Stories for January 2007

Friday, January 12th 2007 - 20:00 UTC
Argentina says “Oust Botnia” stamped bills fully valid

Argentina's Central Bank said yesterday that bills that have been stamped the legend “Oust Botnia” amid a dispute between Argentina and Uruguay over a Uruguayan pulp mill ÃÂ¢€“ and that in hundreds of cases have been retained by cashiers as false ÃÂ¢€” are fully valid and cannot be rejected by anyone or retained by banks.
Friday, January 12th 2007 - 20:00 UTC
Argentine Jan-Nov 2006 fish & seafood exports top those of whole 2005

Argentina in the first 11 months of last year exported 550,000 tonnes of fresh and processed sea and river fish and seafood for 1.15 billion dollars, more than in the 12 months of 2005, when it sold abroad 445,000 tonnes for 799 million dollars, the SENASA phytosanitary watchdog said in a report yesterday.
Thursday, January 11th 2007 - 20:00 UTC
Britain's Princess Anne to Visit Chile

Chile receives its fair share of high-profile visitors, from heads of state, to world famous rock musicians to Hollywood movie stars. Rarely, though, does the country play host to true royalty, much less to a key member of Great Britain's House of Windsor.
Thursday, January 11th 2007 - 20:00 UTC
World economy to slow in 2007

An expected dampening of the world economy in 2007 after three years of healthy growth has the weakening US housing market primarily to blame, a UN economic report released yesterday said.
Thursday, January 11th 2007 - 20:00 UTC
Argentine stock market seen slowing down this year after strong 2006 increase

The Argentine stock market is expected to continue growing this year but not to match the 35 percent rise that placed it among the world's ten top performers last year, among other reasons,

because that increase was mainly based on a 110-percent rise in steel company Tenaris, something that is unlikely to be duplicated, brokers told MercoPress
Thursday, January 11th 2007 - 20:00 UTC
Death of former Falklands Governor; a cautious man for turbulent times

News has recently arrived in the Falkland Islands of the death of former Governor, Mr. Ernest Gordon (Toby) Lewis. OBE, CMG, in London, at the age of 88.
Thursday, January 11th 2007 - 20:00 UTC
Arrest warrant for former president Isabel Peron

An Argentine judge has ordered the arrest of former President Isabel Peron over the disappearance of a leftist activist while she ruled between 1974 and 1976.
Thursday, January 11th 2007 - 20:00 UTC
Bank of England surprise move takes rate to 5.25%

The Bank of England raised Thursday UK interest rates to 5.25% from 5% in an effort to curb inflation and surprising analysts who were expecting the decision for next month.
Thursday, January 11th 2007 - 20:00 UTC
Euro zone interest rate remains unchanged at 3.5%

The European Central Bank balancing growth against inflation held its key interest rate steady at 3.5% Thursday but is expected to keep a close eye on prices and economic momentum ahead of a possible increase in March.
Thursday, January 11th 2007 - 20:00 UTC
Pulp mills dispute: banks retain “Oust Botnia” stamped Argentine bills

Hundreds of bank clients in the Argentine city of Gualeguaychú suffered the effects of the ongoing battle of this city against the construction of pulp mills in neighboring Uruguay when bills with the inscription “Oust Botnia” were retained by cashiers.