Economy

• Tuesday, January 10th 2012 - 05:46 UTC

  “Clarin rebelled against reality” when Cristina Fernandez diagnosis was “false positive”

  

  Faced with media controversy following Argentine President Cristina Fernandez thyroid cancer surgery that resulted in a “false positive” case, that is minor benign non cancerous tumours in spite of the original diagnosis, the Argentine Executive Chief of Staff Oscar Parrilli revealed that the president had ordered him to “tell it all” regarding the 22 December operation.

• Monday, January 9th 2012 - 06:57 UTC

  PM Cameron discards any Falklands’ sovereignty negotiations with Argentina

  

  British Prime Minister David Cameron discarded any Falkland Islands sovereignty negotiations with Argentina and said that his government is permanently vigilant about the protection of the Islands and their defence.

• Monday, January 9th 2012 - 06:54 UTC

  UK and France Europe set to clash again, this time over the “Tobin tax”

  

  UK's Prime Minister David Cameron said for the first time he would veto a European-wide financial transaction tax unless it was imposed globally, deepening a confrontation with European Union heavyweights France and Germany.

• Monday, January 9th 2012 - 06:52 UTC

  China increases money supply and relaxes credit to ‘fine tune’ the economy

  

  China's lending and money supply grew at a faster pace than expected as the country relaxed its credit restrictions. New loans worth 640.5bn Yuan (101bn dollars) were issued in December, up from 562.2bn Yuan in November.

• Monday, January 9th 2012 - 06:51 UTC

  Iran’s Ahmadinejad begins Latam tour in Venezuela: meeting with Chavez

  

  Venezuelan President Hugo Chavez will welcome his Iranian counterpart Mahmoud Ahmadinejad on Monday on his first stop of a five-nation tour of Latin America, state media reported.

• Monday, January 9th 2012 - 06:49 UTC

  Argentine Farming emergency committee meets this week to address extreme drought

  

  The Argentine Agriculture Ministry has summoned the Committee on Farming Emergency and anticipated it would engage in “surgical work” in order to reach “all areas of the farming sector” suffering from extreme drought.

• Monday, January 9th 2012 - 06:47 UTC

  Chile buries seven fire-fighters; strong suspicion of criminal intent in forest fires

  

  The home of a Mapuche Indian leader in Chile was destroyed in a suspicious blaze in an area ravaged by forest fires, which officials say may have been caused by radical indigenous activists.

• Sunday, January 8th 2012 - 05:36 UTC

  Uruguay and Argentina among the ten countries worldwide with highest inflation

  

  Inflation in Uruguay was not only far above target domestically but also figures among the ten highest in the world, and in Latam only behind Argentina and Venezuela

• Sunday, January 8th 2012 - 05:34 UTC

  Argentine “grandstanding” and acting illegally in the Falklands’ issue

  

  Argentina’s government is “grandstanding” and acting illegally in imposing a blockade on ships from the Falkland Islands, Henry Bellingham has claimed in an interview with the Lynn News from England.

• Sunday, January 8th 2012 - 05:31 UTC

  Excellent press and forecast for Falklands’ Rockhopper Exploration oil prospect

  

  Investment banking heavyweight Credit Suisse has initiated coverage of Rockhopper Exploration with a bullish assessment of prospects for the Falklands–focused firm, reports Proactive Investors UK.