Stories for May 2014

Thursday, May 1st 2014 - 06:58 UTC
Fed optimistic about US economy; pares securities purchases by another 10bn dollars

The Federal Reserve looked past a dismal reading on first quarter US growth and gave a mostly upbeat assessment of the economy's prospects as it announced another cut in its massive bond-buying stimulus. Latest information indicates that economic activity has picked up after having slowed sharply during the winter in part because of adverse weather conditions, the central bank said on Wednesday.
Thursday, May 1st 2014 - 06:45 UTC
Malvinas issue should be addressed at UN General Assembly suggest Argentine lawmakers

Members from the opposition addressed a letter to President Cristina Fernandez recommending that in the coming UN General Assembly Argentina presents a resolution-draft calling for the Falklands/Malvinas Islands sovereignty claim to be discussed in the assembly and not at the Decolonization Committee or C24.
Thursday, May 1st 2014 - 05:43 UTC
Falklands' new governor mystified by Argentine logic and 'welcomes illumination'

Asked at a press conference on Wednesday why the Argentine Government had appeared to be against his appointment to the Falkland Islands, while also attempting to vilify him as someone who had previously opposed the right to self-determination of the inhabitants of another small island community, the newly-arrived governor, Mr Colin Roberts CVO, said that he was mystified by the logic and “would welcome illumination”.

Fed optimistic about US economy; pares securities purchases by another 10bn dollars