Stories for May 19th 2005

Thursday, May 19th 2005 - 21:00 UTC

Budget week begins May 24

The Falkland Islands 2005/06 Budget Session of the Legislative Council begins next Tuesday May 24 at 09.15 hours in the Council Chamber of the Town Hall.

Thursday, May 19th 2005 - 21:00 UTC

IMF extends Argentina's repayment expectations

The Executive Board of the International Monetary Fund (IMF) approved Wednesday a one-year extension of Argentina's repayment expectations to the IMF arising between May 20, 2005 and April 28, 2006 in a total amount equivalent to SDR 1.68 billion (about US$2.50 billion).

Thursday, May 19th 2005 - 21:00 UTC

Ecuador seizes arms for Colombian guerrilla

Ecuador's Chief of Police said Wednesday that weapons seized this week in one of the country's capital Quito wealthy neighbourhoods were going to be sold to the Revolutionary Armed Forces of Colombia guerrillas.

Thursday, May 19th 2005 - 21:00 UTC

Bolivian oil conflict: Petrobras cuts investments

Brazilian government Oil Company Petrobras which operates in Bolivia and is responsible for 20% of the country's GDP announced it will drastically reduce investments because of the latest controversial hydrocarbons bill.

Thursday, May 19th 2005 - 21:00 UTC

“Terrorist” embarrassment for the Bush administration

An alleged former CIA agent currently held in Miami who is accused of terrorism in Cuba and with a pending extradition request from Venezuela is causing growing embarrassment to President George Bush administration.

Thursday, May 19th 2005 - 21:00 UTC

Argentina: Tax breaks for energy sector

President Néstor Kirchner and Federal Planning Minister Julio De Vido made the announcement flanked by most of the Cabinet, businessmen and trade union leaders in Government House yesterday.