Stories for August 11th 2007

Saturday, August 11th 2007 - 21:00 UTC

Massive coordinated liquidity injection to sooth markets

The Fed pumped a  62 billion dollars into the market in two days

The United States Federal Reserve pumped 38 billion dollars into the banking system Friday, marking its biggest operation since the week of the 9/11 terror attacks, as it vied to shore up the US financial system.

Saturday, August 11th 2007 - 21:00 UTC

Brown says FAM outbreak limited to small area of England

“FAM had been stopped into small areas” said PM Brown

British Prime Minister Gordon Brown said Friday that foot-and-mouth disease had been stopped from spreading outside a small area of England, despite tests for a suspected new outbreak in a herd several kilometers from the initial cluster of cases.

Saturday, August 11th 2007 - 21:00 UTC

Falklands have highest internet connections percentage in the region

According to Stats, 1.173 million people in the world are connected to internet

The Falkland Islands, considered as part of the South American continent, have the highest percentage of population internet connection, 69%, followed by Chile, 42%, Argentina 34% and Uruguay 33.6% according to the latest release from Internet World Stats.

Saturday, August 11th 2007 - 21:00 UTC

Kirchner warns oil companies about investments

Kirchner promise to invest heavily in the exploration and production of natural gas

Argentina is willing to invest heavily in the exploration and production of natural gas in Bolivia if the multinational companies, such as (Brazil's) Petrobras and (Spain's) Repsol-YPF, are not committed to the undertaking warned Argentine president Nestor Kirchner in Tarija.

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