MercoPress. South Atlantic News Agency
Stories for June 6th 2008
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Friday, June 6th 2008 - 21:00 UTC
Falkland Islands: Weekly Penguin News update
Headlines: Leiv sails single-handed from Spain; Options were limited for disposal of Ocean 8; Fishing industry 'penalised' by FIG; Dong Bang burns in FOCZ north.
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Friday, June 6th 2008 - 21:00 UTC
Argentine president denies shopping spree in Rome
The Argentine government “emphatically” denied a publication in the Italian daily Corriere Della Sera, which with “manifest malice” reported about some alleged extravagant shopping of President Cristina Fernandez de Kirchner during her recent visit to Rome for the summit on hunger emergency.
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Friday, June 6th 2008 - 21:00 UTC
US unemployment rate picks up speed: 5.5% in May
The United States unemployment rate rose at its fastest pace in more than two decades in May, stoking fears of recession in the world's biggest economy. The surprise jump in May's jobless rate to 5.5% from 5% is the most recent signal yet that US growth is stalling.
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Friday, June 6th 2008 - 21:00 UTC
“Many airlines will not survive” oil crisis warns IATA
The leaders of the world's airlines unanimously agreed to a resolution calling for governments, airports and labour to take immediate action to help the industry survive the growing financial crisis.
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Friday, June 6th 2008 - 21:00 UTC
Embraer sells Super Tucano to US defense service company
Brazilian aircraft manufacturer Embraer confirmed on Friday it had sold a propeller-driven fighter plane to a unit of Blackwater Worldwide, the world's largest private defense services company, and said it would not be used for operations in Iraq.
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Friday, June 6th 2008 - 21:00 UTC
Argentina's growth rate lowered to 5,5% and 2% in 08 and 09
London based Barclays Capital lowered its 2008 and 2009 growth forecast for Argentina following on increasing concerns about accelerating inflation, striking farmers blocking exports and slowing investment.
