Stories for February 2005
At least 230 tourists from two luxurious cruises and suffering from the recurrent Norwalk virus infection had to remain in their cabins while the vessels called in the port of Montevideo over the weekend, reported officials from the Uruguayan National Health Ministry.
As market analysts anticipated, and arguing that the stance of monetary policy remains accommodative and with underlying inflation expected to be relatively low, the Federal Reserve Open Market Committee decided Wednesday to raise its target for the federal funds rate by 25 basis points to 2,5%. This is the sixth straight rise since last June.
With great expectation the squid season opened in the Argentine EEZ, south of parallel 44, reports Pescare from Mar del Plata.
The 1,985 inhabitants of Stanley, the tiny capital of the Falkland Islands, like to pride themselves on their hospitality, but this reputation was put to the test and everyone came out to help in the best Falkland Islands style, when high winds and rough seas left 936 cruise ship passengers and 63 crew stranded there overnight.
The United States chapter of People for the Ethical Treatment of Animals, PETA has called on consumers to boycott Italian Benetton textile fashion garments claiming they are made of wool from Australian sheep exposed to some of the worst abuses in the industry.
Brazil's most powerful businessmen mostly from Sao Paulo, have began using subcutaneous microchips which can be easily tracked if they are kidnapped, and have also ordered bullet protection vests for their under 12 children.
Argentina and Venezuela underlined Tuesday in Buenos Aires that regional integration and bilateral cooperation are the paths that will lead the great South American community away from backwardness and poverty.
The Punta Arenas Production and Commerce Confederation (CPC) described the latest report on jobs and unemployment in Magallanes Region as worrisome.
Representatives from United States and Brazil revealed that they were exploring ways to re-launch the stalled talks for the creation of a Free Trade Association of the Americas, FTAA.
Chile's government owned oil company, Enap, is preparing tender conditions for drilling an exploratory well in Lake Mercedes basin, Tierra del Fuego, reports Punta Arenas press.