Stories for February 23rd 2009

Monday, February 23rd 2009 - 20:00 UTC
Message to Beijing: keep investing in US Treasury bonds

United States Secretary of State Hillary Clinton offered a quiet nod to human rights but there was no mistaking her key message to Beijing at the end of her week-long in Asia: both countries will “rise and fall” together in this financial crisis.
Monday, February 23rd 2009 - 20:00 UTC
Scathing attack on banking practice from Soros and Volcker

Investor George Soros and President Barack Obama advisor, Paul Volcker described the current global meltdown as more severe than when the great Depression with the financial system effectively disintegrated and with the experts “not quite knowing what's going on”.
Monday, February 23rd 2009 - 20:00 UTC
European leaders agree to regulate all financial markets

European leaders in Berlin have agreed on the need to regulate all financial markets including hedge funds and underlined that a global solution was needed to the current financial crisis.
Monday, February 23rd 2009 - 20:00 UTC
Canadian Coast Guard rescues crew from sunken Spanish trawler

A Canadian Coast Guard vessel rescued on Sunday 22 fishermen from the frigid waters off Newfoundland on Sunday after the Spanish trawler Monte Galineiro caught fire and later sank.
Monday, February 23rd 2009 - 20:00 UTC
Falklands' war veteran sheds light on South Georgia battle

One of the British Royal Marines at South Georgia and who was taken prisoner when the invasion of Argentine forces in 1982 has returned to visit the island with his wife Nina and told his story to the South Georgia News & Events.
Monday, February 23rd 2009 - 20:00 UTC
Contacts to recover gold loaded sunken vessel off Patagonia

The Chilean company Nautilus Sermares has been contacted by the owners of the converted cargo trawler “Polar Mist” to try and recover 16 million US dollars in gold and silver which were lost when she went down off the Patagonian coast, according to the latest reports in Argentina and Chile.
Monday, February 23rd 2009 - 20:00 UTC
South Georgia: 18 cruise vessels and 2.308 pax in January

Eighteen cruise vessels, with a total 2308 passengers visited South Georgia Island during the month of January reports the South Georgia News & Events.
Monday, February 23rd 2009 - 20:00 UTC
Argentina plans to boost its Antarctic operations

Argentina is expected to announce Monday a boost in resources and staff to its presence in Antarctica, according to reports in the Buenos Aires press. The event coincides with the 105th anniversary of Argentina's first landing in Antarctica and which in the local calendar is identified at the Argentina Antarctica Day.
Monday, February 23rd 2009 - 20:00 UTC
Hollywood: Slumdog Millionaire' Wins Eight Oscars

British film Slumdog Millionaire, the widely acclaimed film set in the slums of Mumbai, has received eight awards at this year's Oscars - including best picture and best director.