MercoPress. South Atlantic News Agency
Stories for May 2005
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Tuesday, May 3rd 2005 - 21:00 UTC
Falkland Oil and Gas Limited Update.
Significant increase in number of identified leads.
Enhanced possibility of a new petroleum province in the South and East Falkland Basins. -
Tuesday, May 3rd 2005 - 21:00 UTC
Gusher dreams push up Falkland Oil and Gas
Exploration minnow Falkland Oil and Gas gushed after seismic reports dramatically increased the prospect of discovering sizeable reserves of oil and gas.The company will have to raise fresh funds to step up the exploration work.
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Tuesday, May 3rd 2005 - 21:00 UTC
Antarctic project to unveil climate secrets
A scientific Antarctic sea bed sediments project with the purpose of unveiling global climate secrets of the past was undertaken this season by the United States icebreaker “Nathaniel Palmer” which called in Punta Arenas after three years absence.
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Tuesday, May 3rd 2005 - 21:00 UTC
Further IMF praise for Brazil's perfomance
More International Monetary Fund praise for Brazil, this time in the latest edition of the IMF Survey, where Deputy Director for the Latinamerican Department Charles Collyns anticipates Brazil will be one of the world's “heavy weights” in the next five to ten years.
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Tuesday, May 3rd 2005 - 21:00 UTC
Fed raises basic rate to 3%, and promises more
Arguing that “pressures on inflation have picked up in recent months and pricing power is more evident” the United States Federal Open Market Committee decided Tuesday to raise its target for the federal funds rate by 25 basis points to 3 percent.
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Tuesday, May 3rd 2005 - 21:00 UTC
US admits crucial role in OAS vote
United States admitted Tuesday it played a crucial role in making Mexican Foreign Affairs minister desist from his candidacy to the Organization of American States, OAS, Secretary General post and so opening the way for the elected Chilean candidate Jose Miguel Insulza with an overwhelming support.
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Monday, May 2nd 2005 - 21:00 UTC
Ecuador's govt gets support from OAS
The OAS will maintain diplomatic relations with the new government of Ecuador, headed by Alfredo Palacio, the former vice president whom the nation's Congress named to replace President Lucio Gutierrez after it summarily removed the latter from office on April 20
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Monday, May 2nd 2005 - 21:00 UTC
World's workers rally on May Day.
Millions of workers from Tokyo to Havana and across Europe took to the streets Sunday in May Day rallies and marches to demand improved conditions and protest government policies.
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Monday, May 2nd 2005 - 21:00 UTC
Petrobras to double gas pipeline capacity
State-owned petroleum giant Petrobras is to begin work this year on seven new pipelines that will more than double its capacity to transport natural gas within Brazil, O Globo daily reported Monday.
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Monday, May 2nd 2005 - 21:00 UTC
Bielsa: Mercosur ready to retake FTAA talks
Argentine Foreign Affairs minister Rafael Bielsa denied Monday that the 34 hemispheric countries project for a Free Trade Association of the Americas, FTAA, is “dead”.
