Stories for 2007

Wednesday, February 14th 2007 - 20:00 UTC
Argentine efforts won't rain on Falklands fisheries celebration

Falkland Islands Legislative Council member Dr. Andrea Clausen does not believe that new amendments to Argentine Fisheries Legislation, which will make it illegal for vessels to be licensed in both the Argentine and Falklands/Malvinas zones should be “too detrimental to the private sector in the Islands.”
Wednesday, February 14th 2007 - 20:00 UTC
Botnia keeps to plan and opens disputed pulp mill in 3Q

The controversial Botnia-Orion pulp mill under construction in Uruguay and challenged by Argentina, is “keeping to the timetable” and forecasted to be “officially inaugurated” sometime in the third quarter of this year (July-September), according to reliable sources from the Finnish corporation.
Wednesday, February 14th 2007 - 20:00 UTC
Argentina: Hake landings the lowest in the last four years

From 1 to 31 January, 15,780.7 tonnes of common hake (Merluccius hubbsi) were landed, and is the lowest number registered since 2003, according to the Agriculture, Livestock, Fisheries and Food Secretariat (SAGPyA) statistics. Last year, during the same month, landings of this species totalled 21,281.3 tonnes, while the average output registered in January during the last four years was about 23,000 tonnes.
Wednesday, February 14th 2007 - 20:00 UTC
British, Hungarian bird flu outbreaks linked

Tests on H5N1 bird flu viruses found in Britain and Hungary showed they were genetically almost identical and the most likely transmission route was from poultry to poultry, Britain said yesterday.
Wednesday, February 14th 2007 - 20:00 UTC
Argentine banks switch to Europe

US financial and anti-money laundering regulations have increased the cost of doing business with US banks to such an extent that Latin American businesses are turning to European financial institutions, Argentina's central bank chief said yesterday.
Wednesday, February 14th 2007 - 20:00 UTC
Petrobras profits slump 36% in 4Q

Brazilian state oil company Petrobras said yesterday fourth-quarter profit fell 36 percent, hit by higher production costs that its chief executive said were worrisome.
Wednesday, February 14th 2007 - 20:00 UTC
Fiat and India's Tata to build light trucks in Argentina

Fiat and Tata announced in Milan, Italy the expansion of their strategic co-operation with their first industrial project outside India. Fiat will build a Tata bakkie (with Fiat badges) at its plant in Córdoba, Argentina, under an agreement that followed a feasibility study started in July 2006.
Wednesday, February 14th 2007 - 20:00 UTC
Bank of England hits of new interest rates rise

The Bank of England has hinted that it is likely that interest rates will need to be increased once more to keep inflation in check, although analysts do not expect any rise to be imminent.
The Bank's latest inflation report forecasts that consumer price inflation would continue to exceed the 2% target if rates stayed at 5.25%.
Wednesday, February 14th 2007 - 20:00 UTC
Strong stock markets reactions to Fed's forecasts

Stock markets in New York and most of Latinamerica set new record gains on Wednesday following US Federal Reserve Chairman Ben Bernanke statements that the US economy should grow modestly in 2007 despite a slowdown in housing.
Wednesday, February 14th 2007 - 20:00 UTC
UN hails 40 anniversary of Latam nuclear-weapon-free zone

The historic pact of Latin America and the Caribbean States to maintain a nuclear-weapon-free zone, the first-ever of its kind, has withstood the test of time and should spur greater efforts to rid the world of these arms, United Nations Secretary-General Ban Ki-moon said Wednesday in honoring the 40th anniversary of the landmark agreement.