Stories for August 9th 2005
Tight oil supply with no ceiling for prices
Crude-oil prices seem to have no ceiling and jumped to a new high above 63 US dollars a barrel on Monday, reflecting the market's persistent uneasiness about strong global demand and tight supplies.
Punta Arenas, second dearest city in Chile
Punta Arenas is the second most expensive Region-city of Chile with the country's capital Santiago figuring top of the rank, according to the Business Administration Department from the Concepcion Development University.
Encouraging prospects for Argentine sheep farming
The strong recovery of the last two years and encouraging prospects for sheep farming in Argentina was highlighted by Alberto Paz, president of the Corriedale Breeders Association, the most extended breed in the country.
Fed expected to raise rates for the tenth time
Money markets expect the United States Federal Reserve to raise interest rates once again Tuesday, for the tenth time running, with the purpose of containing inflation.
Brazilian military had plans to build atomic bomb
Former Brazilian president Jose Sarney revealed that the military dictatorship that ruled Brazil for two decades (1964/1985) had plans to build an atomic bomb but the initiative was discarded once democracy was restored in the country.
US contingency plan for a Venezuela oil cut off
United States Congress has begun considering consequences of a potential Venezuelan petroleum cut off given the country's “political instability”.
Record bank heist in Brazil: 65 million US dollars
A group of robbers stole a record 65.2 million US dollars by tunnelling into the vault of a regional branch of the Brazilian Central Bank, admitted officials in Rio do Janeiro.
Albatross and Petrel programme pushes ahead
THE start of the Falklands Conservation Albatross and Petrel Programme (funded by the Overseas Territories Environment Programme and FIG) in March 2004 followed on from the highly successful Seabirds At Sea Team investigating the conservation of seabirds in the Falkland Islands.
HMS Leeds Castle: years keeping Falklands safe
Displacing little over 1,400 tonnes fully loaded, HMS Leeds Castle has spent much of her Royal Navy service in great waters thousands of miles from the United Kingdom.
Falklanders' farewell message to HMS Leeds Castle
A message of “greeting and gratitude” from all Falkland Islanders was sent by the Islands' Governor Howard Pearce to the commanding officer of HMS Leeds Castle which was officially decommissioned Monday August 8 in Portsmouth.
