Economy

• Friday, December 23rd 2011 - 04:39 UTC

  “We can never accept the Argentine government’s challenge to Falklands self-determination”

  

  “We will always maintain our commitment to you on any question of sovereignty because your right to self-determination is the cornerstone of our policy”, said British Prime Minister David Cameron in his Christmas message to the Falkland Islands.

• Friday, December 23rd 2011 - 04:38 UTC

  Relation of organized labour with Argentine government, “suspended, not broken”

  

  Argentina’s CGT Labour Confederation leader Hugo Moyano stated on Thursday that, “our relationship with the Government is not broken, just suspended as the President (Cristina Fernandez) wishes,” during a press meeting with international news correspondents.

• Friday, December 23rd 2011 - 04:36 UTC

  UK Defence denies London press rumours of a Falklands military build-up

  

  After statements published by the English newspaper “The Daily Mail,” in which the former head of the Navy, Lord Alan West, said that a nuclear submarine should be sent to the Malvinas Islands, the United Kingdom assured it does not plan to increase the military presence in the Islands.

• Friday, December 23rd 2011 - 04:33 UTC

  HMS Illustrious ready to take over as on-call helicopter carrier from HMS Ocean

  

  As when she first joined the Fleet in 1982, HMS Illustrious has once again been formally welcomed into the bosom of the Royal Navy with a rededication ceremony at sea. The aircraft carrier held the ceremony as she returned from Hamburg - the ship's first visit to a foreign port in more than two years.

• Friday, December 23rd 2011 - 04:31 UTC

  Help thy neighbour: in the Falkland Islands charity begins at home

  

  The reception held on Wednesday at the Falkland Islands Government House to recognise the community work of Capt. Andrew Brownlee, who earlier this year in Buckingham Palace was awarded an MBE in the Queen’s birthday honours, and the announcements this week from two local charities that recent events had raised over £17,000 from within the community, highlight a tight-knit community where charity begins at home and people are more than willing to give up their time and contribute to helping their neighbour.

• Thursday, December 22nd 2011 - 21:02 UTC

  Hague and Almagro to discuss Falklands’ flagged vessels restrictions on Friday

  

  Britain’s Foreign Secretary William Hague and Uruguay’s Foreign Affairs minister Luis Almagro will discuss the Falklands/Malvinas flagged vessels issue on Friday according to a release from the British embassy in Montevideo

• Thursday, December 22nd 2011 - 20:59 UTC

  Uruguay Navy says there is no legal impediment for Falklands’ flagged vessels to operate in Montevideo

  

  A report from the Uruguayan Coast Guard argues there is no legislation impeding Falklands/Malvinas flagged vessels from operating in the port of Montevideo. The report was handed to the Uruguayan Ministry of Foreign Affairs which is drafting a protocol regarding what ships can and which can’t access Uruguayan ports.

• Thursday, December 22nd 2011 - 14:13 UTC

  Falkland Islands Councillors opt for continuity in portfolio responsibilities

  

  Following the election last week of two new members to the Legislative Assembly of the Falkland Islands, MLA Dr Barry Elsby and MLA Ian Hansen, councillors have favoured stability and continuity in the allocation of portfolio responsibility, with the newly elected councillors largely taking on the responsibilities left vacant by the resignation of former members, Emma Edwards and Bill Luxton.

• Thursday, December 22nd 2011 - 05:08 UTC

  Orthodox economists will manage the Spanish economy with Rajoy

  

  New Spanish Prime Minister Mariano Rajoy named on Wednesday a cabinet of mostly close advisers charged with reviving the sluggish economy while slashing spending to reassure investors the Euro zone's No. 4 economy can stay solvent.

• Thursday, December 22nd 2011 - 05:06 UTC

  Brazilian leading meat processors exchange assets to comply with anti-trust body

  

  Brazilian meat processors BRF Brasil Foods and Marfrig announced a deal on Thursday to trade assets, including a block of properties that Brazilian anti-trust body CADE mandated to be sold as part of the Sadia and Perdigao approval in July.