Stories for 2008

Tuesday, January 29th 2008 - 20:00 UTC
Speculation over Fed rate cuts spurs Wall Street and Latam

Shares in Wall Street gained ground at last moment trading on expectations of further interest rates cuts this week when the Federal Reserve meets on Wednesday to consider steps to help prop the US economy.
Tuesday, January 29th 2008 - 20:00 UTC
Brazilian corporation targeting major global acquisition

Xstrata Plc, the world's fourth- largest copper producer, rose to a three-week high in London trading after newspaper reports that Brazil's Cia. Vale do Rio Doce may agree to buy the company within the next few days.
Tuesday, January 29th 2008 - 20:00 UTC
Argentine oil regions also interested in a share of YPF

The Spanish oil corporation Repsol SA could sell a 5 to 10% of its Argentine unit YPF to four local provinces, Madrid's El Mundo reported, citing unnamed sources close to negotiations between Repsol chairman Antoni Brufau and governor of the Chubut province Mario Das Neves.
Tuesday, January 29th 2008 - 20:00 UTC
Japan's Coast Guard protection for south sea whaling fleet

Japan's coast guard said Tuesday it has sent a team of officers to protect its whaling fleet against intensifying protests by environmentalists. The whalers have repeatedly clashed with environmentalists in Antarctic waters and halted the hunt two weeks ago.
Tuesday, January 29th 2008 - 20:00 UTC
Record visitors to Torres del Paine park in south Chile

Visitors to Chile's world famous Torres del Paine national park in Patagonia reached a new record in 2007 and in the current summer season an average of over a thousand tourists cross the park's checkpoints daily.
Tuesday, January 29th 2008 - 20:00 UTC
Petrobras ranked sixth among leading oil corporations

Brazil's government oil managed corporation Petrobras finished 2007 in sixth place of PFC Energy 50's ranking, which lists the world's largest oil companies based on their market values.
Tuesday, January 29th 2008 - 20:00 UTC
Group of British politicians to visit Falklands next month

Four members of the British Parliament are to visit the Falkland Islands in February within their role as Commonwealth Parliamentary United Kingdom (CPA UK) Branch Members.
Tuesday, January 29th 2008 - 20:00 UTC
“Good” global tourism outlook after a record 2007

Global tourism soared to a record performance in 2007, led by emerging markets, and the outlook remains good despite financial crises and high oil prices, the UN World Tourism Organisation said Tuesday in Madrid.
Tuesday, January 29th 2008 - 20:00 UTC
IMF: significant global slowdown but no recession

Stormed by recent financial market turbulence and a weakening U.S. performance, world growth is projected to slow to 4.1% in 2008, down from an estimated 4.9% last year, the IMF said in its quarterly update for the global economy.
Tuesday, January 29th 2008 - 20:00 UTC
Unemployment in Santiago is up, first time since 2005

Unemployment in Chile's capital Santiago reached 8.9% in December 2007, according to a report compiled by the Department of Economy at the University of Chile.