Stories for March 12th 2008

Wednesday, March 12th 2008 - 21:00 UTC
Central banks try again to roof-patch housing-credit crunch

The world's largest central banks have launched their latest coordinated action to calm jittery credit markets. The US Federal Reserve, the European Central Bank and central banks in the UK, Canada and Switzerland will inject billions of dollars into money markets.
Wednesday, March 12th 2008 - 21:00 UTC
Ecuador's Correa Support to Chile in Peru Border Dispute

Ecuador's President Rafael Correa wished Chile well in its maritime-border dispute with Peru that both countries have agreed will be resolved by an international court.
Wednesday, March 12th 2008 - 21:00 UTC
Chile revamps famed pension system

Some 600,000 poor Chileans will receive monthly pensions starting in July under a law signed Tuesday by President Michelle Bachelet that plugs gaps in Chile's widely copied private pension system
Wednesday, March 12th 2008 - 21:00 UTC
UK battered again as storms return

Areas of Britain that escaped the worst of the storms earlier this week woke up to a battering on Wednesday.
Wednesday, March 12th 2008 - 21:00 UTC
Argentina: grain and oilseeds export levies become permanent

Argentina hiked export taxes on soy and sunflower seed products by between seven and nine percentage points and decreased levies on corn and wheat exports by one point to expand supplies of key food staples in the domestic market.
Wednesday, March 12th 2008 - 21:00 UTC
Argentina insists Malvinas next of kin fly to the Falklands

Argentina promised on Tuesday to insist before the United Kingdom so that the (1982) Malvinas conflict families can travel to the Falklands by air for the opening of the Argentine monument at the Darwin cemetery.
Wednesday, March 12th 2008 - 21:00 UTC
New constitution makes Gibraltar/UK relation not colonial

Gibraltar Chief Minister Peter Caruana told the UK House of Commons Foreign Affairs Committee that he believes that the New Constitution provides for a relationship between Gibraltar and the United Kingdom which is not colonial in nature.
Wednesday, March 12th 2008 - 21:00 UTC
Brazil is Chile's main direct foreign investment target

Santiago daily La Tercera reported that Brazil has become the top destination for Chilean foreign direct investment in 2007: more than 44% of the Chile's foreign direct investment, 427 million US dollars, was directed towards South America's largest economy.
Wednesday, March 12th 2008 - 21:00 UTC
Argentina camp fury: no grain or beef trading for 48 hours

Argentina's four main farmers' organizations have called for two days of non activity with no trading of agricultural products to protest the latest increase in cereals and oilseeds export levies. This means urban Argentina on Thursday and Friday will be exposed to limited supplies of beef and other produce.
Wednesday, March 12th 2008 - 21:00 UTC
Yellow fever: first possible death reported in Argentina

A logger is suspected to be the first fatal case of yellow fever in Argentina since the 2007 outbreak in neighboring Paraguay. The man, 39, together with a crew was logging in the northern province of Misiones and according to local sanitary officials had all the symptoms of the mosquito transmitted viral disease.