Stories for February 25th 2009

Wednesday, February 25th 2009 - 23:00 UTC
Gibraltar “nothing to fear” from tougher EU controls

As European Union leaders met over the weekend in Berlin ahead of the G20 summit in April, Gibraltar Chief Minister Peter Caruana has welcomed the call for a tightening of regulatory standards, transparency and co-operation of financial markets on a global basis.
Wednesday, February 25th 2009 - 23:00 UTC
Prince Charles and Camila expected in Chile in early March

The Prince of Wales and the Duchess of Cornwall will be visiting Chile from Sunday 8 March to Wednesday 11 March 2009. According to a release from the British Embassy in Santiago Charles and Camila are scheduled to have an audience with Chilean president Michelle Bachelet Monday morning, March 9th.
Wednesday, February 25th 2009 - 23:00 UTC
Success of Polar Year confirms worst climate change fears

Scientists and policymakers marked the official end of the International Polar Year (IPY) Wednesday at the World Meteorological Organization in Geneva. The 60-country, 1.2 billion US dollars effort has seen knowledge about the poles - and their influence on the rest of the planet - increase hugely.
Wednesday, February 25th 2009 - 20:00 UTC
Holocaust row bishop Williamson leaves Argentina

A British Catholic bishop embroiled in a row over Holocaust denial has flown out of Argentina days after being told to leave the country.
Wednesday, February 25th 2009 - 20:00 UTC
Chile's oil company ENAP reports net loss of a billion USD

Chile's government owned oil and gas corporation, ENAP reported a net loss of 958 million US dollars in 2008 after the company's refinery unit lost money on purchasing imported crude oil.
Wednesday, February 25th 2009 - 20:00 UTC
US/Japan agree to stimulate demand and defend the dollar

President Barack Obama and Japanese Prime Minister Taro Aso have agreed to work together to stimulate economic demand and fight protectionism. At a meeting in Washington they also pledged to co-operate in diplomatic efforts over North Korea, a White House statement said. Mr Aso was the first foreign leader to be received by the US president.
Wednesday, February 25th 2009 - 20:00 UTC
Merril Lynch losses trigger executive bonuses investigation

Merrill Lynch & Co lost 15.84 billion US dollars in the fourth quarter, a regulatory filing showed, more than 500 million higher than the loss previously estimated by Bank of America Corp.
Wednesday, February 25th 2009 - 20:00 UTC
UK Jan car production plummets 58.7% over a year ago

United Kingdom car production for January fell 58.7% against the same month the previous year, latest figures show. A total of 61,404 cars were manufactured in January 2009, the Society of Motor Manufacturers and Traders said.
Wednesday, February 25th 2009 - 20:00 UTC
Peruvian president García in an opinion poll upturn

The promotion of private investment and an improved image of Peru abroad boosted President Alan Garcia's approval rating to 32% this month, pollster Ipsos-Apoyo said in a national survey published Sunday in the newspaper El Comercio.
Wednesday, February 25th 2009 - 20:00 UTC
Argentina's industrial output falls; first time since 2002

Argentina's January industrial production fell 4.4% from a year ago, the first decline since October 2002, and 6.1% from a month earlier, in seasonally adjusted terms said the government this week.