Stories for 2014

Tuesday, February 25th 2014 - 07:22 UTC
Gibraltar expands network of agreements for exchange of tax information

Gibraltar lawmakers unanimously approved new legislation that will dramatically expand Gibraltar’s network of agreements for the exchange of tax information. The legislation implements OECD’s Convention on Mutual Administrative Assistance in Tax Matters in Gibraltar ahead of the March 1 deadline.
Tuesday, February 25th 2014 - 04:59 UTC
HMS Richmond back in Portsmouth with a special honor received in Falklands

HMS Richmond is back in Portsmouth at the end of her South Atlantic patrolling that saw her spend 2,881 hours at sea covering 33,316 nautical miles, visiting seven foreign countries (Portugal, Cape Verde, South Africa, Panama, Colombia, Bahamas and the United States of America) and five British Overseas Territories (Ascension Island, St Helena, Falkland Islands, Tristan da Cunha and South Georgia).
Tuesday, February 25th 2014 - 04:41 UTC
Falklands oil company completes 3D survey; prepares drilling program for next year

Falkland Oil and Gas Ltd, FOGL, announced on Monday the completion of its 3D seismic survey offshore the Falkland Islands. This is the third and final 3D survey prior to the next drilling program, which is expected to commence in early 2015, said the company in a release.
Tuesday, February 25th 2014 - 04:36 UTC
Mexican billionaire Slim and Protto group, to become main shareholders of New York Times

Mexican magnate Carlos Slim and the Italian group Proto will be the principal shareholders of the US daily The New York Times (NYT), said sources at the Proto Organization. This is because Slim plans to exercise at the end of this year warrants he received when he made a major loan to the newspaper company, according to a report in Bloomberg.
Tuesday, February 25th 2014 - 04:29 UTC
ENAP Magallanes begins production at new well; company's profits soar in 2013

Chile's state-owned oil and gas company ENAP successfully put into production the well “Paraguaya 2” at Intracampos Block (100% ENAP) in Tierra del Fuego, with an initial flow rate of 160 cubic meters per day of oil, equivalent to 1,006 barrels.
Tuesday, February 25th 2014 - 04:26 UTC
Ambassador Castro supports democratic Maduro and blames a “ferocious media attack”

The Argentine ambassador to the United Kingdom, Alicia Castro, openly revealed her support for Venezuelan president Nicolás Maduro as protests in the nation continued, while criticizing what she saw as a “ferocious media attack” carried out by opponents of the head of state.
Tuesday, February 25th 2014 - 04:21 UTC
US embassy support for Argentina's move to orthodox economics

The US embassy's business adviser in Buenos Aires, Kevin Sullivan, has welcomed negotiations between the Argentine government and Spanish corporation Repsol over the expropriation of YPF, as well as further talks with the Paris Club over the payment of outstanding debt commitments.
Tuesday, February 25th 2014 - 04:19 UTC
Barca pays 13.5m Euros on the contract of Neymar after charges of tax-fraud

Barcelona have made a payment of 13.5 million Euros ($18.53 million) to the Spanish treasury, after they were charged last week with tax fraud in the signing of Brazil forward Neymar.
Tuesday, February 25th 2014 - 04:13 UTC
Pope overhauls Vatican finances and names Secretariat for the Economy

Pope Francis has taken his boldest step yet to overhaul the Vatican's scandal-plagued finances, creating a new department with broad powers to oversee all of its economic and administrative affairs, the Vatican announced on Monday. The Secretariat for the Economy will answer directly to the pope and will be headed by Australian Cardinal George Pell, currently the archbishop of Sydney.
Monday, February 24th 2014 - 22:28 UTC
Brazil and EU agree to lay an undersea cable to avoid US internet surveillance

Brazil and the European Union agreed on Monday to lay an undersea communications cable from Lisbon to Fortaleza to reduce Brazil's reliance on the United States after Washington spied on Brasilia.