MercoPress. South Atlantic News Agency
Stories for February 8th 2007
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Thursday, February 8th 2007 - 20:00 UTC
Caribbean islands tourism: a new form of the plantation system?
The notion of a racial divide in the Caribbean tourism industry is a problem that dare not speak its name. It creates discomfort among many of the expatriate hotel owners and managers, and governments are fearful of dealing with it.
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Thursday, February 8th 2007 - 20:00 UTC
Word and image Falklands Diaries joint project
An ambitious documentary project, The Falklands' Diaries, through word and sound, begins next February 14 when Welsh writer Desmond Barry and photographer Diego Vidart arrive in the Falkland Islands from Cardiff.
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Thursday, February 8th 2007 - 20:00 UTC
Credibility blow to Kirchner's price controls policy
Argentine president Nestor Kirchner tried Thursday to disengage this week's rise in the country's risk rating and drop in sovereign bonds, from the controversy over the ousting of the head of the Statistics and Census Office (INDEC) responsible for calculating inflation.
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Thursday, February 8th 2007 - 20:00 UTC
ECB warns about medium term risks to price stability
The European Central Bank, ECB, decided Thursday to keep its key interest rate on hold at 3.5%, but pointed out that “strong vigilance” remains essential to ensure that “risks to price stability over the medium term do not materialize”.
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Thursday, February 8th 2007 - 20:00 UTC
Bank of England leaves rates unchanged at 5.25%
The Bank of England left interest rates unchanged at 5.25% following a surprise rise last month. In January, the Bank increased rates from 5.0% to 5.25% in an attempt to curb inflation, which had hit an 11-year high of 3% the month before.
