Stories for December 5th 2019

Thursday, December 5th 2019 - 10:58 UTC
Discovery of WW1 German Battlecruiser SMS Scharnhorst in Falklands waters

The Falklands Maritime Heritage Trust is pleased to announce that the wreck of SMS Scharnhorst has been located off the Falkland Islands. The Scharnhorst, an armoured battle-cruiser and the flagship of Admiral Maximilian Graf von Spee’s East Asia Squadron, was sunk on 8 December 1914 during the Battle of the Falkland Islands, a crucial naval battle in the early days of the First World War.
Thursday, December 5th 2019 - 09:59 UTC
Suddenly out of the deep sea gloom emerged the mighty Scharnhorst with her great guns poking in every direction

Mensun Bound, the leader of the mission which discovered the flagship of Admiral Graf von Spee's squadron, was born in the Falkland Islands and since a child has been obsessed with the sea, its mysteries, myths and the great Battle of the Falkland Islands, a decisive naval action at the start of the Great War of 1914.
Thursday, December 5th 2019 - 09:55 UTC
Trump's tariffs puts Brazil's Bolsonaro and Argentine president elect Fernandez in the same boat

The South American four-nation trade bloc Mercosur began a tense meeting on Wednesday reeling from US steel and aluminium tariffs and a spat between its two biggest members. Foreign ministers of Brazil, Argentina, Paraguay and Uruguay opened the two-day meeting in the southern Brazilian town of Bento Goncalves, paving the way for a head of state summit on Thursday.
Thursday, December 5th 2019 - 09:54 UTC
Argentine next economic team seems to be closely inspired by Stiglitz' policies

Argentina's incoming cabinet has already been chosen and will be revealed on Friday, President-elect Alberto Fernandez said, while his team confirmed a few major picks, including the incoming foreign minister, chief of staff and some names from the economic team.
Thursday, December 5th 2019 - 09:21 UTC
Trump leaves Nato summit following footage showing several world leaders making remarks about the president

US President Donald Trump has left a major Nato summit early following video footage which appeared to show world leaders poking fun of him. Footage from an event on Tuesday night emerged that showed several world leaders making remarks about Trump.
Thursday, December 5th 2019 - 09:18 UTC
LATAM/Delta code-sharing opens connectivity to 74 destinations in US and Canada and 51 in South America

Codeshare agreements signed this week by three LATAM Airlines Group affiliates with new partner Delta Air Lines aim to improve connectivity between the Americas. The agreements were signed December 2 with LATAM affiliates in Peru, Colombia and Ecuador and are due to start in the first quarter of 2020, subject to regulatory approval.
Thursday, December 5th 2019 - 09:10 UTC
Expansion of fly-cruise luxury programs to Antarctica

Silversea is to charter two private jets for a new fly-cruise program to Antarctica in 2021. The 75-seater aircraft will fly from Punta Arenas, Chile, to King George Island in Antarctica as part of the new Antarctica Bridge program which goes on sale on December 10 this year.
Thursday, December 5th 2019 - 09:04 UTC
With 3.6% jobless rate, Trump plans to cut food stamp program; “we need everyone who can work, to work”

The Trump administration said on Wednesday it will make it harder for states to keep residents in the U.S. food stamp program in a move that is projected to end benefits for nearly 700,000 people.
Thursday, December 5th 2019 - 08:54 UTC
Argentina's central bank chief Guido Sandleris resigns ahead of the new government

Argentina central bank chief Guido Sandleris resigned on Wednesday, an expected step as Latin America’s third-largest economy transitions to Peronism next week under newly elected President Alberto Fernandez.