Stories for June 2009

Thursday, June 25th 2009 - 17:27 UTC
Argentina’s industrial production falls for fifth month running

Argentine industrial production fell 1.7% in May from a year earlier and was down 0.2% on the month, according to the latest release from the country’s Statistics Institute. This is the fifth month running that industrial production has been contracting.
Thursday, June 25th 2009 - 17:18 UTC
Wind farm energy for Chile’s giant state owned copper company

Chilean state-owned copper company CODELCO Norte presented this week plans for a 700 million US dollars wind farm to the National Environmental Commission (CONAMA).
Thursday, June 25th 2009 - 17:16 UTC
Brazilian pre-salt reserves extraction costs in the range of 40 USD per barrel

Brazilian government managed Petrobras said this week that production from the massive oil fields deep below the ocean floor off Brazil’s Atlantic coast was viable at 40 US dollars for a barrel for benchmark Brent crude.
Thursday, June 25th 2009 - 17:12 UTC
Argentina/ Chile react differently to Brazil’s travel warning on flu

Argentina and Chile reacted differently to this week’s advice from the Brazilian government against travelling to A/H1N1 virus flu-stricken Argentina and Chile by people older than 60 and younger than 2 as well as those with weakened immune systems.
Thursday, June 25th 2009 - 17:10 UTC
Former Falklands Chief Executive becomes a clergyman

A former Chief Executive of the Falkland Islands government is to become a clergyman in the Yorkshire Dales. Michael Blanch is to serve as curate at Askrigg united with Stallingbusk, according to press reports from North Yorkshire.
Thursday, June 25th 2009 - 17:00 UTC
UK cocaine capital of Europe; one in 100 Londoners “problem drug user”

The United Kingdom is the cocaine capital of Europe, the United Nations has said. The UN Office on Drugs and Crime said the UK was Europe's largest cocaine market - with more than one million regular users.
Thursday, June 25th 2009 - 10:06 UTC
Canadian oil company begins exploration drilling in Patagonia’s San Jorge basin

Canada’s Crown Point Ventures Ltd announced that in early to mid July it expects to be commencing the drilling of a three well exploration drilling program at El Valle in the San Jorge basin of Argentine Patagonia.
Thursday, June 25th 2009 - 09:49 UTC
Washington and Venezuela agree to re-establish their ambassadors

Venezuela and United States will be re-establishing their ambassadors in the coming days, confirmed on Wednesday Venezuelan Foreign Affairs minister Nicolas Maduro Ambassadors Bernardo Alvarez and Patrick Duddy were withdrawn last September when hostility between President Hugo Chavez and former President George Bush climaxed following years of disagreements and diplomatic clashes.
Thursday, June 25th 2009 - 06:43 UTC
Paraguay hosts global conference to eradicate FMD in poor countries

Paraguayan president Fernando Lugo opened Wednesday in Asuncion the world conference on “Foot and Mouth Disease; the way towards global control” organized by FAO and the World Organization for Animal Health, OIE.
Thursday, June 25th 2009 - 06:16 UTC
US recession “slowing” but economy is expected to remain weak, says Fed

The United States Federal Reserve kept interest rates unchanged on Wednesday and said that the recession in the US is “slowing” but “economic activity is likely to remain weak for a time”.