Stories for October 2007

Tuesday, October 2nd 2007 - 21:00 UTC
Desire Petroleum optimistc about oil rig availability

Speaking to local shareholders in Desire Petroleum plc at a meeting in Stanley on Monday evening, Chairman Dr Colin Phipps said that he was more optimistic than he had been for a long time about the company's prospects of finding oil in commercial quantities in the North Falkland Basin.
Tuesday, October 2nd 2007 - 21:00 UTC
South America: highest robbery rates

Fear of crime is driving investment away from cities in developing countries, where over half of all urban residents have been victims in the last five years, a United Nations report warned yesterday.
Tuesday, October 2nd 2007 - 21:00 UTC
Easter Island expects summer tourism spike

Tourism is booming on Isla de Pascua (Easter Island). With the height of the summer tourist season still three months away, flights and hotel rooms in “The World's Navel” are already becoming a scarce commodity.
Tuesday, October 2nd 2007 - 21:00 UTC
FOGL farm-out agreement with giant BHP Billiton

Falkland Oil and Gas Limited (“FOGL”) is pleased to announce that it has entered into a farm-out agreement with a subsidiary of BHP Billiton, the world's largest diversified resources company, over FOGL's 2002 and 2004 licences to the South and East of the Falkland Islands.
Tuesday, October 2nd 2007 - 21:00 UTC
Plans to recycle veteran warship of the Falklands conflict

The former Royal Navy amphibious assault ship Fearless, which was a key part of the Falklands fleet, is expected to be recycled at a Belgian shipyard, the Ministry of Defence announced today.
Tuesday, October 2nd 2007 - 21:00 UTC
Magallanes and Punta Arenas with lowest unemployment

Magallanes Region in the extreme south of Chile again recorded the lowest unemployment rate in the country during the June-August quarter, according to the latest release from the country's Statistics Office.
Tuesday, October 2nd 2007 - 21:00 UTC
South Atlantic trawler on fire; all crew members rescued

Twenty four of the twenty seven crew members of a Spanish trawler that caught fire early Sunday morning in the South Atlantic will be arriving in Montevideo, Uruguay in the coming hours after having been rescued by another Spanish vessel.
Monday, October 1st 2007 - 21:00 UTC
Inflationary debate rages in Argentina; food CPI ranges 15%

Prices in Buenos Aires supermarkets and groceries jumped 1.6% in August totaling 14.1% in the first eight months of the year according to reports from the controversial Argentine Statistics and Census Office, Indec.
Monday, October 1st 2007 - 21:00 UTC
Multilateralism, only way to tackle global concerns says UN

Whether it is resolving conflicts, protecting human rights, achieving development goals or safeguarding the environment, the only viable way to effectively tackle today's complex global challenges is through multilateral cooperation, underlined United Nations Secretary-General Ban Ki-moon
Monday, October 1st 2007 - 21:00 UTC
China becoming world leader in wool processing

During the first seven months of this year China purchased 202.000 tons of wool, equivalent to 1.13 billion US dollars, up 61% over the same period a year ago according to the Uruguayan Wool Secretariat.