International

• Monday, December 3rd 2012 - 20:36 UTC

  Cable and Wireless Monaco and Islands division sold to Bahrain Telecoms

  

  Cable and Wireless Communications have announced the sale of the majority of its Monaco and Islands division which includes the Falklands. The company has accepted 680m dollars (£420m) from Bahrain Telecommunications Company (Batelco) for the division which operates broadband and telephone lines.

• Monday, December 3rd 2012 - 20:20 UTC

  Spain’s Repsol files complaint against Argentina over seizure of YPF

  

  Spain's Repsol SA filed on Monday a complaint against Argentina before the International Centre for Settlement of Investment Disputes (ICSID) over its nationalization of energy company YPF SA, according to sources familiar with the dispute.

• Monday, December 3rd 2012 - 06:01 UTC

  IMF reminds Argentina it must deliver a report on statistics advances by Dec 17

  

  The IMF ratified last week that by December 17 Argentina must reply to Managing Director Christine Lagarde on the latest advances referred to the country’s statistics both on inflation and GDP growth.

• Monday, December 3rd 2012 - 05:15 UTC

  Argentina confirms new round of talks with Iran in January

  

  Argentine Foreign Minister Héctor Timerman confirmed this weekend that there had been new meetings with envoys of the Iranian government over the probe handling the AMIA bombing, and assured that Argentina will present a new action plan in the coming few weeks, most probably in the next meeting scheduled for January.

• Monday, December 3rd 2012 - 05:02 UTC

  Falklands’ mission to learn from the oil experiences of Norway and Shetlands

  

  Senior members from the Falkland Islands government have left for Norway and the Shetland Islands on an experiences-fact-finding mission as the Islands prepare for oil production in the near future.

• Monday, December 3rd 2012 - 04:54 UTC

  Holdout funds want Argentina to deposit 250m by December 10

  

  Investment funds suing over Argentina's 2002 debt default have asked a US court to order the country to post a security deposit of at least 250 million dollars by December 10, while an appeal of a lower court's order is pending.

• Saturday, December 1st 2012 - 07:00 UTC

  Moody’s downgrades EU financial support funds after France loses top grade

  

  Moody's Ratings agency announced it has downgraded the European Stability Mechanism (ESM) and European Financial Stability Facility (EFSF) from “Aaa” to “Aa1,” with negative outlook on each.

• Friday, November 30th 2012 - 20:24 UTC

  Law to regulate UK press: PM Cameron against; Clegg and Miliband in favour

  

  Prime Minister David Cameron rejected the idea of a law to regulate the British press risking a split in his government after an inquiry advised legal backing for a watchdog to police the sometimes outrageous conduct of newspapers

• Friday, November 30th 2012 - 19:39 UTC

  RAF honour guard at former Falklands’ governor Sir Rex Hunt funeral

  

  Personnel from 34 Squadron RAF Regiment and No 609 (West Riding) Squadron Royal Auxiliary Air Force (RAuxAF) have attended the funeral of Sir Rex Hunt, former Governor of the Falkland Islands.

• Friday, November 30th 2012 - 19:24 UTC

  EU Court of Justice confirms Spain has a listed nature site in Gibraltar waters

  

  British Government has lost a crucial appeal before the European Court of Justice [ECJ] relating to Gibraltar’s territorial waters. Britain was seeking to overturn an earlier judgement dismissing its legal challenge to the European Commission’s approval of a Spanish EU nature site in British waters.