Stories for February 2010

Friday, February 26th 2010 - 06:39 UTC
Falklands: UK MOD denies naval incident with Argentine vessel

The British Ministry of Defence strongly denied Thursday any incident in the Falklands territorial waters involving a Royal Navy South Atlantic patrol and an Argentine Navy corvette, as reported in some London sensational media.
Friday, February 26th 2010 - 06:35 UTC
Mujica praises “strong message” from the US; plans to invite Obama to Uruguay

Uruguayan president elect Jose Mujica will hold a meeting with US Secretary of State Hillary Clinton Monday morning, before the official inauguration, and will take advantage of her presence to invite US President Barack Obama to visit Uruguay.
Friday, February 26th 2010 - 06:30 UTC
Chile’s largest copper producer increases output: first time in five years

Chile’s Codelco, the world’s largest copper producer, increased production in 2009 for the first time in five years, helped by a new mine. The company also generated an impressive surplus over the last four years.
Friday, February 26th 2010 - 06:24 UTC
Spain, Cuba’s main supporter in the EU “deeply deplores” death of dissident

Spain said it “deeply deplores” the death of Cuban dissident Orlando Zapata Tamayo and regrets that the human rights situation on the Castro brothers ruled island has led to “this very terrible outcome”.
Zapata, 42, died Tuesday at a Havana hospital after an 85-day hunger strike.
Friday, February 26th 2010 - 01:27 UTC
Peru/China free trade agreement becomes effective next March first

The free trade agreement between Peru and China becomes fully effective as of next Monday March first, according to the publication on Thursday of the official decree in Peru’s gazette. China has become Peru’s main trade partner behind the US.
Friday, February 26th 2010 - 01:23 UTC
Fed probe into Wall Street firms role in helping Greece mask debt woes

The role of Wall Street firms in deals that may have helped Greece mask its debt woes are under scrutiny in the US, the Federal Reserve chief has said. Ben Bernanke said the Fed and the US financial watchdog were “looking into a number of questions” related to banks' derivatives arrangements with Greece
Friday, February 26th 2010 - 01:19 UTC
Peruvian private pension funds purchase Lan Chile shares

Peruvian Finance Minister Mercedes Araoz welcomed the participation of Peruvian private pension funds, AFP, in Thursday auction of a 6.4% stake (21.83 million shares) of Chilean flagship airline.
Thursday, February 25th 2010 - 23:17 UTC
Repsol-YPF to explore for oil in Malvinas waters at the end of 2010

Spanish-Argentine Oil Company Repsol-YPF announced Thursday that it will drill for oil in an area near the Falkland Islands beginning next November /December.
Thursday, February 25th 2010 - 05:09 UTC
Falklands’ dispute reaches the UN: Ban Ki-Moon’s praises peaceful attitude

Argentina’s Foreign Minister Jorge Taiana as had been anticipated on Wednesday formally asked United Nations Secretary General Ban Ki-Moon to interfere in the “unilateral decisions” Britain has made regarding the Falklands/Malvinas Islands issue and highlighted that “from now on” everyone has to wait until Ban acts within a “good-solicitor” framework.
Thursday, February 25th 2010 - 05:03 UTC
Argentine court keeps freeze on Central Bank reserves

An Argentine federal court kept a hold on the government’s plan to use 6.6 billion US dollars in Central Bank reserves to pay debt, sending the case to the Supreme Court for a final ruling, Argentina’s Court Information Center Web site said.