Stories for 13th 2015

Friday, April 3rd 2015 - 06:52 UTC
Cable & Wireless consolidates in the Caribbean and targets Latin America

British telecommunication company, Cable and Wireless Communications, Plc (CWC) Tuesday announced it had completed its US$1.85 billion acquisition Columbus International Inc (CII).
Friday, April 3rd 2015 - 06:32 UTC
“Argentina poses no military threat to Malvinas. We need dialogue”, says Ambassador Castro

On the occasion of the 2nd April, when Argentina commemorate the veterans and those fallen in the Malvinas conflict, and following the UK government’s recent announcement to increase military spending in the South Atlantic, the Embassy of Argentina wishes to reiterate the following statements from Ambassador Alicia Castro.
Friday, April 3rd 2015 - 06:03 UTC
Argentina poses no military threat to the Malvinas Islands. So why is the UK ratcheting up tension?

The following column by Alicia Castro (*) was published 02 April by the Independent - On 24 March, the day that a debate was held in Parliament over the increase in defense expenditure for the Malvinas Islands, Argentina was commemorating the anniversary of the 1976 military coup.
Friday, April 3rd 2015 - 03:28 UTC
Argentina ‘malvinazing’ history through ‘mature nationalism’ says president on Malvinas war 33rd anniversary

Argentina is ‘malvinazing’ (Malvinas) its history, but not through chauvinist patriotism but mature nationalism that seeks international law and peace to recover sovereignty over the Malvinas Islands, said president Cristina Fernandez during the 33rd anniversary of the beginning of the South Atlantic conflict on 2 April 1982.
Thursday, April 2nd 2015 - 08:20 UTC
Brazil’s industrial production drops in February; 11 out of 24 sectors down

Brazil's industrial production dropped in February after a momentary uptick at the beginning of the year, as factories and mines braced for what economists say could be the country's worst year in more than two decades.
Thursday, April 2nd 2015 - 08:08 UTC
Can Argentina capitalize on its vast shale reserves?

Argentina, once a regional energy leader, is now better known for financial busts and bombastic politicians than hydrocarbons prospects. Still, with a resource potential both vast and untapped, the nation has never been far from energy investors' minds. The question today is just how much Argentina is willing to change and how this plays into a low oil price environment that is already negatively impacting investment elsewhere.
Thursday, April 2nd 2015 - 07:42 UTC
Falklands oil explorer looking for associate to develop Darwin discovery

Falklands’ explorer Borders and Southern Petroleum PLC said this week its pre-tax loss widened in 2014 as costs increased, and admitted it has struggled to find a partner for the Darwin discovery to the south of the Falkland Islands, against a backdrop of reduced investment by companies caused by the fall in oil prices.
Thursday, April 2nd 2015 - 07:31 UTC
Brazil oil industry wants new auction rights rules and more efficient sourcing requirements

The Brazilian Petroleum Institute, or IBP, has called on the government to change the regulatory framework to deal with the crisis caused by the collapse of oil prices and the corruption scandal at state-controlled oil giant Petrobras.
Thursday, April 2nd 2015 - 07:27 UTC
Rousseff “we will do whatever it takes to meet 2015 fiscal target”

Brazil's government will do whatever it takes to meet its 2015 fiscal target, President Dilma Rousseff said on Tuesday in an interview with Bloomberg News.
Wednesday, April 1st 2015 - 20:31 UTC
Falklands and South Atlantic Islands have a new defense commander

Commodore Darren Bone MA has been appointed as the next Commander British Forces South Atlantic Islands (CBFSAI), with headquarters in the Falkland Islands, and in April will replace Air Commodore Russ LaForte who has held the post since August 2013.