Stories for November 2014

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”.
Friday, November 21st 2014 - 22:55 UTC
“Habeas corpus” does not apply to Sumatran orangutan in Buenos Aires zoo

Sandra, a 20-year Sumatran orangutan must remain at the Buenos Aires zoo following the rejection of an habeas corpus request presented by a group in defense of animal rights. The magistrate ruled that the 'non human person' presentation was not applicable to Sandra as pretended by AFADA, Association of Staff and Lawyers for Animals' rights.
Friday, November 21st 2014 - 21:16 UTC
Falklands opens dock facility to support oil industry exploration beginning 2015

This week Houston based Noble Energy, one of the several oil companies operating in the Falkland Islands made the official opening of the temporary dock facility (TDF) in Stanley, an essential piece for the logistics of the industry which is scheduled to begin another round of exploratory drilling in the first quarter of next year.
Friday, November 21st 2014 - 08:56 UTC
Pope Francis condemns speculation with food commodities at FAO conference

Pope Francis condemned speculation in food commodities and greed for profits today, saying they were undermining the global fight against poverty and hunger. Addressing a United Nations conference on nutrition, he called on rich nations to share their wealth and denounced waste, excessive consumption and unequal distribution of food.