Stories for February 2009

Wednesday, February 11th 2009 - 20:00 UTC
China Latinamerica drive signs accords with Argentina

Chinese Vice-Premier Hui Liangvu, currently visiting Argentina signed accords to boost cooperation in agriculture, mining and bilateral trade though Argentina's Banco de la Nacion and the China Development Bank.
Wednesday, February 11th 2009 - 20:00 UTC
Geithner unveils 1.5 trillion bail-out plan and toxic fund

Treasury Secretary Timothy Geithner has unveiled a comprehensive bank bail-out plan worth at least 1.5 trillion US dollars. Under the plan, the size of a key Federal Reserve lending program will be expanded to 1 trillion from 200 billion.
Wednesday, February 11th 2009 - 20:00 UTC
Argentina and Spain admit difficult economic relations

Visiting Argentine president Cristina Fernández de Kirchner and Spanish president Jose Luis Rodriguez Zapatero, admitted on Tuesday difficulties in the economic relations but emphasized that bilateral relations are excellent.
Wednesday, February 11th 2009 - 20:00 UTC
Guess who's “Botox Queen” and the “Pampas magpie”?

Even when Argentine president Cristina Fernandez de Kirchner's two day visit to Spain can be rated better than expected, the media had a completely different opinion of whom they labelled “botox queen” and the “Pampas magpie”.
Wednesday, February 11th 2009 - 20:00 UTC
Spanish companies confirm investments in Argentina

Two of Spain's strongest corporations reaffirmed their decision to re-invest heavily in Argentina in spite of the “difficult and complicated” situation created by the re-nationalization of Argentina's air flag carrier with no compensation for its Spanish owners.
Wednesday, February 11th 2009 - 20:00 UTC
Falklands tourism record: 4.053 visitors in one day

A new record was set for Falkland Islands tourism last week, with 4,053 visitors arriving on board cruise ships on Friday February 6, confirmed Jake Downing, General Manager of the Falkland Islands Tourist Board (FITB).
Wednesday, February 11th 2009 - 20:00 UTC
As exports contract China's imports plunge 43% in Jan

China's exports fell more than expected in January, down 17.5% from a year earlier, while imports plunged 43.1%, , as China's economy continued to be hit by the global economic slowdown.
Wednesday, February 11th 2009 - 20:00 UTC
HBOS “too-rapid growth” investigation in the limelight

The former head of risk at Britain's HBOS, who claimed he was sacked for warning about the bank's too-rapid growth, has said he stands “firmly and confidently” behind his allegations.
Wednesday, February 11th 2009 - 20:00 UTC
UK unemployment surges to new ten year high

United Kingdom jobcentres were said to be “creaking” under the pressure of work as new figures showed unemployment surging to a 10-year high. The jobless total reached 1.97 million, confounding many experts who had predicted it would break through the two million barrier.
Wednesday, February 11th 2009 - 20:00 UTC
HMS Endurance in Portsmouth by end of March, say rescuers

Logistics experts from Netherlands Dockwise's subsidiary Dockwise Shipping in Bermudas are working closely with the UK Ministry of Defence (MoD) to recover the Royal Navy ice patrol vessel HMS Endurance currently anchored in the Falkland Islands.