Stories for June 2005
Latest News feedFOGL Granted Extension to Exploration Licences
FOGL announces that it has been granted a two year extension to its approximately 33,000 sq km licence held in joint venture with Hardman Resources, which owns 22.5% of the licence.
Uruguay/Spain rift over immigration
Uruguayan minister of Foreign Affairs Reynaldo Gargano called on his countrymen to treat Spanish residents and visitors “politely” following a controversy with Madrid over the expulsion of Uruguayan immigrants.
Chile considering an atomic energy plant
Chile which is considering resorting to nuclear energy, signed Wednesday with Russia an agreement for the peaceful use of atomic energy in the framework of a bilateral cooperation program.
“US recession much closer than imagined”
The chances of a United States recession or even a decline are closer than imagined warned Bill Gross, an influential financial guru who manages the largest mutual fund in the world with assets of 450 billion US dollars.
UN forecasts 3,25% world economy expansion for 2005
The world economy is forecasted to expand 3,25% this year compared to 4,1% in 2004 which in itself is “benign”, although it entails certain risks said Jose Antonio Ocampo Deputy Director of the United Nations Economic and Social Affairs Department on presenting a report on the world economy.
Chile’s unemployment drops to 8,3%
Chile’s national unemployment rate dropped to 8,3% in the March-May quarter, the lowest since the same period in 1998, according to the latest release from the National Statistics Institute.
Argentina forecasts Malvinas “full sovereignty”, quiet soon
Argentine Defence Minister Jose Pampuro said that before than expected Argentina “will be in condition to recover the Malvinas”, or improve its position, adding that the United Kingdom has “enormous problems in sustaining” the Islands
Falklands’ book: Argentina considering legal actions
The Argentine government is studying the adoption of legal and diplomatic measures following the launching in Britain of the book, “The official history of the Falklands campaign”, written by Professor of War Studies and Vice-Principal of King’s College London, Sir Lawrence Freedman.
Chile will not apologize for supporting the British
Chile considers that the collaboration given to Britain during the Falklands’ conflict in 1982 happened in “another historic context” and does not anticipate apologizing, said Wednesday Chilean Defence Minister Jaime Ravinet.
De-mining along Bolivian border begins July 21
Chile will begin next July 21 the destruction of antipersonnel mines planted along the Bolivian border, announced the Chilean Consul in La Paz, Francisco Perez Walker.
