
The loss of the Argentine yacht La Sanmartiniana which was abandoned and left adrift in the South Atlantic, but is currently moored in the Falklands as part of a salvage effort, led to a minor air incident according to Clarin when an RAF Typhoon from MPA warned a private search plane it was approaching Falkland Islands jurisdiction.

The number of billionaires in China has overtaken that of the United States for the first time, an annual survey said on Thursday, calling it a “turning point” for the super-wealthy. Communist-ruled China now has 596 billionaires, up a “staggering” 242 over the last year, Shanghai-based luxury magazine publisher Hurun Report said, surpassing the 537 Americans.

Days before an emergency FIFA ExCo meeting, Prince Ali Bin Al Hussein has submitted his candidacy for the presidency vowing to restore the governing body’s battered reputation. In compliance with electoral regulations, the Jordanian has the backing of five national associations, although he didn’t name them.

In one round of voting the United Nations General Assembly on Thursday elected Egypt, Japan, Senegal, Ukraine and Uruguay to serve as non-permanent members on the Security Council for two-year terms beginning on 1 January 2016.

Argentina's Supreme Court of Justice issued on Thursday an international arrest warrant against Hussein Mohamad Ibrahim Suleiman, who is being investigated for his involvement in the 1992 attack against the Embassy of Israel in Buenos Aires, which killed 29 people and injured more than 200.

The world's commercial fleet grew by 3.5% during the 12 months to Jan 1, 2015, the lowest annual growth rate in over a decade, the United Nations Conference on Trade and Development (UNCTAD) reveals in its Review of Maritime Transport 2015.

Spanish oil giant Repsol said on Thursday it plans to sell 6.2 billion Euros ($7.1 billion) in assets and slash investment in exploration and production over the next five years to help its preserve dividends and pay back debt.

Rules of salvage will apply to the Falklands’ Patrol Vessel’s recovery of the abandoned Argentine yacht La Sanmartiniana, Falkland Islands Government (FIG) Attorney General Peter Judge confirmed to Penguin News on Thursday.

The 'capture' (salvage) by a Falkland Islands Fisheries Patrol vessel of the Argentine flagged yacht La Sanmartiniana adrift in the South Atlantic had a great impact in the Buenos Aires media and immediate political controversy, basically accusing opposition newspapers of publishing dishonest 'pro-British' reports with the intent of jeopardizing the current presidential election.

Since 2009, China has been taking a much more active role in its pursuit of international oil contracts. In 2009, for the first time, Saudi Arabia exported more of its oil to China than it did to the US. China also made large investments in Saudi Arabia's oil refining industry as well. But China's oil investments didn't stop there; they also pursued oil producing Canadian assets in 2011/12.