Stories for August 2008

Thursday, August 28th 2008 - 21:00 UTC

Chilean to head IMF Western Hemisphere Department

Nicolas Eyzaguirre

Chile's former Finance minister Nicolas Eyzaguirre was named to head the International Monetary Fund Western Hemisphere Department that oversees Latin America, the United States and Canada.

Thursday, August 28th 2008 - 21:00 UTC

Oil rig for South Atlantic exploration arrives next month

Argentine and Chilean government and private oil companies announced Wednesday they would be investing 150 million US dollars to search for hydrocarbons in the South Atlantic.

Thursday, August 28th 2008 - 21:00 UTC

Argentine president ranks 13 among most powerful women

Chancellor Angela Merkel is the world's most powerful woman

Argentine president Cristina Fernandez de Kirchner and Chile's Michelle Bachelet figure among the hundred most powerful women in the world according to a list released Wednesday by the US magazine Forbes.

Thursday, August 28th 2008 - 21:00 UTC

Barak Obama officially nominated by acclamation

Full support: Delegates voted overwhelmingly for Barack Obama to fight the US election

Barack Obama made history as he became the first African-American to win the presidential nomination of a major US political party.

Thursday, August 28th 2008 - 21:00 UTC

Falkland Islands: Airbridge new contract announced

Four round flights per fortnigh but more expensive fares

FALKLAND Islanders are to have 'higher frequency' of flights to the UK via the British Forces airbridge under the conditions of the Joint Position Statement (JPS) signed between the Ministry of Defence and the Foreign and Commonwealth Office in respect of civilian use of the facility.

Thursday, August 28th 2008 - 21:00 UTC

EU demographic implosion set to begin in 7 years

Not enough young workers to finance the elderly

Since its historic reunification almost two decades ago, Germany has been easily the European Union's most populous nation, with 20 million more inhabitants than its closest rival.

Thursday, August 28th 2008 - 21:00 UTC

Standard Chartered opens representation office in Santiago

Britain's Standard Chartered Bank has been authorized to open a representation office in Chile, according to an official release from the country's banking regulator, Superintendencia de Bancos e Instituciones Financieras, SBIF

Thursday, August 28th 2008 - 21:00 UTC

LAN chosen best South American airline by Sky Trax

LAN Airlines, Chile's flag air carrier was once again named the best South American Company at the most recent World Airline Awards, given by the British market research company Sky Trax.

Thursday, August 28th 2008 - 21:00 UTC

Lugo threatens stalled Senate with referendum

Lugo's first  candid smiles are becoming sour warnings

The two weeks old government of Paraguayan president Fernando Lugo has threatened with a referendum to solve a Congressional confrontation which is delaying crucial legislation for the incoming coalition such as the 2009 budget.

Thursday, August 28th 2008 - 21:00 UTC

US economy surprise: 3.3% expansion in second quarter

The US economy grew at a revised 3.3% annually in the second quarter of 2008, said on Thursday the Commerce Department, much higher than the original estimate of 1.9%.

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