Stories for February 2016

Monday, February 15th 2016 - 07:20 UTC
With Chinese New Year over, central bank reaffirms strong Yuan policy

Chinese central bank governor Zhou Xiaochuan has accused “speculative forces” of targeting the country's currency, the Yuan, and argued there was no reason for the Yuan to keep depreciating in value and that China would not let international speculators dominate market sentiment.
Monday, February 15th 2016 - 07:06 UTC
US presses UK on renewing its Trident nuclear submarine fleet

Britain must renew its submarine-borne While most lawmakers in Cameron's party support keeping nuclear weapons, Labor leader Jeremy Corbyn, is holding a review of the party's policy. if it is to maintain its “outsized” role in world affairs, US Defense Secretary Ash Carter said in comments published in Washington.
Monday, February 15th 2016 - 06:55 UTC
Four Argentines plan to swim the Falklands' Sound on an “identity cause”

Four Argentine amateur swimmers have been training for over a year preparing for the crossing of the Falklands' Sound which separates the two main islands, West from East Falkland. The purpose of the crossing is to bring attention on the 'delayed' process of identifying the remains of Argentine soldiers buried in the Falklands under a headstone that reads “Argentine soldier, known only to God”.
Monday, February 15th 2016 - 06:32 UTC
Macri and First Lady celebration with the Rolling Stones

Argentine president Mauricio Macri and First Lady Juliana Wanda hosted the Rolling Stones on Sunday night at their country house, (in Malvinas Argentina), following their last presentation in Buenos Aires.
Monday, February 15th 2016 - 05:57 UTC
Falklands' visit by Defense secretary Fallon “while parliament is in recess”

British Defense Secretary Michael Fallon is scheduled to visit the Falkland Islands this week, the first such visit in over a decade. However the timing of the visit has caused some irritation with the Foreign Office, according to the London media, since it could interfere with the current approach with the new Argentine administration.
Sunday, February 14th 2016 - 23:29 UTC
Illex 2016 Fishing Season begins in Falkland’s Waters.

Fishing for Illex squid in Falkland’s water took off on Sunday, as the 2016 fishing season opens. A total of 105 fishing licenses have been issued. The number of licenses issued has remained consistent for the past three seasons.
Saturday, February 13th 2016 - 08:34 UTC
Macri announces end of mining export duties campaigning for provincial support

Continuing with his economic reforms Argentine president Mauricio Macri announced on Friday the elimination of export duties for metallic and non-metallic minerals during a visit to the province of San Juan, a key mining district in Argentina. At the announcement were present several other provincial governors with strong interests in the mining industry.
Saturday, February 13th 2016 - 05:55 UTC
CONCACAF will not advance which candidate it supports for FIFA presidency

CONCACAF (Central America, North America and Caribbean Football Confederation) deputy general secretary Jurgen Mainka says the purpose of this week’s meeting in Miami was to discuss FIFA and CONCACAF reforms, not to decide on which FIFA presidential candidate the regional confederation will support.
Saturday, February 13th 2016 - 05:45 UTC
Valcke banned for 12 years from FIFA for misconduct and destruction of evidence

Two weeks before the presidential election, FIFA's top judge bans former secretary general Jerone Valcke for 12 years for misconduct relating to World Cup ticket sales, travel expenses and destruction of evidence.
Saturday, February 13th 2016 - 05:40 UTC
Aurelius hedge fund “baffled” by Argentina's decision to 'continue litigation'

Hedge fund Aurelius Capital Management, one of the major creditors in the Argentine bond litigation who has not agreed to participate in a proposed $6.5 billion settlement, called Argentina's decision to return to court in the dispute “baffling.”