MercoPress. South Atlantic News Agency
Stories for January 26th 2007
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Friday, January 26th 2007 - 20:00 UTC
Penguin News Update
Headlines: Governor opens new west road; Sir Rex in June VIP party; Visitors galore; Hudson eruption fears; Mini Sports this weekend; FIDC's new chief arrives.
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Friday, January 26th 2007 - 20:00 UTC
Chile banking industry “The most profitable in the world”
Chilean banks were among the most profitable in the world in 2006, with profits of 18.56 percent in 2006, according to recent figures developed by Chile's Bank and Financial Institution Supervisory Board (SBIF).
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Friday, January 26th 2007 - 20:00 UTC
Fishing vessel on fire north of Falklands; 46 rescued
All crewmembers of an Argentine fishing vessel which caught fire and was abandoned early Friday morning off the coast of Santa Cruz province, north of the Falkland Islands have been rescued, reports the Argentine Coast Guard.
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Friday, January 26th 2007 - 20:00 UTC
Sao Paulo celebrates anniversary with 453 meters long cake
Brazil's Sao Paulo, South America's largest and most dynamic city celebrated this week its 453 anniversary with an eight tons cake shared by thousands of residents.
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Friday, January 26th 2007 - 20:00 UTC
Polished Valparaiso “invaded” by 8.000 cruise visitors
Three cruise vessels including “Queen Mary 2” called Friday in the Chilean port of Valparaíso with thousands of tourists, following a similar situation the previous Wednesday with the “Discovery”.
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Friday, January 26th 2007 - 20:00 UTC
Argentina's risk rate drops to new record and is below Brazil's
Argentina's rate risk dropped Friday below that of neighboring Brazil, a day after the successful floating of sovereign bonds totaling 500 million US dollars, at the lowest interest rate since August 2005.
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Friday, January 26th 2007 - 20:00 UTC
Argentine banks enjoy bonanza after debacle
Just a few years after its worst financial debacle in history, Argentina is going through a surprising banking bonanza and experts say it is highly to continue, at least in the short- to mid-term.
