Stories for August 16th 2010

Monday, August 16th 2010 - 20:57 UTC
HMS Portland in Falklands’ tri-service exercise and patrolling South Georgia

The Royal Navy frigate HMS Portland lead the Maritime component in a Tri-Service week long exercise “Purple Strike” involving all of the military units based in the Falkland Islands. Exercises are conducted on a regular basis to ensure all units are prepared and capable of dealing with any eventuality, including the ability to defend the Falklands if required.
Monday, August 16th 2010 - 19:26 UTC
US militant apologizes for collaborating with terrorism in Peru

United States citizen Lori Berenson apologized to the Peruvian people for collaborating with a terrorist group and asked an appeals court to let her remain free on parole. She was sentenced to 20 year in prison and was released last May after serving 15 years, three fourths of the sentence.
Monday, August 16th 2010 - 19:11 UTC
Scientists survey krill fishery and possible marine protected area in South Georgia

The two South Georgia Island King Edward Point (KEP) based scientists are undertaking regular winter survey work at sea to investigate the spatial overlap between the winter krill fishery and the distribution of foraging predators and fish larvae in South Georgia waters, reports the SG newsletter.
Monday, August 16th 2010 - 18:56 UTC
U.S. Dollar Direction In 2nd Half of 2010

The last two years have been quite volatile in financial markets. First, in the fall of 2008, it appeared that the entire global economic system was headed toward inevitable destruction as US financial institutions Bear Stearns, Fannie Mae & Freddie Mac, and Lehman Brothers all collapsed in September of ’08.
Monday, August 16th 2010 - 05:08 UTC
Argentina official July inflation, 0.8%; private sector and unions: 1.9%

Argentina’s annual inflation rate in July rose to the highest level since May 2006, led by higher costs for leisure goods and clothing. Consumer prices increased 11.2% from a year earlier and 0.8% from June the national statistics institute Indec, said.
Monday, August 16th 2010 - 05:05 UTC
Argentina developing satellite launcher; ready by 2013 in Puerto Belgarno

Argentina is in the process of developing a satellite launcher which could become operational in three years time, making it the sixth country in the world with that capacity, according to a Sunday edition report in La Nacion.
Monday, August 16th 2010 - 04:52 UTC
It is official: Cristina or Nestor will be running for president in 2011

Argentine Cabinet Chief Aníbal Fernández said Sunday that either Néstor Kirchner or Cristina Fernández de Kirchner would be the candidates for the 2011 presidential elections from the ruling party.
Monday, August 16th 2010 - 04:44 UTC
Paraguayan president while under treatment must avoid contact with people

Paraguayan president Fernando Lugo, currently under chemotherapy treatment should concentrate his activities to Government House and avoid mingling with people and exposed to dust in his trips to the interior of the country, warns a member of his medical team.
Monday, August 16th 2010 - 04:35 UTC
Ms Rousseff strongly supports national capital in Brazilian airlines

Brazilian incumbent presidential candidate Dilma Rousseff strongly supported Brazilian majority participation in airlines although admitted not having been in touch with last week’s announcement of a merge between Lan Chile and Tam Brazil to become the largest Latinamerican air carrier.
Monday, August 16th 2010 - 04:20 UTC
Strong rebound of the German economy: GDP 3% growth in 2010

German gross domestic product (GDP) could grow by as much as 3% in 2010, as positive quarterly figures have stoked optimism in Europe's largest economy, Die Welt newspaper reported on Sunday, citing Economy Ministry officials.