Politics

• Saturday, April 28th 2012 - 06:11 UTC

  Falklands’ budget enjoys additional surplus boosted by the oil industry

  

  The Falkland Islands oil industry has contributed with an unexpected addition of £9.2M to the Falkland Islands Government (FIG) budget in the first nine months of the financial year 2011/12, reported the Islands government Standing Finance Committee.

• Saturday, April 28th 2012 - 06:07 UTC

  In a massive rally CFK reaffirms YPF seizure and thanks the opposition’s support

  

  Argentine President Cristina Fernandez in a massive political rally on Friday defended her policy to seize YPF from Spain’s Repsol, thanked the opposition for their legislative support and called on the new generations to defend the “historic legacy”.

• Saturday, April 28th 2012 - 06:05 UTC

  Argentine imports’ policy again accused of protectionism at a WTO committee

  

  Argentina was accused once more of “protectionism” at the meeting of the Imports License Committee of the World Trade Organization (WTO) in what can lead to a trade dispute with forty countries.

• Saturday, April 28th 2012 - 06:01 UTC

  Spain faces a “crisis of huge proportion” with “terrible figures”

  

  Spain's sickly economy faces a “crisis of huge proportions” said Foreign Minister Jose Manuel Garcia-Margallo as unemployment hit its highest level in two decades and Standard and Poor's weighed in with a two-notch downgrade of the government's debt.

• Saturday, April 28th 2012 - 05:09 UTC

  Brazil will increase military presence in the Amazon to protect natural resources

  

  Brazil will boost its military presence in the Amazon region to protect its huge natural resources from any external threat, Defence Minister Celso Amorim told the Senate on Thursday.

• Saturday, April 28th 2012 - 03:03 UTC

  Mexico sets ground-breaking global benchmark on tacking deforestation

  

  By MP Barry Gardiner and Ignacio Pichardo (*) - Below the global radar, a major victory was secured in Mexico on Tuesday 24th April in the world-wide battle to prevent deforestation and forest degradation, which are collectively the world's second largest sources of greenhouse emissions.

• Friday, April 27th 2012 - 23:30 UTC

  Royals celebrate with British personnel re-edition of South Pole Scott-Amundsen race

  

  The Duke and Duchess of Cambridge celebrated on Wednesday the achievements of British Service personnel who recreated the famous Scott-Amundsen race to the South Pole.

• Friday, April 27th 2012 - 23:11 UTC

  World Bank Food Price Watch jumped 8% in four months to March

  

  Global food prices increased by 8% from December 2011 to March 2012 due to higher oil prices, adverse weather conditions, and Asia’s strong demand for food imports, according to the World Bank Group’s latest Food Price Watch.

• Friday, April 27th 2012 - 11:30 UTC

  Timerman replies to De Gucht rejecting “unacceptable” arguments and “tone”

  

  Argentine Foreign Minister Héctor Timerman said the recent criticism from the European Trade Commissioner Karel De Gucht regarding the YPF expropriation is “unacceptable,” and assured that it “surprised him due to his tone and approach”.

• Friday, April 27th 2012 - 11:24 UTC

  Piñera announces tax reform to fund an education overhaul that threatens his government

  

  Chile's government on Thursday proposed a sweeping tax reform that raises levies on companies to help fund an education overhaul, as it seeks to quell social protests ahead of local elections seen as a litmus test for the 2013 presidential race.