Stories for 2014

Wednesday, February 26th 2014 - 07:10 UTC
Paraguay will chair Mercosur in the next six months, says Dilma Rousseff

Paraguay will hold the following rotating chair of Mercosur, (if the group's summit to be hosted by Venezuela and which has been delayed on several occasions really takes place). The announcement was made by Brazilian president Dilma Rousseff during her visit on Monday to Brussels for the Brazil/EU summit, who underlined that Brazil supports dialogue as the way out to the current situation in Venezuela.
Wednesday, February 26th 2014 - 07:03 UTC
Britain's oil and gas industry faces 'biggest challenge in 50 years' because of low level of exploration

Britain's oil and gas industry has warned it faces its “biggest challenge in 50 years” due to the low levels of exploration. Industry body Oil and Gas UK said only 15 wells were drilled last year. That was despite strong levels of investment, reaching a record last year and sustained this year.
Wednesday, February 26th 2014 - 06:58 UTC
Gibraltar announces discount on passenger dues to attract more cruise vessels

In a bid to attract more cruise ships to Gibraltar, the Minister for the Port, Neil Costa, has announced changes to the Port Rules, which regulate the amount of discount on passenger dues. The amendment allows ‘repositioning’ calls from the Mediterranean to the Caribbean or vice-versa to benefit from a 100% markdown on passenger dues.
Wednesday, February 26th 2014 - 06:50 UTC
How much does the taxman take, according to PWC and OECD?

Tax rates do vary dramatically depending on which country you live in. The accountancy firm PricewaterhouseCoopers (PWC) has crunched the numbers for the G20 nations. For each country, they calculated how much a high earner on a salary of $400,000 (£240,000) in 2013, with a mortgage of $1.2m (£750,000), would have left after all income tax rates and social security contributions.
Tuesday, February 25th 2014 - 21:00 UTC
Brazilian Federal police on two-day strike for better wages and working conditions

Brazil's federal police started on Tuesday a two-day work stoppage to demand better wages and improved security for the World Cup.
Tuesday, February 25th 2014 - 20:51 UTC
Qatar, host of 2022 World Cup described as 'a slave state' by ITUC which calls on FIFA to act

FIFA recognized the terrible conditions for migrant workers in Qatar, host of the 2022 World Cup, at a European Parliament hearing but fell short of calling for an end to the kafala visa system which enslaves people working in the country.
Tuesday, February 25th 2014 - 20:43 UTC
Repsol board approves the YPF compensation deal worked out with Argentina

Spanish oil major Repsol's board approved on Tuesday in Madrid a definitive 5 billion dollars settlement from Argentina over assets seized in 2012, drawing a line under a two-year battle for compensation.
Tuesday, February 25th 2014 - 20:35 UTC
US orders three Venezuelan diplomats out of the country in reprisal for similar measure from Maduro

The United States ordered three Venezuelan diplomats to leave in reprisal for President Nicolas Maduro's expulsion of three US embassy staff accused of fomenting unrest that has killed at least 13 people.
Tuesday, February 25th 2014 - 20:26 UTC
Falkland Islands with an acting governor until April

Falkland Islands former Governor Nigel Haywood CVO departed the Islands on Tuesday and his successor, Colin Roberts CVO, is not expected to take up his post before late April. In the interim, John Duncan OBE has been designated as acting Governor of the Falkland Islands and acting Commissioner of South Georgia & the South Sandwich Islands.
Tuesday, February 25th 2014 - 17:29 UTC
Gibraltar moved from Group to avoid playing Spain at qualifier for UEFA EURO 2016

Gibraltar will play against the might of Germany, Scotland, Poland, the Republic of Ireland and Georgia in Group D of the qualifying rounds in the Euro 2016 football championships. Gibraltar’s first match is a home-fixture on 7 September against Poland.