Stories for April 2016

Friday, April 15th 2016 - 09:19 UTC
EU parliament approves strict Passenger Name Record for airlines

The European Union Parliament approved on Thursday the directive regulating the use of Passenger Name Record (PNR) data in the EU for the prevention, detection, investigation and prosecution of terrorist offences and serious crime. It will oblige airlines to hand national authorities passengers' data for all flights from third countries to the EU and vice versa.
Friday, April 15th 2016 - 09:04 UTC
US regulators reject “too big to fall” banks proposals in case of another major 'blackout'

US regulators have rejected the plans of five big US banks for closing their operations in the event of a crisis. Banks labeled “too big to fail” must have a so called “living will” that would allow them to close down without the help of public money. Bank of America, Bank of New York Mellon, JPMorgan Chase, State Street and Wells Fargo have until 1 October to submit improved plans.
Friday, April 15th 2016 - 09:00 UTC
China's economy expanded 6.7% in the first quarter, in line with Beijing growth target

China's economy grew 6.7% in the first quarter of the year compared to the same time last year, announced the government. It is the slowest quarterly growth in the Chinese economy in seven years, but in line with expectations and China's own growth targets.
Friday, April 15th 2016 - 08:47 UTC
US cautions Caribbean BOTs about whom they give their passports

The United States Government has cautioned Caribbean countries offering a Citizenship by Investment Program (CIP) to be extra cautious about who they give their passports to, and ensure that recipients have no terrorist or crime links. It gave the advice, in a statement issued by the US Embassy in Barbados, even as it made it that it was not advising regional countries on whether or not they should offer economic citizenship.
Friday, April 15th 2016 - 07:12 UTC
Argentine government favors farmers in dispute with Monsanto

Argentina, the world's No. 3 soy exporter, said on Thursday the government must authorize any grain inspection, dealing a blow to Monsanto Co. which wants exporters to check cargoes to make sure farmers had paid to produce its genetically modified soybeans.
Friday, April 15th 2016 - 05:22 UTC
IMF and World Bank target Brexit: 'the most serious downside risk' for the global economy

A British exit from the European Union would pose “serious downside risks” to an already slowing global economy, the head of the International Monetary Fund said on Thursday.
Friday, April 15th 2016 - 05:16 UTC
Falklands' Queen's Birthday Parade to take place on Thursday 21st April

The Falkland Islands elected government has announced details of the parade to celebrate the birthday of Her Majesty the Queen to be held at Stanley's Victory Green on Thursday 21st April 2016. The parade will form up at Victory Green at 10.20 hours and His Excellency the Governor will arrive at 10.30 hours.
Friday, April 15th 2016 - 05:04 UTC
St Helena reaches to the world: 21 May airport official opening with presence of Prince Edward

The Government of St Helena has announced that the official opening of the island's new airport is set to take place on 21 May 2016, in the presence of HRH The Prince Edward, Earl of Wessex. For the British Overseas Territory island in mid Atlantic and with an only monthly sea link, the airport means a dream come true, and both the St Helena and UK governments hope that this will lead to eventual financial self-sustainability.
Thursday, April 14th 2016 - 21:08 UTC
Mysterious death of tens of tons of sardines in south Chile; consumption banned

Chile’s government has temporarily banned the consumption of sardines in the south of the country after hundreds of thousands of dead fish turned up floating along the shores of Queule River.
Thursday, April 14th 2016 - 09:23 UTC
Chilean company fined by Argentina after admitting operating with Falklands' license

Argentina's Ministry of Agro-Industry has slapped the maximum fine to a Chilean fishing company, firm Empresas de Desarrollo Pesquero de Chile SA (Emdepes SA), a Chilean subsidiary of the Japanese group Nissui for illegal fishing activities in 2014 in Argentina's EEZ, close to the Falkland Islands.