
The referendum to decide the political future of the Falkland Islands will be done under the scrutiny of a whole series of international observers come early 2013, Legislative Assembly member Dr Barry Elsby has said.

Argentina claimed on Wednesday that the navy school training frigate “Libertad” has been retained in Ghana and blamed “unscrupulous financers” belonging to “vulture funds” who are demanding the payment of sovereign bonds, said the office of Minister Hector Timerman in an official communiqué.

The Shackleton Scholarship Fund which is closely linked to the South Atlantic and the Falkland Islands has announced the launch of their new website: www.shackletonfund.com.

Out of the blue a Spanish-based air charter company, Cosmo, and seven minutes after the auction had started purchased the seven Bombardier aircraft from Uruguay’s defunct flag carrier Pluna for the base price of 137 million dollars.

Industrial production in Brazil expanded in August at its fastest pace in 15 months thanks to heavy government stimulus, data showed on Tuesday. Finance Minister Guido Mantega said the jump in industrial output is proof that the worst of Brazil's slowdown is over.

The so called “trail of the century” in Brazil has already condemned 22 of the 37 culprits and on Wednesday is expected to peak when three former leaders of the ruling Workers’ Party are formally accused of having setup a network of bribes to ensure a majority in congress.

Brazilian president Dilma Rousseff joined her mentor Lula da Silva in a political rally in support of the Workers Party candidate for mayor of the city of Sao Paulo in next Sunday’s municipal elections when 140 million Brazilians are registered to vote.

Chile revoked the concession awarded to Sociedad Quimica y Minera de Chile to exploit substantial reserves of lithium in the Andes region, acknowledging problems with the tender process.

Spain will exhaust all legal means to prevent the British Overseas Territory of Gibraltar gaining full membership of UEFA, Sports Minister Jose Ignacio Wert said. Gibraltar was admitted as a provisional member of European soccer's governing body on Monday and a decision on whether to grant full membership will be taken at a UEFA Congress in London next May.

A Falkland Islands lawmaker was scheduled to meet on Tuesday with Tanzania top officials to explain the Islands support for post-colonial status and the coming referendum next year to determine its political future, faced with the insistent sovereignty claims from Argentina.