Stories for January 16th 2009
New York plane crash: 'Miracle on the Hudson'
A US Airways aircraft has crashed into the Hudson River in New York after a flock of birds apparently disabled both its engines. More than 150 passengers and crew members were rescued before the plane sank into freezing waters.
Falkland Islands: Weekly Penguin News Update
Headlines: Vendée Globe competitors pass by on last long leg of the race; Founder of Desire Petroleum loses fight with illness; Moto-X to make a comeback.
Falklands readies opening of veteran's Liberty Lodge
THE Falkland Islands community is pulling together to keep on schedule the opening of a lodge for visiting British '82 war veterans.
World oil demand forecasted to continue contracting
While oil prices ended this week's trading in the range of 35 US dollars the barrel, the International Energy Agency (IEA) has cut its estimates on world oil demand and for the first time since 1982-1983, expects two consecutive years of contracting demand for crude oil.
Third year running LAN, best airline in C. and South America
For the third year in a row the prestigious magazine Global Traveller awarded LAN Chile as the 'Best Airline in Central and South America.' The magazine surveyed more than 31,000 readers of the publication to select the best in class for luxury and business travel throughout 2008. This distinction is the direct result of the feedback received in the survey.
Bush makes effective Peru-US free trade agreement
United States and Peru began on Friday the implementation of a free trade agreement just days before US president George W Bush leaves office and despite concerns about labour and environmental aspects of the accord.
Citigroup to split and more fresh aid for Bank of America
The struggling US banking giant Citigroup has announced plans to split the firm in two, as it reported a quarterly loss of 8.29 billion US dollars. It said it would realign into two new firms, Citicorp and Citi Holdings.
Bolivia prepares for observers-packed referendum
The Organization of American States, OAS, will send 65 observers from 16 different countries to the constitutional reform referendum programmed for January 25th in Bolivia, reported the head of the OAS mission Raul Lago.
Spain admits 2009 recession deepest in half a century
Spain faces its deepest recession in half a century admitted Finance Minister Pedro Solbes anticipating the economy will contract 1.6% this year. In July, the minister had predicted a 1% expansion.
