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Stories for April 2010

• Thursday, April 1st 2010 - 05:53 UTC

  Falkland Islands: Investors lose fortunes as oil shares plummet

  

  LOCAL investors – reputedly one in ten of the population – saw the value of their oil shares plummet this week as Desire Petroleum confirmed media speculation that the first oil found by the Ocean Guardian rig was of poor quality.

• Thursday, April 1st 2010 - 05:46 UTC

  Around 50 percent of foreigners’ hotel reservations cancelled in Chile

  

  The historic February 27th earthquake left more than 90 percent of Chile’s hotels and tourist services without structural damage. The same can’t be said about Chile’s tourism industry. A huge number – perhaps as much as half – of all upcoming reservations made by foreigners have been cancelled.