Stories for April 2007

Tuesday, April 17th 2007 - 21:00 UTC
Argentine economy booming but in full production capacity

Argentina's economic activity in February expanded 7.9% over the same month a year ago, and 0.6% over January 2007, according to the latest release from the National Statistics and Census Office, Indec.
Tuesday, April 17th 2007 - 21:00 UTC
US: Fuel cost pushes retail prices but core inflation decreasing

A jump in fuel prices pushed the United States March retail prices index to its highest in twelve months, 0.6%. However the good news is that core inflation which excludes energy and food costs rose by 0.1%, down from 0.2% in February and 0.3% in January.
Tuesday, April 17th 2007 - 21:00 UTC
Brazil and Venezuela reach consensus in energy summit

South American leaders meeting in Venezuela for the first regional energy summit agreed on Tuesday a declaration that includes traditional and alternative fuels, such as ethanol, plus the creation of the South American Energy Council to follow up hemispheric energy related agreements.
Monday, April 16th 2007 - 21:00 UTC
Falklands' war: Argentine officers face charges from veterans

More than twenty Malvinas war veterans from the Argentine northern province of Corrientes with the support from the local Human Rights Office have gone to court claiming human rights abuses and even killings by their own officers during the armed 1982 conflict between Argentina and Great Britain.
Monday, April 16th 2007 - 21:00 UTC
British pound ready to break the 2 US dollars benchmark

The British pound hit a 14-year high of 1.9938 against the dollar, with many experts believing it will break through the 2 dollars benchmark in the next few days.
Monday, April 16th 2007 - 21:00 UTC
NYT calls for the resignation of World Bank president

The New York Times has called for the dismissal of World Bank President Paul Wolfowitz who is entangled in a scandal over securing a huge pay raise awarded to a close female friend.
Monday, April 16th 2007 - 21:00 UTC
“Almirante Irizar” waiting to be towed to Puerto Belgrano

Argentine icebreaker “Almirante Irizar” which caught fire last Tuesday in the South Atlantic remained on Monday anchored 140 miles off Puerto Madryn waiting for an improvement in weather conditions so she can be towed to Puerto Belgrano.
Monday, April 16th 2007 - 21:00 UTC
Impact assessment needed for high seas area

The Falkland Islands Fisheries Department has been preparing its case for the continued allowance of controlled trawling on the high seas.
Sunday, April 15th 2007 - 21:00 UTC
Chavez apologizes; Bachelet to meet Venezuelan opposition

Venezuelan president Hugo Chavez apologized on Sunday to Chilean leader Michelle Bachelet following his harsh criticism of the Chilean Senate, “bunch of fascists” for having sponsored a statement against the “arbitrary” closure of a Venezuelan opposition broadcasting and television station.
Sunday, April 15th 2007 - 21:00 UTC
Ecuador: Landslide victory for Correa and new political model

Ecuadorian President Rafael Correa achieved a solid political victory following the landslide support in Sunday's referendum to call a constitutional assembly with full powers to review the chart and set the foundations for a “new model” of country.