Stories for November 2001
'A victory for consistency', is how one person described the outcome of the Falklands General Election, which saw five of the eight seats filled by candidates who served for four years on the previous Legislature. However, another person described the result as, 'Disappointing', adding that it was, 'A lost opportunity to bring in new blood to the Government'.
The Falkland Islands flag is to fly forever on Britain's most famous heritage ocean liner, the ss Great Britain, as a reminder of its links with the Islands.
With aides promising a quick return to politics and a bid for a third presidential term, former president Carlos Menem recovered this Tuesday his freedom after spending several months in house arrest for his alleged involvement in arms smuggling to Croatia and Ecuador in violation of international agreements.
P6O Princess Cruises and Royal Caribbean Cruise announced this week a merger of equals that will create the world's largest cruise operator with a combined group value of 6 billion US dollars and overall annual sales of plus 5 billion US dollars.
The dispute over Gibraltar's future has intensified as Gibraltarians boycotted talks in Barcelona between Britain and Spain to try to resolve the 300-year-old dispute over sovereignty. Gibraltarians held a demonstration in protest.
Mercosur country members consider the recent WTO summit in Qatar as positive since prospects for agriculture are encouraging, following the export subsidies progressive elimination agreement.
This Monday Argentina sets off the first stage of the bonds swap operation addressed to lower interest payments with an expected 2,5 billion US dollars saving in 2002 and avoid defaulting on foreign loans.
The International Monetary Fund lowered the world's growth estimate for this year to just 2,4%, which many economists consider a recession since it's below 2,5%.
US Congress Democrat Senate leader Tom Daschle confirmed this week in Washington that legislation giving the Executive power to negotiate new trade deals without the threat of congressional amendments, (fast track) will not be approved this year.