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Stories for June 28th 2007

• Thursday, June 28th 2007 - 21:00 UTC

  Energy crisis affects fishery industry

  

  Electric energy cuts required by the national government affected operation levels for most of the country's fishery companies.

• Thursday, June 28th 2007 - 21:00 UTC

  Rato to step down as IMF chief

  

  International Monetary Fund managing director Rodrigo de Rato will step down in October, he said Thursday, some six weeks after upheaval at the helm of the sister institution, the World Bank.

• Thursday, June 28th 2007 - 21:00 UTC

  Brown unveils huge Cabinet revamp

  

  Prime Minister Gordon Brown's new Cabinet has met for the first time in 10 Downing Street.

• Thursday, June 28th 2007 - 21:00 UTC

  Falklands Government exhibiting at July Royal Show in Stoneleigh

  

  The Falkland Islands Government will be exhibiting at the Royal Show at Stoneleigh Park in Warwickshire from 1 — 4 July. In the 25th anniversary of the South Atlantic conflict visitors to the show will be able to find out how the Falklands has developed since 1982 into a dynamic UK Overseas Territory which is diversifying its rural economy to achieve sustainable development.

• Thursday, June 28th 2007 - 21:00 UTC

  Brazilian Congress expects apology from President Chavez

  

  Venezuela may need to apologize to Brazil's Congress if it wants to join Mercosur cautioned Brazil's Foreign Affairs minister Celso Amorim in an interview published Thursday in the capital Brasilia.

• Thursday, June 28th 2007 - 21:00 UTC

  Fed leaves rates at 5.25%; inflation risk predominant concern

  

  Fearing inflation “will fail to moderate as expected”, the United States Federal Reserve, following two days meeting, left its main interest rate unchanged, for the eighth time running at 5.25

• Thursday, June 28th 2007 - 21:00 UTC

  Mercosur summit amidst criticisms from junior members

  

  Mercosur Foreign Affairs and Finance ministers met Thursday in Paraguay ahead of the presidential summit scheduled for Friday when the trade block's six months rotating presidency will pass from Paraguay to Uruguay.