Stories for April 26th 2008

Saturday, April 26th 2008 - 21:00 UTC

Yacht damaged in high seas heading for the Falklands

A Canadian trying to sail non-stop around the world against the wind is heading for the Falkland Islands after been injured and his 12-metre sailboat damaged in a roll-over in the South Atlantic.

Saturday, April 26th 2008 - 21:00 UTC

World's main ethanol producer takes over Exxon Brazil

Brazil's Cosan the world's largest sugar and ethanol processor announced Friday it had agreed to buy more than 1.500 Brazilian service stations and other assets from Exxon Mobil (Esso Brazil) for 826 million US dollars.

Saturday, April 26th 2008 - 21:00 UTC

Uruguay acts to contain US dollar fall in local market

Minister Danilo

Uruguay announced a package of measures to contain the effects of a collapsing US dollar in the local money market and to combat inflation. The local currency, Uruguayan peso, has appreciated almost 7% against the US dollar in the first four months of 2008 and has dropped to June 2002 levels which has caused concern among the country's exporters.

Saturday, April 26th 2008 - 21:00 UTC

Zero in Argentine geography: Malvinas are Falklands (GB)

School text books distributed by an Argentine provincial government identify the Islas Malvinas as the “Falklands” with the GB for Great Britain next to the map. The error (blooper¿?) triggered a strong reaction from the local chapter of the Malvinas veterans and the provincial congress.

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