Stories for February 26th 2007
Falklands' war 25th anniversary: “Not an easy year” for UK Argentina relation
British Ambassador in Buenos Aires said Sunday that 2007 “will not be an easy year for the relationship” with Argentina because of the upcoming 25th anniversary of the war over the Falklands/Malvinas.
Chavez preparing for conflict with US plans to buy 9 subs
Venezuela is currently negotiating with European and Russian companies the purchase of nine submarines valued in three billion US dollars for the event of “an attack from United States”, report several South American newspapers.
Euro zone concerned with falling Yen and US dollar
European finance ministers meeting in Brussels opened their monthly meeting Monday with European Central Bank President Jean-Claude Trichet, downplaying fears of inflation and calling for exchange rates to stabilize
Russia's gas giant and Petrobras sign cooperation accord
Gazprom and Brazilian oil company Petrobras have signed last week an agreement on hydrocarbon cooperation, the Russian energy giant revealed in a news release Monday.
Greenspan forecasts “possible” US recession end of 2007
Former Federal Reserve Chairman Alan Greenspan said Monday in a video conference with Hong Kong businessmen that a recession in the United States economy was “possible” at the end of the year because the economy has grown since 2001.
Chile faces rich world evils: 25% of population is obese
Obesity and related pathologies like high blood pressure, diabetes, and heart attacks cost the Chilean treasury an estimated 300 million US dollars which is equivalent to a significant percentage of the country's overall public health budget.
Chavez “can scare away” investors from South America
Venezuelan President Hugo Chávez can scare away investors in South America, who may prefer to invest in other regions, US Ambassador to Brazil, Clifford Sobel, told to Exame magazine 10 days before the arrival of US President George W. Bush to Sao Paulo.
