International

• Thursday, August 2nd 2012 - 22:57 UTC

  Argentina’s noose on Falklands: Buenos Aires province bans UK flagged vessels

  

  In what is seen as another step of Argentina’s noose-tightening of the Falkland Islands’ economy and development, the Buenos Aires Province Senate passed a law on Thursday banning British flagged vessels from calling at Argentina’s largest province ports.

• Thursday, August 2nd 2012 - 07:31 UTC

  YPF after Chinese cooperation for development of Vaca Muerta shale deposits

  

  Federal Planning Minister Julio de Vido announced that several members of the Argentine Government would be flying to China in September in order to close several cooperation agreements between Chinese oil companies and YPF, intended to deepen the bilateral relations.

• Thursday, August 2nd 2012 - 07:04 UTC

  Massive capital outflow in Spain: €163 billion left in five months

  

  Capital outflows from Spain more than quadrupled in May to €41.3 billion compared with May 2011, according to figures released on Tuesday by the Spanish central bank. In the first five months of 2012, a total of €163 billion left the country, the figures indicate. During the same period a year earlier, Spain recorded a net inflow of €14.6 billion.

• Thursday, August 2nd 2012 - 06:40 UTC

  Swedish authorities turn down offer to question Assange in Ecuadorian embassy

  

  Ecuador wants to prevent Julian Assange's extradition to Sweden because it is disappointed that the Scandinavian country has turned down an offer to question the WikiLeaks founder in the Ecuadorean Embassy in London, a minister said on Wednesday.

• Thursday, August 2nd 2012 - 06:34 UTC

  India’s two power outage incidents in two days punished almost a billion people

  

  New Delhi’s Metro shut down and hundreds of coal miners were trapped underground after three Indian electric grids collapsed in a cascade on Tuesday cutting power to 620 million people in the world’s biggest blackout.

• Thursday, August 2nd 2012 - 06:15 UTC

  Argentina presents official protest to UK over Malvinas cemetery vandalism

  

  The Argentine foreign ministry confirmed in a release that it had delivered an official protest to the United Kingdom repudiating “the profanation of the monument” in Darwin, Falkland Islands, to the memory of the Argentine combatants killed during the 1982 Malvinas war.

• Wednesday, August 1st 2012 - 22:33 UTC

  Research shows Antarctica at one time had mild weather and palms and conifers

  

  Scientists drilling deep into the edge of modern Antarctica have pulled up proof that palm trees once grew there. Analyses of pollen and spores and the remains of tiny creatures have given a climatic picture of the early Eocene period, about 53 million years ago.

• Wednesday, August 1st 2012 - 22:19 UTC

  Namibia will supply cement for St Helena 300m dollars airport in South Atlantic

  

  Namibian cement company Ohorongo cement has secured a three-year contract with construction firm Basil Read for the supply of cement for the building of a new airport on the British overseas territory of St Helena in the South Atlantic Ocean, over 1900km from the Namibian coast.

• Wednesday, August 1st 2012 - 19:34 UTC

  S&P downgrades Argentine main provinces credit ratings

  

  The rating agency Standard & Poor’s said on Monday that local governments in Argentina are experiencing slower economic growth, high inflation, and difficulties financing their 2012 budget deficits.

• Monday, July 30th 2012 - 23:35 UTC

  HSBC puts aside 2 billion dollars to cover possible money-laundering fines

  

  HSBC has put aside 2 billion dollars to cover potential mis-selling claims and money-laundering fines as it announces a sharp rise in first-half profits.