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Stories for August 2005

• Tuesday, August 9th 2005 - 21:00 UTC

  Fed expected to raise rates for the tenth time

  Money markets expect the United States Federal Reserve to raise interest rates once again Tuesday, for the tenth time running, with the purpose of containing inflation.

• Tuesday, August 9th 2005 - 21:00 UTC

  Brazilian military had plans to build atomic bomb

  Former Brazilian president Jose Sarney revealed that the military dictatorship that ruled Brazil for two decades (1964/1985) had plans to build an atomic bomb but the initiative was discarded once democracy was restored in the country.

• Tuesday, August 9th 2005 - 21:00 UTC

  US contingency plan for a Venezuela oil cut off

  United States Congress has begun considering consequences of a potential Venezuelan petroleum cut off given the country's “political instability”.

• Tuesday, August 9th 2005 - 21:00 UTC

  Record bank heist in Brazil: 65 million US dollars

  A group of robbers stole a record 65.2 million US dollars by tunnelling into the vault of a regional branch of the Brazilian Central Bank, admitted officials in Rio do Janeiro.

• Tuesday, August 9th 2005 - 21:00 UTC

  Albatross and Petrel programme pushes ahead

  THE start of the Falklands Conservation Albatross and Petrel Programme (funded by the Overseas Territories Environment Programme and FIG) in March 2004 followed on from the highly successful Seabirds At Sea Team investigating the conservation of seabirds in the Falkland Islands.

• Tuesday, August 9th 2005 - 21:00 UTC

  HMS Leeds Castle: years keeping Falklands safe

  Displacing little over 1,400 tonnes fully loaded, HMS Leeds Castle has spent much of her Royal Navy service in great waters thousands of miles from the United Kingdom.

• Tuesday, August 9th 2005 - 21:00 UTC

  Falklanders' farewell message to HMS Leeds Castle

  A message of “greeting and gratitude” from all Falkland Islanders was sent by the Islands' Governor Howard Pearce to the commanding officer of HMS Leeds Castle which was officially decommissioned Monday August 8 in Portsmouth.

• Tuesday, August 9th 2005 - 21:00 UTC

  Fed hikes base rate to 3,5% and promises more

  The Federal Reserve raised Tuesday the base interest rate 25 points to 3,5% and signalled that more gradual rate hikes can be expected since “pressures on inflation have stayed elevated”

• Monday, August 8th 2005 - 21:00 UTC

  Chile planning to limit migration to Easter Island

  The Chilean government is considering limiting migration to the world famous archaeological Easter Island with the purpose of stopping the indigenous population from being overrun by people from “overseas”.

• Monday, August 8th 2005 - 21:00 UTC

  Ecuadorian military increasingly uneasy

  Ecuadorian Armed Forces high command met urgently over the weekend to analyze the possible scenarios following the announced return of ousted president Lucio Gutierrez, a former Colonel, who apparently is planning to walk across from neighbouring Peru.