Stories for 2015

Thursday, October 29th 2015 - 06:31 UTC
Argentina: Holdouts dispute, a Cristina Fernandez legacy for the next government

US District Judge Thomas Griesa of New York on Wednesday urged Argentina to resume talks to settle bondholder litigation flowing from its $100 billion default in 2002. The judge made the remarks as creditors suing over defaulted bonds urged him to expand to nearly $8 billion the amount Argentina must pay them to service its restructured debts.
Thursday, October 29th 2015 - 06:15 UTC
An overwhelming majority, 65% voted for change in Sunday's election, said Massa

On Sunday 35% of Argentines voted for continuity of Kirchnerism and 65% voted for a political change, and between the two options, change overwhelmingly won, said Sergio Massa, the third ranked candidate who with his 21% has become kingmaker between the two presidential hopefuls for the November runoff, incumbent Daniel Scioli and market friendly opposition, Mauricio Macri.
Thursday, October 29th 2015 - 06:06 UTC
Noble Energy begins production in Gulf of Mexico deepwater oil development

Noble Energy with interests in Falklands' exploration, has commenced production from the Big Bend oil development in Mississippi Canyon 698 of the deepwater Gulf of Mexico. Noble and partners expect the single-well field to reach a maximum gross production rate of approximately 20,000 boe/d over the next couple of weeks. Approximately 90% of the volumes being produced from Big Bend are oil, Noble said.
Wednesday, October 28th 2015 - 09:20 UTC
Francis wraps up a successful Family synod with significant reform debate

After more than two years of preparation, diocesan surveys, secret meetings, arguments, counterarguments and dialogue, the final report from the Ordinary Synod of Bishops on the Family is now in Pope Francis’ hands.
Wednesday, October 28th 2015 - 09:11 UTC
UN condemns 191-2, US embargo on Cuba, despite restored relations

United States on Tuesday voted against a U.N. resolution condemning its embargo on Cuba, even though President Barack Obama has called on Congress to lift the trade restrictions. The vote was the first since the U.S. and Cuban leaders agreed to restore diplomatic ties last December, and the U.S. had considered taking the unprecedented step of abstaining.
Wednesday, October 28th 2015 - 08:41 UTC
The defense of the Falklands must take centre stage in Anglo-Chinese relations

By Alex Calvo (*) - Chinese Leader Xi Jinping’s state visit to the United Kingdom has been met with grand-sounding headlines, including references to a “golden era”. Public statements by both governments have focused on growing economic links, while some voices referred to human rights and US commentators expressed their concern at London’s closeness to Beijing at a time of increased tensions in the Indo-Pacific, above all the South China Sea.
Wednesday, October 28th 2015 - 08:15 UTC
Battle of the Falklands 1914: the search for the lost German battleships

Last December, in a spirit of remembrance and reconciliation, and in the presence of the descendants of the fighting admirals, the Falkland Islands commemorated the 100th anniversary of the Battle of the Falklands, an action that sent six ships to the bottom and claimed well over 2000 lives.
Wednesday, October 28th 2015 - 07:54 UTC
Venezuela warns Canada over mining activities in Guyana: 'infringing on territorial sovereignty'

Venezuela has objected to a Canadian mining company operating in Guyana, telling the company it is infringing on Caracas’ sovereignty. And the move has not gone down well with Guyana’s president David Granger.
Wednesday, October 28th 2015 - 06:41 UTC
Third ranked Massa will not vote for continuity, and Scioli “must prove he's not on the Kirchner leash”

“The Argentine people on Sunday said they don't want continuity” commented third ranked Sergio Massa who obtained 21.34% of ballots and is bound to become kingmaker in the 22 November runoff between Daniel Scioli and Mauricio Macri. Whoever wins will be putting an end to twelve years of Kirchnerism which on Sunday received an unexpected and surprising trashing.
Tuesday, October 27th 2015 - 10:22 UTC
Day of reckoning for U.S. shale will have to wait

October has been billed as a pivotal month in which indebted shale companies would see their credit lines cut, precipitating a faster consolidation in the industry that would sow the seeds of a rebound.