International

• Thursday, November 1st 2012 - 00:10 UTC

  Hedge funds quietly investing in Falklands’ oil exploration companies

  

  Hedge funds have been quietly building up stakes in the oil explorers operating off the Falkland Islands betting that companies will ignore the threats made by Argentina to disrupt the activity, according to a Reuters’ piece published this week.

• Wednesday, October 31st 2012 - 23:34 UTC

  Gibraltar willing to enter a double taxation treaty with Spain

  

  Gibraltar said it complies with European Union and OECD regulations regarding finance centres and also indicated that it was willing to enter a double taxation treaty with Spain.

• Wednesday, October 31st 2012 - 23:01 UTC

  Falklands’ proposed referendum question enters public consultation period

  

  The Falkland Islands government has opened a public consultation on the proposed referendum question on the Falklands Political Status to be held in early 2013. The proposed question was arrived at and agreed by all members of the Legislative Assembly having received expert advice on the issue.

• Wednesday, October 31st 2012 - 22:41 UTC

  Falklands’ flag flies at Parliament Square to mark a British state occasion

  

  For the first time, the 16 flags of the British Overseas Territories including the Falkland Islands are being flown in Parliament Square, alongside the flags of the Crown Dependencies, to mark a state occasion, reports an official release from the Foreign Office.

• Wednesday, October 31st 2012 - 20:51 UTC

  India/Brazil with highest government debt/GDP ratios among leading emerging economies

  

  India and Brazil have the highest government debt ratios at almost 70% of GDP among top ten emerging market economies, according to a report by Deutsche Bank.

• Wednesday, October 31st 2012 - 20:22 UTC

  Iran/Argentina dialogue ‘positive’ and will continue end of November, says Timerman

  

  Foreign Minister Héctor Timerman announced at Government House in Buenos Aires that new negotiations between diplomatic representatives of Argentina and Iran over the investigation into the 1994 AMIA terrorist attack, will take place before the end of November.

• Wednesday, October 31st 2012 - 20:12 UTC

  Mercosur members, except Paraguay, de-listed from EU import preference scheme

  

  The European Union issued on Wednesday its revised import preference scheme - known as the Generalised Scheme of Preferences (GSP) - for developing countries most in need which will take effect from 1 January 2014, revealing that all Mercosur full members, except for Paraguay, will no longer benefit.

• Wednesday, October 31st 2012 - 18:12 UTC

  Council of Europe promotes personal data protection in Latin America

  

  The Council of Europe is promoting international co-operation in the field of personal data protection, in particular by encouraging non member states to ratify the Convention for the protection of individuals with regard to Automatic Processing of Personal Data, also known as Convention 108. Uruguay has started the process for its ratification and therefore may become the first non-Council of Europe member state to accede to the convention.

• Wednesday, October 31st 2012 - 04:51 UTC

  Argentine-Iran dialogue is ‘over’, says Jewish community rejecting Teheran’s denial of any involvement

  

  The president of the Argentine Jewish Community centre, AMIA, Guillermo Borger said that if Iran insists in rejecting any links with the 1994 attack in which 85 people were killed and 300 injured, the current dialogue between Argentina and Teheran on the issue “is over”.

• Wednesday, October 31st 2012 - 04:00 UTC

  Fitch Ratings downgrades Argentine bonds following Judge Griesa ruling

  

  Fitch Ratings has placed Argentina's Long-term foreign currency Issuer Default Rating (IDR) of 'B', Short-term IDR of 'B' and the international bonds issued under New York Law on Rating Watch Negative (RWN).