Stories for 2015

Friday, October 9th 2015 - 07:39 UTC
Eirik Raude oil rig operating in Falklands, faces scrapping after contract ends January 2016

Ocean Rig, the Greek offshore drilling contractor has highlighted in its latest fleet update two rigs coming out of employment shortly with no immediate prospects. Both rigs have little or no “further prospects of employment” according to Ocean Rig and will be cold stacked while disposing of or scrapping the rigs is considered.
Friday, October 9th 2015 - 07:30 UTC
“Something is rotten in FIFA”: out Blatter, Platini, Valcke, and in comes Africa's Hayatou

The president of the African football confederation Issa Hayatou steps up to replace Sepp Blatter who was on Thursday suspended for 90 days over corruption allegations. Blatter was provisionally suspended for 90 days along with secretary general Jerome Valcke and UEFA chief Michel Platini.
Friday, October 9th 2015 - 07:21 UTC
Fed close to increasing rate, according to minutes; IMF again calls on Yellen for prudence

The US Federal Reserve believes the US economy was close to warranting an interest rate hike in September but policymakers decided it was prudent to wait for evidence a global economic slowdown was not knocking United States off course.
Friday, October 9th 2015 - 07:05 UTC
Guyana looks forward to Canadian support in territorial claims with Venezuela

The government of Guyana will be looking forward to Canada’s support against the territorial claims by Venezuela even as it seeks to strengthen its ties and bilateral agreements with the state, through new Canadian High Commissioner to Guyana, Pierre Giroux.
Friday, October 9th 2015 - 06:42 UTC
Falklands' bound Argentine 'militant' yacht rescued abandoned by fisheries protection vessel

An Argentine flagged yacht “La Sanmartiniana” belonging to a political group which responds to Argentine president Cristina Fernandez son, Maximo Kirchner, was detected abandoned in the high seas by the Falklands Islands Fisheries Protection Vessel, FPV Protegat and is being towed to Port Stanley, reports a release from the Falklands government.
Thursday, October 8th 2015 - 18:51 UTC
Brazilian congress again exposes President Rousseff's political weakness

Brazil's Congress on Wednesday postponed for a fourth time voting on whether to overrule President Dilma Rousseff's vetoes of two spending bills in a defeat for her government as it scrambles for support to rebalance overdrawn public accounts.
Thursday, October 8th 2015 - 18:46 UTC
Falkland Islands celebrate 275th Anniversary of “Rule, Britannia!” with new crown coin

The Treasury of the Government of the Falkland Islands has issued (18th September) a new collector coin commemorating the 275th anniversary of the composition of the tune “Rule, Britannia!” The staunchly patriotic British song was set to music by Thomas Arne in 1740, adapted from the poem, “Rule, Britannia,” by James Thomson.
Thursday, October 8th 2015 - 12:14 UTC
Rousseff closer to impeachment: government accounting practices 'illegal' says Accounts Court

Brazil's President Dilma Rousseff suffered a major new setback Wednesday when a court ruled that her government's accounting practices were illegal, handing ammunition to opponents threatening impeachment proceedings. The decision by the Federal Accounts Court or TCU was the latest blow to Rousseff, less than a year into her second term.
Thursday, October 8th 2015 - 12:08 UTC
Brazil's inflation eases in September but still too close to two digits

Inflation in Brazil has eased for second consecutive month, which takes some pressure of the central bank to hike rates further. The Real has also gained pace last month after the central bank promised to do whatever it takes to stem the Brazilian currency's slide. The Real has strengthened to 3.84 per dollar after touching new all-time high of 4.247 per dollar only a couple of weeks ago.
Thursday, October 8th 2015 - 10:36 UTC
Falklands' clearance of Argentine mines 33 years later reported in UK

Explosive mines planted by retreating Argentine forces as Royal Marines stormed the Falklands during the 1982 conflict are still being cleared on the Islands, 33 years later, according to a report credited to David Wells from Westernmorningnews.