Stories for February 2008

Friday, February 22nd 2008 - 21:00 UTC
US Congress partisan delegation praises Cristina Kirchner

A bipartisan delegation of United States Congress members visiting Argentina said on Thursday that closer links between both countries are needed and described the hour and a half meeting with President Cristina Fernandez Kirchner as “excellent”.
Friday, February 22nd 2008 - 21:00 UTC
Euro zone forecast: less growth and higher inflation

Economic growth across the Euro zone will be lower in 2008 than estimated, while inflation will stay high, the European Commission has said. Brussels expects growth of 1.8% this year in the 15-nation Euro zone which is lower than its November estimate of 2.2%, and below the growth rate of 2.7% recorded in 2007.
Friday, February 22nd 2008 - 21:00 UTC
Drastic cuts and layoffs in Chile's salmon industry

The world's leading salmon producing company Marine Harvest described the emergency program to be implemented in Chile's farms, --sacking 25% of personnel--, as “painful”, but the only one that ensures the survival of the company.
Friday, February 22nd 2008 - 21:00 UTC
Bolivian gas test for Argentina/Brazil presidential summit

Argentina may apply pressure on local units of Brazil's government owned Petrobras in a battle to increase its share of Bolivian natural gas supplies and ease potential wintertime shortages, reported on Thursday Buenos Aires daily, Clarin.
Friday, February 22nd 2008 - 21:00 UTC
Falkland Islands: Penguin News Weekly Update

Headlines: Shaun takes up FIGAS job; Concern at Kirchner's planned London visit; Kalista's fighting spirit; Drugs importer jailed for four months; Esvagt Beta sets sail
Friday, February 22nd 2008 - 21:00 UTC
Plane with 46 on board crashes in Venezuela

A commercial airliner with 46 people aboard disappeared in southwestern Venezuela on Thursday, and authorities feared it had crashed after residents reported hearing a thunderous noise in the mountains.
Friday, February 22nd 2008 - 21:00 UTC
Poor beginning for Argentine squid season: 18 jiggers

Only 18 squid jiggers are fishing for squid (Illex argentinus) in Argentine waters south of parallel 44Ã‚Âº, since the season officially opened last February first. The rest of the fleet remains docked, revealed satellite-based information released by the Argentine Deputy Secretary of Fisheries and Aquaculture (SSP&A).
Friday, February 22nd 2008 - 21:00 UTC
Oil price surge is driven by demand growth, argues IMF

The surge in oil prices this week to over 100 US dollars a barrel is part of a trend of higher oil prices driven largely by sustained growth in demand that is likely to have little effect on global growth, according to an International Monetary Fund spokesperson.
Friday, February 22nd 2008 - 21:00 UTC
One Norwegian equals 20 Chileans in salmon industry

Norwegian production of salmon is highly intensive and with massive use of technology together with a quick response logistics web makes it the leading country in the industry world wide.
Friday, February 22nd 2008 - 21:00 UTC
Brazil's proven oil reserves in the range of 12.6 billion barrels

Brazil at the end of 2007 had 12.623 billion barrels in proven oil reserves, the National Petroleum Agency, ANP, said on its Web site this week. Brazil also had 364.99 billion cubic meters of natural gas reserves.