Stories for April 19th 2005

Tuesday, April 19th 2005 - 21:00 UTC

Continental lobbying for OAS seat.

Mexico's Foreign Affairs Minister Luis Ernesto Derbez announced Monday from Honduras he has 21 votes which are sufficient for his election as the next Organization of American States Secretary General.

Tuesday, April 19th 2005 - 21:00 UTC

OPEC promises more oil supply in May

Oil Petroleum Exporting Countries, OPEC, will possibly postpone the formal increase of production quotas until June' meeting but will expand supply in May anticipated the cartel's president.

Tuesday, April 19th 2005 - 21:00 UTC

Benedict XVI: doctrinal hard-liner or conciliator?

Cardinal Joseph Ratzinger of Germany, the Roman Catholic Church's doctrinal hard-liner, was elected pope Tuesday in the first conclave of the new millennium. He chose the name Benedict XVI and called himself “a simple, humble worker.”

Tuesday, April 19th 2005 - 21:00 UTC

Petrobras plans to drill offshore Mar del Plata.

Petrobras, the Brazilian government owned oil company will be investing 1,5 billion US dollars searching for hydrocarbons offshore Mar del Plata in Argentina.

Tuesday, April 19th 2005 - 21:00 UTC

Sterling surges but eyes are set on the renminbi

The British currency continued to surge Tuesday following an unexpected rise in March inflation anticipating the possibility of further interest rates hike by the Bank of England.

Tuesday, April 19th 2005 - 21:00 UTC

Poacher caught in South Georgia must pay £ 300,000

Fines and prosecution costs totalling over £ 300,000 were imposed Tuesday to a long-liner caught poaching in South Georgia by the Falkland Islands court. South Georgia is rich in the valuable Patagonian toothfish.