Stories for February 8th 2008
Falkland Islands: Weekly Penguin News update
Headlines: Farewell, grand old lady; Veterans' house in Stanley - hopes high for year end opening; Upland Goose conversion approved; Drugs arrests.
Exxon Wins Freeze on $12 Billion in Venezuela Assets
Exxon Mobil Corp. won court orders in the U.S., U.K., the Netherlands and the Caribbean freezing more than $12 billion in Venezuelan assets amid a battle over the government's seizure of oil projects.
C. Kirchner invited to London; Falklands unofficial talks?
Argentine president Cristina Fernandez de Kirchner is ready to visit London next April although Buenos Aires press reports indicate that the Kirchner administration would like to see advances in the Malvinas war next of kin humanitarian visit to the Falklands Islands for the inauguration of the Argentine cemetery, before the final decision is taken.
Rio Tinto, another Argentina/Uruguay dispute brewing
Uruguayan Minister of Public Works and Transport Víctor Rossi accused the Argentine Foreign Affairs ministry of looking for problems “where they don't exist” following an official request for information on the projected construction of a new port by the mining giant Rio Tinto where the river Uruguay and the River Plate meet.
Fed offensive exposes cut-rates/inflation balance dilemma
United States central bank officials came out in what seems a concerted offensive to inject optimism and downplay fears of a full fledged US recession as negative data on the economy keeps piling and a discouraging factor feeling extends.
US stimulus package passed but political system at its lowest
United States President George Bush announced on Friday that the will sign a 168 billion US dollars economic stimulus package approved by the Senate that he said is needed to help boost the slowing economy. The announcement came as an AP-Ipso public opinion poll revealed an all time low support for President Bush and the US Congress.
