Stories for December 2005
Offshore Hydrocarbon Mapping plc heads for the Falkland Islands
Offshore Hydrocarbon Mapping plc has been awarded a contract by Rockhopper Exploration plc, to conduct a Controlled Source
Electromagnetic Survey (CSEM) over a number of prospects including at least one
shallow water prospect in the North Falkland Basin.
While attending the European Union's Overseas Countries and Territories Association in Brussels recently, Falkland Islands Councillors Mike Summers and Dr Andrea Clausen discussed the need for change to the Rules of Origin of fishermen, with regard to the Falklands fishery.
The United States economy continued to grow at a fast pace despite the impact of hurricanes and record high oil prices with third quarter GDP expansion reaching 4,1%.
The Argentine fishing industry had an annual turnover equivalent to 658.8 million US dollars in 2003, mainly from sales of goods produced by fishing companies, as indicates the last survey performed by the Statistics and Census National Institute, INDEC, based on 2003 data.
Chile is forecasted to post a record GDP equivalent to 112 billion US dollars given the current rate of expansion and business growth expectations for November and December.
Argentine president Nestor Kirchner confirmed that next January 2 Argentina will repay the whole pending debt with the International Monetary Fund, which amounts to 9.810 billion US dollars.
The International Monetary Fund (IMF) has agreed to write off 3.3 billion US dollars in debts owed by the poorest countries in the world including Nicaragua, Bolivia, Honduras and Guyana.
The World Bank's private sector arm released Monday a draft study of the expected social and environmental impacts of two contested pulp mills in neighbouring Uruguay, and said it would not decide on funding the projects for at least two months.
Bolivian elected president Evo Morales said Monday that the gas business with neighboring Argentina and Brazil will remain unchanged but will no longer be a business among multinational companies, but rather between governments.
China's new exchange rate system is operating in a stable manner and flexibility of the yuan is gradually improving, said Tuesday the Chinese central bank.