Stories for July 2015

Tuesday, July 21st 2015 - 05:00 UTC
Falklands attends Bermuda pre-meeting of BOT's Joint Ministerial Council

Leaders of British Overseas Territories will gather in Bermuda this week ahead of the Joint Ministerial Council. It’s the second time Bermuda has hosted the precursor of the JMC that will be held in London later in the year, reports the Royal Gazette. The Falkland Islands will be represented by Roger Edwards, Member of the Legislative Assembly.
Tuesday, July 21st 2015 - 04:43 UTC
Cuba and US on a 'new beginning', but 'profound differences' persist

U.S. Secretary of State John Kerry on Monday called the restoration of diplomatic relations with Cuba a “new beginning” but said many differences remain between the two nations and warned that the full normalization of ties will be a long process. He spoke hours after ceremonies were held in Havana and Washington to mark the restoration of ties after more than five decades of hostility.
Tuesday, July 21st 2015 - 04:33 UTC
Despite incident, defiant Blatter won't leave FIFA until after successor is elected February 26

A British comedian disrupted a news conference by Sepp Blatter on Monday, showering the FIFA president with fake money. As Blatter took his seat, performer Simon Brodkin rose from a front-row seat to confront him.
Tuesday, July 21st 2015 - 04:28 UTC
Falklands' oil industry: Mercosur special declaration in support of Argentina's Malvinas dispute

The latest Mercosur summit, held last week in Brazil included a special statement, --besides the main regular declaration with 69 articles--, blasting the UK for violating international law and Argentine domestic law over the exploration of hydrocarbons “in the Argentine continental shelf in proximity of the Malvinas Islands”.
Monday, July 20th 2015 - 08:06 UTC
France calls for an 'Euro government” led by a 'vanguard of countries'

France favors a “stronger organization” behind the Euro led by “a vanguard of countries”, French President Francois Hollande said in an interview published Sunday. In the past week “the European spirit prevailed” in addressing the Greek crisis, he told the weekly Journal du Dimanche.
Monday, July 20th 2015 - 08:03 UTC
A new chapter for Greece: banks reopen and a raft of VAT increases

Banks in Greece expect long queues but no major problems when they reopen this Monday for the first time in three weeks, although withdrawals will still be limited and capital controls will remain, senior banking officials said on Sunday.
Monday, July 20th 2015 - 07:47 UTC
Guyana to 'stoutly resist' Venezuela plans to issue IDs to disputed Essequibo residents

Guyana on Sunday warned it would “stoutly resist” plans by Venezuela to register residents in Essequibo and issue them identification cards for the neighbouring Spanish-speaking nation. Venezuela claims the region and has launched an aggressive campaign at domestic and international level calling president David Granger a 'provocateur”.
Monday, July 20th 2015 - 07:37 UTC
Dairy prices forecasted to continue falling as Southern hemisphere milking season takes off

New Zealand dairy exporter Fonterra is cutting jobs in an effort to shore up its cash flows as a slump in global dairy demand, particularly from number one buyer China, threatens to snuff out the country’s “white gold rush.”
Monday, July 20th 2015 - 07:30 UTC
Brazil's Levy warns that relaxing spending cuts will only extend the pain

Brazil's Finance minister Joaquim Levy warned that any attempt to relax spending-reduction goals for this year would inevitably extend the duration of the current fiscal adjustment program. The statement was made on Sunday in a long interview with one of Brazil's leading dailies, Folha de Sao Paulo.
Monday, July 20th 2015 - 07:17 UTC
Petrobras working to match domestic and international fuel prices

Brazil's Petrobras is working to bring domestic diesel and gasoline prices into parity with international levels in order to attract downstream buyers or partners. The oil and gas giant needs to sell assets to survive a combination of mounting debt, low oil prices and a giant corruption scandal.