Stories for March 2009

Saturday, March 7th 2009 - 15:04 UTC
Chilean caught in Spain with broken leg cast made of cocaine

Spanish police arrested a man arriving at Barcelona's airport from Chile on a wheelchair after determining that the cast on his fractured left leg was made of cocaine, the Interior Ministry said in a statement Friday.
Saturday, March 7th 2009 - 15:03 UTC
Lloyds Banking Group full nationalization closer

Britain’s Lloyds Banking Group is close to a deal with the government for a £258bn asset insurance scheme, according to BBC sources. The agreement could increase the taxpayer's share in the bank from its current level of 43% to as much as 70%, according to reports.
Saturday, March 7th 2009 - 09:58 UTC
Lula da Silva wants Obama to become “partner” of Latinamerica

Brazilian president Lula da Silva said Friday that during his coming meeting with his US counterpart on Saturday March 14 he would ask President Obama to adopt a more “development minded” attitude towards Latinamerica.
Saturday, March 7th 2009 - 09:52 UTC
Brazil begins commercial extraction of oil at 6.000 metres

Brazil's energy managed corporation Petrobras will extract its first crude oil from the potentially huge offshore Tupi field find, of late 2007, below the salt layer of the Santos basin next May, announced President Lula da Silva.
Saturday, March 7th 2009 - 09:49 UTC
Brazil denies trade reprisals against Argentina

Brazil denied it was thinking on reprisals against Argentina because of the restrictive measures imposed to the access of Brazilian goods and also rejected it had threatened to take the case to the World Trade Organization.
Saturday, March 7th 2009 - 07:27 UTC
Argentine/Chilean congressmen condemn UK’s Antarctic expansion claims

Congress members from Argentina and Chile signed a statement supporting the full enforcement of the Antarctic Treaty and reiterated their common position against the United Kingdom’s announced intention of extending claims over the continental shelf.
Saturday, March 7th 2009 - 07:17 UTC
Job losses in US “atrocious”; 12.5 million out of work

The United States jobless rate jumped in February to 8.1%, according to official figures from the Labour Department. The number of people out of work rose by 651,000 during the month. Both figures were bigger than expected.
Saturday, March 7th 2009 - 07:12 UTC
Buenos Aires construction industry optimistic about mid term recovery

Following five years of strong growth the construction industry in the Argentine capital Buenos Aires has begun a new cycle. In 2008 the total number of construction permits authorized by local authorities reached 2.5 million square metres which represents a contraction of 20.3% compared to 2007, and anticipates a decline in activity for this year, according to a report from the local consultants Real Estate Report.
Friday, March 6th 2009 - 21:46 UTC
Demining challenges ‘not new’ in Falklands

CHALLENGES that will face de-mining in the Falklands compared to other parts of the world are on the whole, “not new” said a UK official during her visit this week.
Friday, March 6th 2009 - 16:48 UTC
Falkland Islands: Weekly Penguin News Update

Headlines: East and West Falkland host Sports Weeks; Endurance high and dry; Global ill wind brings some benefit for Standard Chartered Bank; Extreme bikers tour the West in less than a day... off road; Extended visit for James Clark Ross.