Stories for February 10th 2006

Friday, February 10th 2006 - 20:00 UTC

Latin America's best economic cycle in three decades

Latinamerica is going through its best economic upturn in the last thirty years said Luis Alberto Moreno, president of the Inter American Development Bank, IDB, in an interview with the French newspaper Le Monde.

Friday, February 10th 2006 - 20:00 UTC

Costa Rica: free trade treaty debate on hold

Costa Rica's Congress will wait until it becomes clear who won last Sunday's presidential election to continue with deliberations on the Central America Free Trade Agreement, CAFTA, with United States.

Friday, February 10th 2006 - 20:00 UTC

Brazil in no rush to withdraw from Haiti

Brazil has no timetable to withdraw its troops under United Nations flag from Haiti said president Luiz Inacio Lula da Silva currently underlining he did not want a repeat of the Rwanda killings and chaos.

Friday, February 10th 2006 - 20:00 UTC

Russia hosts G8 Finance ministers' summit

Russia which has become a world oil powerhouse hosts its first meeting of finance ministers from G8 nations this weekend with debt and energy on the agenda, but traditional topics like exchange rates and the US current account deficit are conspicuously absent.

Friday, February 10th 2006 - 20:00 UTC

UK interest rates on hold at 4.5%

The Bank of England decided Thursday to leave interest rates on hold at 4.5% in spite of some expectations of a possible cut.
The last time UK rates were cut was in August 2005 when they fell a quarter of a point.

Friday, February 10th 2006 - 20:00 UTC

Chilean record exports

Chilean exports totalled 3.649 billion US dollars in January, up 22% from the same month in 2005, according to the monthly bulletin from Chile's Central Bank.

Friday, February 10th 2006 - 20:00 UTC

Penguin News Update.

Headlines:
Flares spotted near South Georgia: source is a ?mystery'; MPs cancel visit; Cruise ships this week; Polar yachtsman passes Falklands; Ground collision halts flight; Antarctic rower is off again; London winner measures Stanley's marathon.

Friday, February 10th 2006 - 20:00 UTC

FAM “sanitary emergency” in Argentina

A “sanitary emergency” was declared Friday in Argentina following a foot and mouth disease outbreak in the northeastern province of Corrientes earlier in the week.