Stories for January 16th 2009

Friday, January 16th 2009 - 20:00 UTC
New York plane crash: 'Miracle on the Hudson'

A US Airways aircraft has crashed into the Hudson River in New York after a flock of birds apparently disabled both its engines. More than 150 passengers and crew members were rescued before the plane sank into freezing waters.
Friday, January 16th 2009 - 20:00 UTC
Falkland Islands: Weekly Penguin News Update

Headlines: Vendée Globe competitors pass by on last long leg of the race; Founder of Desire Petroleum loses fight with illness; Moto-X to make a comeback.
Friday, January 16th 2009 - 20:00 UTC
Falklands readies opening of veteran's Liberty Lodge

THE Falkland Islands community is pulling together to keep on schedule the opening of a lodge for visiting British '82 war veterans.
Friday, January 16th 2009 - 20:00 UTC
World oil demand forecasted to continue contracting

While oil prices ended this week's trading in the range of 35 US dollars the barrel, the International Energy Agency (IEA) has cut its estimates on world oil demand and for the first time since 1982-1983, expects two consecutive years of contracting demand for crude oil.
Friday, January 16th 2009 - 20:00 UTC
Third year running LAN, best airline in C. and South America

For the third year in a row the prestigious magazine Global Traveller awarded LAN Chile as the 'Best Airline in Central and South America.' The magazine surveyed more than 31,000 readers of the publication to select the best in class for luxury and business travel throughout 2008. This distinction is the direct result of the feedback received in the survey.
Friday, January 16th 2009 - 20:00 UTC
Bush makes effective Peru-US free trade agreement

United States and Peru began on Friday the implementation of a free trade agreement just days before US president George W Bush leaves office and despite concerns about labour and environmental aspects of the accord.
Friday, January 16th 2009 - 20:00 UTC
Citigroup to split and more fresh aid for Bank of America

The struggling US banking giant Citigroup has announced plans to split the firm in two, as it reported a quarterly loss of 8.29 billion US dollars. It said it would realign into two new firms, Citicorp and Citi Holdings.
Friday, January 16th 2009 - 20:00 UTC
Bolivia prepares for observers-packed referendum

The Organization of American States, OAS, will send 65 observers from 16 different countries to the constitutional reform referendum programmed for January 25th in Bolivia, reported the head of the OAS mission Raul Lago.
Friday, January 16th 2009 - 20:00 UTC
Spain admits 2009 recession deepest in half a century

Spain faces its deepest recession in half a century admitted Finance Minister Pedro Solbes anticipating the economy will contract 1.6% this year. In July, the minister had predicted a 1% expansion.