Stories for October 2007
Desire Petroleum optimistc about oil rig availability
Speaking to local shareholders in Desire Petroleum plc at a meeting in Stanley on Monday evening, Chairman Dr Colin Phipps said that he was more optimistic than he had been for a long time about the company's prospects of finding oil in commercial quantities in the North Falkland Basin.
South America: highest robbery rates
Fear of crime is driving investment away from cities in developing countries, where over half of all urban residents have been victims in the last five years, a United Nations report warned yesterday.
Easter Island expects summer tourism spike
Tourism is booming on Isla de Pascua (Easter Island). With the height of the summer tourist season still three months away, flights and hotel rooms in “The World's Navel” are already becoming a scarce commodity.
FOGL farm-out agreement with giant BHP Billiton
Falkland Oil and Gas Limited (“FOGL”) is pleased to announce that it has entered into a farm-out agreement with a subsidiary of BHP Billiton, the world's largest diversified resources company, over FOGL's 2002 and 2004 licences to the South and East of the Falkland Islands.
Plans to recycle veteran warship of the Falklands conflict
The former Royal Navy amphibious assault ship Fearless, which was a key part of the Falklands fleet, is expected to be recycled at a Belgian shipyard, the Ministry of Defence announced today.
Magallanes and Punta Arenas with lowest unemployment
Magallanes Region in the extreme south of Chile again recorded the lowest unemployment rate in the country during the June-August quarter, according to the latest release from the country's Statistics Office.
South Atlantic trawler on fire; all crew members rescued
Twenty four of the twenty seven crew members of a Spanish trawler that caught fire early Sunday morning in the South Atlantic will be arriving in Montevideo, Uruguay in the coming hours after having been rescued by another Spanish vessel.
Inflationary debate rages in Argentina; food CPI ranges 15%
Prices in Buenos Aires supermarkets and groceries jumped 1.6% in August totaling 14.1% in the first eight months of the year according to reports from the controversial Argentine Statistics and Census Office, Indec.
Multilateralism, only way to tackle global concerns says UN
Whether it is resolving conflicts, protecting human rights, achieving development goals or safeguarding the environment, the only viable way to effectively tackle today's complex global challenges is through multilateral cooperation, underlined United Nations Secretary-General Ban Ki-moon
China becoming world leader in wool processing
During the first seven months of this year China purchased 202.000 tons of wool, equivalent to 1.13 billion US dollars, up 61% over the same period a year ago according to the Uruguayan Wool Secretariat.
