Stories for 2007

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.
Wednesday, June 27th 2007 - 21:00 UTC
Looking back with the advantage of hindsight

Twenty five years alter the end of the Falklands War Argentine Air Force Comodoro Pablo Carballo still defines himself as a combatant, as opposed to being “a former or ex combatant” of the 1982 war. “Ex-combatant would mean that I no longer fight on” he explains.
Wednesday, June 27th 2007 - 21:00 UTC
Brown replaces Blair as British Prime Minister

Tony Blair has handed over power to Gordon Brown, his finance minister, after more than 10 years as Britain's prime minister.
He formally handed his resignation to Queen Elizabeth II at Buckingham Palace on Wednesday
Wednesday, June 27th 2007 - 21:00 UTC
Falklands/Argentina: entrenched positions and no realistic change

Relations between the Falkland Islands and Argentina with positions so firmly entrenched, “realistically are not going to change”, but Gibraltar and Northern Ireland show us that very intractable situations can make progress, when there's good will on both sides and willingness to put the sovereignty issue aside.
Wednesday, June 27th 2007 - 21:00 UTC
Oil World forecasts fall in global 2007/08 soybean harvest

The global 2007-08 soybean harvest is likely to fall by eight million tons on the season to 227.61 million tons, according to forecasts from Hamburg-based oilseeds analysts Oil World.
This would be below the 2007/08 global forecast consumption of 237.90 million tons, up from an estimated 227.36 million tons in 2006-07.
Wednesday, June 27th 2007 - 21:00 UTC
Borderless EU to absorb nine new countries by December 31

Nine new European Union member nations are on course to join the bloc's borderless travel zone by the end of the year, despite security concerns by some of the older EU members, according to Germany's Interior minister.
Wednesday, June 27th 2007 - 21:00 UTC
New post for outgoing Tony Blair: Middle East envoy

Former Prime Minister Tony Blair is to become a Middle East envoy working on behalf of the “quartet” made up of United States, Russia, United Nations and the European Union.
Wednesday, June 27th 2007 - 21:00 UTC
Kirchner congratulates Brown and calls for Falklands' discussions

In a message to incoming British Prime Minister Gordon Brown, Argentine president Nestor Kirchner renewed his administration's “indeclinable willingness” to resume the delayed Falklands/Malvinas Islands negotiations process
Wednesday, June 27th 2007 - 21:00 UTC
Argentine energy crisis affects 5.000 manufacturing plants

Almost 5.000 manufacturing plants have suffered from the latest electricity and gas restrictions, warned Argentina's Industrial Union, UIA, with blackouts equivalent to 40% of energy demand in a six to eight hours daily band.