Stories for July 2008

Thursday, July 31st 2008 - 21:00 UTC
Aerolineas and Austral rated among worst air carriers

Aerolíneas Argentinas and Austral have been rated among the worst air carriers out of a total of 90 in five continents according to the Argentine Tourism Law Association, Aadetur, which ranks them 81 and 82.
Thursday, July 31st 2008 - 21:00 UTC
Bush signs law to help homeowners and battered market

United States President George W. Bush signed Wednesday into law a bill designed to help struggling homeowners and prop up the battered US housing market. The new law creates a 300 billion US dollars rescue fund to help thousands of homeowners get cheaper loans.
Thursday, July 31st 2008 - 21:00 UTC
Memorial service at wreck of River Plate Battle HMS Exeter

HMS Kent, one of the Royal Navy's most modern warships, looked back at history as she remembered one of her illustrious World War II predecessors last Sunday. The Portsmouth based frigate, currently undertaking tasking in the Far East, laid wreaths over the recently found wreck of cruiser HMS Exeter during a ceremony attended by the British Ambassador to Indonesia, veterans and descendants of the sinking and the diver who discovered the wreck.
Thursday, July 31st 2008 - 21:00 UTC
Governor declares New York economy officially in recession

New York governor David Paterson admitted the state economy was in recession and announced spending cuts to face a steep budget deficit due to declining tax revenues. Paterson said that he would ask the legislature to approve another 600 million US dollars cut in an emergency session.
Thursday, July 31st 2008 - 21:00 UTC
Argentine building industry declining tendency accelerates

Argentine construction activity fell the most in more than four years last month as faster inflation and a farmers strike threatened to undermine a five year running expansion of the economy.
Thursday, July 31st 2008 - 21:00 UTC
Falkland Islands: Appointment of FIDC General Manager

David Waugh has been appointed as the new permanent General Manager of the Falkland Islands Development Corporation.
Thursday, July 31st 2008 - 21:00 UTC
Penguins wash up closer to equator in Bahia State, Brazil

Penguins from frigid waters near the bottom of the world are washing up closer to the equator than ever before, Brazilian wildlife authorities said Wednesday.
Wednesday, July 30th 2008 - 21:00 UTC
Chile-Australia sign comprehensive free trade agreement

Chilean Foreign Minister Alejandro Foxley is currently in Australia today and on Wednesday will be signing in Canberra a Free Trade Agreement, plus another battery of accords with Australian authorities.
Wednesday, July 30th 2008 - 21:00 UTC
Oil exploration in Magallanes Region begins next month

Several international oil companies awarded exploration blocks in Chile's extreme southern Magallanes region should begin oil and gas exploration in August, the government said on Tuesday.
Wednesday, July 30th 2008 - 21:00 UTC
Ecuador insists on deal to slash import tariffs on bananas

Ecuador, the world's top banana exporter, said it will insist that the European Union stick to a deal to slash import tariffs on bananas despite the collapse of world trade talks on Tuesday in Geneva.