Stories for October 16th 2010

Saturday, October 16th 2010 - 20:46 UTC
New Governor tells Falklands oil exploration is “your legitimate business”

THE Falkland Islands new Governor Nigel Robert Haywood CVO reiterated the United Kingdom’s support of the Falklands right to self-determination, during his speech at the official swearing in ceremony today in Stanley.
Saturday, October 16th 2010 - 01:50 UTC
Carlos Menem, best Argentine pro-business president in the last 50 years

The liberal policies carried out by former Argentine president Carlos Saúl Menem continue to reap the approval of the majority of businessmen that are attending an economic colloquy in the Argentine capital, reports the Buenos Aires Herald.
Saturday, October 16th 2010 - 01:47 UTC
Piñera promises overhaul of mine safety legislation, standards and mechanisms

As some of its 33 rescued miners begin to go home, and as international interest in the story has yet to wane, Chile’s President Sebastian Piñera is promising a revision of “legislation, standards and mechanisms” to improve safety of miners in the country.
Saturday, October 16th 2010 - 01:46 UTC
Miners endured a temperature of 40º. Celsius and almost 100% humidity

Manuel González, the first rescue worker to descend the San José mine pipe during the operative set up to save the 33 Chilean miners that were trapped for 70 days 700 metres under ground, assured the temperatures and humidity the workers had to face were “terrible.”
Saturday, October 16th 2010 - 01:41 UTC
Chile to insist on extradition from Argentina of terrorist accused of crimes in democracy

Chilean president Sebastián Piñera's administration announced it has decided to file a formal complaint before the National Refugees' Committee (CONARE) as a way of deepening their discontent on the political asylum the body decided to grant to ex guerrilla fighter Sergio Galvarino Apablaza Guerra.
Saturday, October 16th 2010 - 00:16 UTC
Controversy in New Zealand: what is cheaper: bottled water of cask wine?

Alcohol, mainly wine has become cheaper than bottled water in New Zealand, a study showed Friday, with researchers warning there could be major implications for public health. However an independent television news investigation questioned the report.
Saturday, October 16th 2010 - 00:13 UTC
Chilean food exporters request government support to face weakening US dollar

Representatives from Chile’s Council of Food Exporters met this week for 90 minutes with the Chile’s Treasury Minister, Felipe Larraín, to express their concern over the loss of competitiveness in the sector as a result of the declining value of the US dollar versus the Chilean peso, and to propose a series of measures to address the issue.
Saturday, October 16th 2010 - 00:08 UTC
Brazil ready to take additional measures to limit local currency from strengthening

Finance Minister Guido Mantega said the government is ready to take additional measures to limit gains in the Real, including stricter limits on risk exposure for investors in the futures market, should the currency continue to strengthen.
Saturday, October 16th 2010 - 00:06 UTC
US Federal Reserve prepared to buy more US government bonds

US Federal Reserve Chairman Ben Bernanke has opened the way to a new round of quantitative easing. “There would appear, all else being equal, to be a case for further action,” he said, in a speech to the Boston regional Federal Reserve, Friday.
Saturday, October 16th 2010 - 00:04 UTC
Mercosur/EU on track to reach an agreement by mid 2011

European Union and Mercosur representatives concluded Friday in Brussels a new round of negotiations for an association and cooperation agreement for which they have proposed an ambitious work calendar extending until mid 2011, when the accord could be closed.