MercoPress. South Atlantic News Agency
Stories for October 4th 2018
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Thursday, October 4th 2018 - 07:55 UTC
Spain's Supreme Court confirms jail term for ex IMF chief Rodrigo Rato
Spain’s Supreme Court has confirmed a four-and-a-half year prison sentence for former International Monetary Fund head Rodrigo Rato for misusing a Spanish bank’s corporate credit card.
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Thursday, October 4th 2018 - 07:22 UTC
Boris Johnson supporter calls for a no confidence vote on PM Theresa May
Theresa May is “incapable” of delivering Brexit and should be replaced as Prime Minister, a Tory MP said as he called for a no-confidence vote. James Duddridge, a former minister, submitted a letter to the backbench Tory 1922 Committee, saying: “I have not met a single MP who thinks she will lead us into another election.”
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Thursday, October 4th 2018 - 07:20 UTC
Four FPSO planned for the Falklands by 2025, according to oil industry reports
The latest report from Global Data, FPSO Industry Outlook, suggests that a total of 74 planned and announced floating production, storage, and offloading units (FPSOs) are expected to start operations globally by 2025. Globally, South America leads with 32 planned and announced FPSO additions by 2025, including four in the Falkland Islands, followed by Africa and Europe with 17 and seven FPSOs, respectively.
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Thursday, October 4th 2018 - 07:04 UTC
Oil hits new high ahead of US sanctions on Iran supply, and despite Russia and Saudi higher production
Brent crude rose nearly 2% after hitting a four-year high on Wednesday as the market focused on upcoming U.S. sanctions on Iran while shrugging off the year’s largest weekly build in U.S. crude stockpiles and reports of higher Saudi Arabian and Russian production.
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Thursday, October 4th 2018 - 06:50 UTC
Argentina leans over Falklands' head continuously, says MLA Pollard
The Falkland Islands are under “continuous” threat from Argentina but is very capable of being able to defend itself, Member of the Legislative Assembly, Mark Pollard told Darren Hunt from the Express at the Conservative party conference in Birmingham.
