President Fidel Castro announced the discovery of a crude oil deposit off shore Cuba apparently containing 100 million barrels.
US dollar 560/570 Pesos in Punta Arenas; Improved air service support for cruise industry; Tapping natural gas deposits in Magallanes.
The New York Times praised the Argentine economic recovery of the last three years in spite of the fact that when the December 2001 crisis broke out, an unprecedented social and economic collapse was forecasted.
A major reform of Brazil's bankruptcy laws has been approved by Congress; a move which is hoped will cut costs for business.
Former president Carlos Menem is scheduled to appear in court today and promise a judge investigating him on charges of tax evasion that he will never again shun court summons.
Introducing the glossy booklet, Director, Professor Chris Rapley says that their work this year has been highly successful, but was marred by the terrible loss of scientist Kirsty Brown in a leopard seal attack at Rothera. Her contribution, to Antarctic science he says, won't be forgotten.
More than 50,000 British troops will be serving away from their homes this Christmas. They include almost 9,000 in Iraq or the Gulf, more than 1,100 in the Balkans and 800 in Afghanistan.