Stories for February 2018

Saturday, February 3rd 2018 - 10:07 UTC
Ecuador's Sunday referendum could annul Correa's aspirations of reelection

When Ecuadorians vote on Sunday barring former president Rafael Correa from re-election, they will also be choosing whether to buck a trend across South America in which overbearing former presidents just can’t let go of power.
Friday, February 2nd 2018 - 20:00 UTC
Falklands Meat Company renovated including a new business manager

The Falkland Islands Meat Company (FIMCo) has announced the appointment of their new Business Improvement Manager. Michael Ledwith is to start this month on a new full-time contract, tasked with implementing change at the Sand Bay plant, “bringing peak performance through operational efficiency and productivity in the business,” according to information from FIMCo.
Friday, February 2nd 2018 - 19:49 UTC
South Georgia celebrated on 17 January “Possession Day”

On 17th January 1775 a small party of men landed on a beach beneath snowy peaks and tumbling glaciers. In charge was an officer by the name of James Cook; the British Flag was planted, a volley of musket shot was fired, and the land was claimed for His Britannic Majesty. Cook named the bay in which he landed Possession Bay. On the 17th January 2018 (and every year) South Georgia marked ‘Possession Day’ with a bank holiday and reception at Government House.
Friday, February 2nd 2018 - 19:43 UTC
Government of South Georgia is seeking a Chief Executive Officer

The Government of South Georgia & the South Sandwich Islands is seeking a Chief Executive Officer, CEO, and has posted some of the conditions expected from a successful candidate.
Friday, February 2nd 2018 - 19:33 UTC
UBS, HSBC and Deutsche Bank caught spoofing, and have to pay US$ 46.6m

The US Department of Justice (DOJ) says it has charged eight individuals over allegations they “spoofed” or manipulated the futures markets for precious metals and share indexes. Separately UBS, HSBC and Deutsche Bank will pay a total of US$ 46.6m to settle spoofing charges against them.
Friday, February 2nd 2018 - 09:52 UTC
Why Is The Shale Industry Still Not Profitable?

By Nick Cunningham of Oilprice.com

Echoing the criticism of too much hype surrounding U.S. shale from the Saudi oil minister, a new report finds that shale drilling is still largely not profitable. Not only that, but costs are on the rise and drillers are pursuing “irrational production.”
Friday, February 2nd 2018 - 08:18 UTC
Un-convened and unconvinced Uruguayan farmers again take to the roads

Un-convened and unconvinced Uruguayan farmers again took to the roads of the country for a peaceful protest vigil in an estimated 300 posts, and which counted with spontaneous support from small business people linked to the rural sector.
Friday, February 2nd 2018 - 07:45 UTC
Falklands government requests proposals for a future port facility

The Falkland Islands government, FIG, is requesting proposals for a future port facility since the current structure, dating back to 1984 and which has had its useful life patched up and extended several times, is nearing its operational end.
Friday, February 2nd 2018 - 07:38 UTC
Irish farmers call on Commissioner Hogan to stop Malmstrom yielding to Mercosur

Irish Farmers National Livestock Chairman Angus Woods has said the break in Mercosur talks until Friday is an opportunity for Agriculture Commissioner Phil Hogan to face down the Trade Commissioner and force a rethink on the sell-out of beef farmers.
Friday, February 2nd 2018 - 07:31 UTC
UK supports reelected Honduran president but demands respect for human rights and combating corruption

UK expressed support for Honduran president Juan Orlando Hernandez who was re-elected in a controversial process, and calls on the new leader to make respect for human rights and the fight against corruption, the priorities of his administration. Fernandez took the oath of office on 27 January.