Stories for June 11th 2008

Wednesday, June 11th 2008 - 21:00 UTC
US exports up but not enough to pay April's oil bill

Despite healthy exports the rising cost of importing foreign oil caused the US trade deficit to widen 7.8% in April to 60.9 billion US dollars, the largest for 13 months.
Wednesday, June 11th 2008 - 21:00 UTC
London world's leading financial centre; Santiago in Latam

London has been named the most influential financial centre in the world for the second consecutive year in spite of competition from fast rising hubs in Asia, according to MasterCard's second annual survey.
Wednesday, June 11th 2008 - 21:00 UTC
Explorer's successor, M/S Expedition in Falklands next January

Canada's GAP Adventures is set to re-launch its polar expedition programme following the purchase of a replacement for the sunken Explorer ship, according to a company release.
Wednesday, June 11th 2008 - 21:00 UTC
Supreme Court to rule on Argentine farmers' conflict controversy

Argentina's Supreme Court accepted competence on the sliding export taxes on grains and oilseeds question, which triggered the farmers' conflict, and will consider a demand presented by an Argentine province which argues they “undermine federal taxes co-participation”, according to Justice sources quoted in Buenos Aires La Nacion.
Wednesday, June 11th 2008 - 21:00 UTC
Obama announces windfall profits tax on oil corporations

Democratic presidential candidate Barack Obama sought to tap into US citizens' anxiety over high gasoline prices yesterday by pledging to seek a windfall profits tax on US oil companies if elected.
Wednesday, June 11th 2008 - 21:00 UTC
Transport strikes behind looming fresh fish shortage

Madrid's central market 'Mercamadrid' reported 89 per cent fewer trucks arriving with fresh fish shipments on Tuesday. Usually 90 vehicles enter and supply the market but on Tuesday only 10 entered, market authorities announced.
Wednesday, June 11th 2008 - 21:00 UTC
Falkland Islands “flourishing” upbeat assessment in London

The Falkland Islands' economy is flourishing and its future promises even greater potential. This was the encouraging assessment given by Falklands Councillor Mike Summers at the Falklands Government annual reception in London marking the anniversary of liberation from the 1982 Argentine invasions and restoration of democracy.
Wednesday, June 11th 2008 - 21:00 UTC
Uruguayan economy expanded 10.9% in the first quarter

Boosted by strong exports of agricultural commodities and domestic demand for communications services the Uruguayan economy expanded 10.9% in the first quarter of this year, compared to the same period a year ago.
Wednesday, June 11th 2008 - 21:00 UTC
Argentine consumers' expectations decline to lowest since 2003

Public opinion perception and expectations about the Argentine economy are currently going through the most serious declination since the Kirchner couple first reached government in 2003.
Wednesday, June 11th 2008 - 21:00 UTC
New Falklands draft constitution announces Summers

FULL agreement has been reached between the Falklands Legislative Council and the British Foreign and Commonwealth Office on the content of the new Falklands draft Constitution, announced Councillor Mike Summers in London this week.