25 UTC
Britain confirms financial assistance to five Eastern Caribbean countries

Britain is providing assistance to five Eastern Caribbean countries “to help them return to economic growth while managing the risks from external shocks”. The Department for International Development (DFID) Caribbean says it will work closely with Antigua and Barbuda, Grenada, St Lucia, St Vincent and the Grenadines and Dominica under the new program that runs until 2020.
Monday, November 24th 2014 - 07:14 UTC
Brazil's JBS purchases leading ham and bacon supplier in Australia

Brazil's JBS, the world's biggest meat group, beefed up its growth in Australia with the 1.25bn dollars purchase of Primo Smallgoods Group. JBS said that through its JBS Australia business, it had paid Aus$1.45bn in cash for the supplier of the likes of ham and bacon to Oceania.
Monday, November 24th 2014 - 07:03 UTC
Peru investigating the death of 500 sea lions found on a northern beach

Peru is investigating the deaths of some 500 sea lions found on a beach on its northern coastline. The local governor has accused fishermen of poisoning the mammals, which usually come close to the shore looking for food.
Monday, November 24th 2014 - 06:45 UTC
Mexico/Uruguay incident following Mujica's statement about a 'failed state'

Mexico said on Sunday it was summoning Uruguay's ambassador after Uruguayan President Jose Mujica said that the disappearance of 43 students in southwest Mexico suggests the country is a 'failed state'.
Monday, November 24th 2014 - 06:37 UTC
Argentine central bank discards 'any devaluation' of the Peso in 2015

The head of Argentina's Central Bank Alejandro Vanoli reaffirmed that “there won’t be a devaluation” of the Peso next year and stressed that the government of President Cristina Fernandez will not give in to pressure from the financial market and the export sector.