Stories for February 2010

Monday, February 15th 2010 - 20:13 UTC
FOGL/BHP Billiton sign deal to drill several wells in East Falklands basin

Falkland Oil and Gas, FOGL announced Monday it signed a deal will Desire Petroleum to use the “Ocean Guardian” rig to drill the first ever exploration well in the East Falklands Basin on the Toroa prospect, which is expected to happen during the first half of 2010.
Monday, February 15th 2010 - 06:38 UTC
Chile announce ambitious Antarctica Strategic Plan

Chile’s Public Works Ministry announced the launching of five new projects in Antarctica.
Monday, February 15th 2010 - 06:35 UTC
World’s largest cargo aircraft lands in Sao Paulo

The world’s largest cargo aircraft and the largest fixed-wing, Russia’s Antonov AN 225 landed over the weekend in one of Sao Paulo’s airports, Guarulhos loaded with equipment for Brazil’s oil and gas government managed corporation Petrobras.
Monday, February 15th 2010 - 06:33 UTC
Chilean mint house chops heads for circulating 50-pesos “collection” coins

Heads are rolling at the Chilean mint after a coin went into circulation which mangled the country's name. The 50-peso coins - worth about 6p - were issued in 2008, but no-one noticed they read “Chiie” rather than “Chile” until late last year.
Monday, February 15th 2010 - 06:19 UTC
Argentine government lacks Senate support to tap Central bank reserves

Argentina’s government lacks the support needed in the Senate to approve President Cristina Fernandez de Kirchner’s plan to tap 6.6 billion US dollars in Central Bank reserves to pay sovereign debt due this year, ruling party Senator Miguel Pichetto admitted on Sunday.
Monday, February 15th 2010 - 06:02 UTC
Wall Street helped Greece to hide mounting debts, claims The New York Times

Wall Street tactics have worsened the financial crisis shaking Greece and undermining the Euro by enabling European governments to hide their mounting debts, The New York Times reported Sunday.
Monday, February 15th 2010 - 05:56 UTC
Japan retains position as world’ second largest economy

Japan's economy grew by 4.6% last quarter on an annualized basis, beating expectations and helping the nation keep the mantle as the world's second-largest economy. China's economy is widely expected to overtake Japan sometime this year.
Saturday, February 13th 2010 - 07:57 UTC
Rio’s Carnival takes off: “I order everyone to have fun”

Rio do Janeiro's four-day Carnival officially kicks off Saturday with a long list of celebrities in town to watch the main event, which this year is dominated by a row over a seven-year-old girl joining the ranks of the sexy adult samba queens.
Saturday, February 13th 2010 - 07:54 UTC
Brazil and Chile’s president elect support Insulza as OAS chief

Brazil’s Foreign Secretary Celso Amorim said that The Washington Post criticisms of the Organization of American States, OAS, Secretary General Jose Miguel Insulza are “totally without foundation” and reiterated Brazil’s support for his re-election next month.
Saturday, February 13th 2010 - 07:48 UTC
On Sunday arrives the Year of the Tiger when “fortune favours the brave”

Sunday is widely dubbed “Double Happiness” day in the Chinese world -- a rare occasion when the New Year festival, launching the Year of the Tiger, coincides with Valentine's Day.