Stories for March 16th 2010

Tuesday, March 16th 2010 - 21:56 UTC

Briton is recognized as world's first officially genderless person

Ladies or Gents, which for May-Welby

A British expat who claims to have no gender is thought to have become the first person to be officially recognized as neither male nor female.

Tuesday, March 16th 2010 - 21:43 UTC

Falklands MLAs with greater responsibilities and busy overseas agenda

MLA Sharon Halford busy at FIGO and the FCO

It is proving a busy overseas season for the Falkland Islands Members of the Legislative Assembly with a full agenda of political and administrative contacts in London, reports Gilbert House, Office of the Legislative Assembly.

Tuesday, March 16th 2010 - 21:41 UTC

Fed leaves rates unchanged in context of moderate growth and unemployment

Kansas City Fed President Thomas Hoenig believes exceptionally low rates create risk of new financial bubbles

The United States Federal Reserve left its key interest rate near 0% once again Tuesday and said rates should stay this low for the foreseeable future. In its release the Federal Open Market Committee, FOMC, policymakers repeated their prediction that economic conditions are likely to result in “exceptionally low levels of the federal funds rate for an extended period”.

Tuesday, March 16th 2010 - 18:26 UTC

Chile’s power supply “fragile” for the next six months

The energy sector in Chile is largely privatized

Chile’s new Energy Minister Ricardo Raineri said the country’s electricity supply may not normalize for another six months, following a blackout which hit more than 70% of the country late Sunday night.

Tuesday, March 16th 2010 - 18:20 UTC

Petrobras planning to issue 60 billion US dollars of new stock

Minister Edison Lobao said Petrobras has “no funding problems”

Brazil’s government managed oil company Petrobras will issue as much as 60 billion US dollars of new stock, most of which will go to the government in exchange for oil rights, Energy Minister Edison Lobao announced Tuesday.

Tuesday, March 16th 2010 - 16:42 UTC

In spite of bad weather 16 cruise vessels visit South Georgia during February

“Minerva” one of the sixteen cruise vessels and six yachts that called in Grytviken

For South Georgia February was one of the busiest months in the 2009/10 tourist season with sixteen cruise ships and six yachts visiting the island.

Tuesday, March 16th 2010 - 16:37 UTC

Chile per capita expenditure on defence, the highest of Latinamerica

Chart shows national shares of the volume of imports of major conventional weapons by states in the Americas, 2004–2008. Credit: SIPRI

Chile is the second largest weapons importer in the Americas and the 11th largest in the world, a recent study has shown. Chile’s defence budget nearly doubled between 1997 and 2007, the study carried out by the Stockholm International Peace Research Institute (SIPRI) said.

Tuesday, March 16th 2010 - 05:16 UTC

Lula da Silva calls for Palestinian state during official visit to Israel

 The Brazilian president fears Israel might decide to attack Iran

Brazilian President Lula da Silva kicked off a Middle East trip in Jerusalem by saying he wants to promote regional peace, after expressing concerns last week that Israel may attack Iran over its nuclear program.

Tuesday, March 16th 2010 - 05:13 UTC

EC calls on Britain to further cut the budget deficit: “not ambitious enough”

It’s only a recommendation, but it’s more than that for PM Brown

The European Commission will call on Britain to do more to cut the budget deficit, according to a draft document. The EU executive is also expected to say the UK's medium term plans are not ambitious enough. The report will see the light just weeks before a general election is expected to be announced.

Tuesday, March 16th 2010 - 05:10 UTC

Europe agrees to help Greece but loan guarantees have been ruled out

Luxembourg’s Jean-Claude Juncker, head of the group of Euro-zone finance ministers

Europe's finance ministers agreed Monday how to help Greece in its battle to control its finances. After a meeting in Brussels, they revealed few details, except that they had ruled out any loan guarantees.

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