Stories for July 15th 2009

Wednesday, July 15th 2009 - 23:50 UTC

Ten years on - still disagreement on Falklands’ agreement

The 1999 agreement reinstated Lan Chile flights to the Falklands from Punta Arenas and allowed holders of Argentine passports to visit the Islands.

On the tenth anniversary of the agreement July 14th 1999 between Britain and Argentina on the Falklands, an elected representative of the time still maintains she was right to disagree with the decision that allowed Argentine passport holders the right of access to the Islands.

Wednesday, July 15th 2009 - 11:51 UTC

The Kirchner couple fortune soared 158% last year: totals 12.1 million US dollars

The ruling couple have proved to be excellent investors in Patagonia real estate

The fortune of Argentine President Cristina Fernandez de Kirchner and her husband and former president Nestor Kirchner soared 158% in 2008 having reached the equivalent of 12.1 million US dollars according to sworn statements from the couple published Tuesday in the Buenos Aires press.

Wednesday, July 15th 2009 - 11:39 UTC

Divers have recovered part of the gold lost in the South Atlantic

In another three weeks the whole cargo of 9.6 tons of gold and silver form the sunken “Polar Mist” should be recovered by “C-Sailor”

Part of the gold and silver which went down in the South Atlantic, off Patagonia, with the Chilean flagged trawler converted into a transport vessel “Polar Mist”, has been winched aboard the rescuers’ tug contracted to recover the precious cargo.

Wednesday, July 15th 2009 - 11:36 UTC

Brazil confident of recovery and retaining primary surplus

Finance Minister Mantega said that the primary surplus will be achieved even if it means cutting spending towards the end of 2009.

Finance Minister Guido Mantega said Tuesday that Brazil is not facing fiscal troubles and anti-cyclic policies are showing satisfactory results. His statement was supported by the latest release on retail sales, for May, which was higher than expected.

Wednesday, July 15th 2009 - 11:34 UTC

Guatemala asks Chávez for further information about alleged plot

President Alvaro Colom

The Guatemalan government will request from Venezuela's President Hugo Chávez additional information on alleged scheming for a coup against President Álvaro Colom, said on Monday an official source.

Wednesday, July 15th 2009 - 11:30 UTC

PM Brown “all talents cabinet” coming to an end

Health minister Lord Darzi announced he was stepping down to focus on clinical work and academic research.

Gordon Brown has lost yet another member of his Government as Health Minister Lord Darzi announced he was quitting. The renowned surgeon became the latest minister to join the exodus as he revealed he was stepping down next week in order to focus on his clinical work and academic research.

Wednesday, July 15th 2009 - 11:26 UTC

Chilean sheep farming industry targets double lamb exports by 2010

Magallanes in the extreme south, is Chile’s main sheep farming territory.

The Chilean sheep farming industry is embarking on a million dollar master plan to boost the national sheep population and double lamb exports by 2010.

Wednesday, July 15th 2009 - 11:25 UTC

Uruguayan ports will give Bolivian trade access to the sea

Uruguay promised support for delisting coca leaves as dangerous drugs.

Sea access, trade, energy, cooperation and delisting coca leaves from the dangerous drugs inventory were among the main issues addressed by Bolivian president Evo Morales and his Uruguayan host President Tabare Vazquez during his brief visit to Montevideo on Monday.

Wednesday, July 15th 2009 - 07:56 UTC

Argentine inflation cooling as economy slows down

“Official” June inflation was 0.4%, while private estimates put it at 0.6%

Argentina’s official consumer inflation in June was 0.4%, totalling 5.3% in the last twelve months and 2.7% in the first half of this year, according to the latest release from the controversial Statistics and Census Office, Indec.

Wednesday, July 15th 2009 - 07:55 UTC

Exxon-Mobil partners with biotech company to develop fuels from algae

Funds will be used to identify algae strains and growth development to produce abundant fuels at low cost.

The world’s largest publicly traded oil company Exxon Mobil said Tuesday it will make its first major investment in greenhouse gas reducing bio-fuels in a 600 million US dollars partnership with biotech company Synthetic Genomics Inc. to develop fuels from algae. The US corporation will be joining other oil giants (Shell and BP) that have been investing in bio-fuels.

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