Stories for 2008

Sunday, January 27th 2008 - 20:00 UTC
IMF suggests more regulation to address financial imbalances

International Monetary Fund Director General Dominique Strauss-Kahn called for a serious “response” to the risk of a United States recession and encouraged fiscal stimulus programs in some countries warning that monetary policy “is not enough”. He also supported more multilateral regulation.
Friday, January 25th 2008 - 20:00 UTC
Falkland Islands: Weekly Penguin News update

Headlines: Bad weather = £184k loss; An end to Tamar's delay?; Dockyard project moves on; Dorada's future unclear; Mini Sports this weekend.
Thursday, January 24th 2008 - 20:00 UTC
Petrobras discovers second offshore huge gas reservoir

Brazil's government managed oil company Petrobras announced this week the discovery of a huge second natural gas field 290 kilometeres off the coast of Rio do Janeiro and 40 kilometeres north of the Tupi field which is thought to be one of the largest discovered in the past twenty years.
Thursday, January 24th 2008 - 20:00 UTC
Uribe with 80% popularity fights for US Congress support

Colombian president Alvaro Uribe has an 80% support, the highest since taking office back in 2002, according to the latest public opinion polls released this week. The previous poll in November showed Uribe with a 74% support and 14% negative response.
Thursday, January 24th 2008 - 20:00 UTC
Global unemployment set to increase this year syas ILO

Economic turbulence largely due to credit market turmoil and rising oil prices could spur an increase in global unemployment by an estimated 5 million persons in 2008, the International Labour Office (ILO) said Thursday in its annual Global Employment Trends report (GET).
Friday, January 18th 2008 - 20:00 UTC
Argentina's primary surplus in 2007 “about 3.2% of GDP”

Argentina reported a monthly primary budget deficit for the first time in three years pushed by higher social security spending and subsidized loans for small businesses.
Friday, January 18th 2008 - 20:00 UTC
Falkland Islands: Weekly Penguin News Update

Headlines; Surf's up!; Tamar FI breakdown: meat export concerns; New boss at FIGAS has Islands link; FGML closes Falklands operation; ASSI team to assess under-threat airstrips.
Thursday, January 17th 2008 - 20:00 UTC
British Airways daily non stop flights London Buenos Aires

British Airways has announced plans to significantly increase services to South America with a daily direct flight to Buenos Aires and starting next winter non-stop flights to Rio de Janeiro.
Thursday, January 17th 2008 - 20:00 UTC
South America's soy and sunflower crops below expectations

World soybean supplies are smaller than expected and high exports are cutting stocks in key producing countries, Hamburg-based oilseeds analysts Oil World said.
Thursday, January 17th 2008 - 20:00 UTC
Argentina awards contract for Latam's first high speed train

Argentina's president Cristina Fernandez de Kirchner officially announced Wednesday that the French group Alstom and its partners IECSA, Emepa, Isolux Corsan have been awarded the first very high-speed train link project in Latin America.