Stories for 2010

Friday, March 26th 2010 - 01:53 UTC
Euro zone agrees € 22 billion ‘safety net’ for Greece including the IMF

Sixteen Euro zone countries have backed a financing plan to help debt-laden Greece, which will include IMF money. The safety net would total up to 22 billion Euros and would apply only if market lending to Greece dried up.
Friday, March 26th 2010 - 01:19 UTC
Falklands’ fishery back to normal says Director

Falklands’ fishery catches have returned to a more normal level in 2010, confirmed Director of Fisheries John Barton on Thursday.
Friday, March 26th 2010 - 00:59 UTC
Chilean government announces biggest fuel price hike in months

Chile’s government has decided to “un-freeze” the increase of the gasoline prices considering that the value of both oil and the US dollar is growing all around the world.
By law, on March 25 the transitory price reduction to the specific oil tax must come to an end. The decree was passed last year to help the local economy given the financial crisis that affected many countries.
Friday, March 26th 2010 - 00:53 UTC
Dubai World promises investors will get their money back (in eight years)

Investors in Dubai World have been told they will get their money back - but may have to wait up to eight years. The Dubai government has pledged more than £6bn of new funding for the restructuring plans of its flagship investment vehicle, whose assets include the QE2 and Turnberry golf course.
Friday, March 26th 2010 - 00:46 UTC
Bolivia: not the moment to pressure Chile for ocean access

Bolivian President Evo Morales, along with the Bolivian Army and Navy, celebrated Sea Day this week, an annual holiday mourning Bolivia’s loss of ocean access to Chile following the Pacific War 131 years ago.
Friday, March 26th 2010 - 00:43 UTC
Former KGB agent buys The Independent and Independent on Sunday for £ 1

Former KGB agent and London’s Evening Standard owner Alexander Lebedev is buying The Independent and Independent on Sunday for £1, it has been confirmed. The Russian oligarch has snapped up the titles for the same price as a single copy of The Independent.
Friday, March 26th 2010 - 00:37 UTC
Uruguay outperformed other regional economies, expanding 2.9% in 2009

Uruguay outperformed all other Latinamerican countries last year, according to the latest available data on 2009 economic growth. The data shows the Uruguayan economy expanded 2.9% in 2009, compared to 1.2% for Peru and 0.9% in Argentina.
Thursday, March 25th 2010 - 20:45 UTC
First minefield cleared in Falkland Islands – thanks to Zimbabweans

ZIMBABWEAN de-miners were cheered and clapped by a large crowd of Falklands residents today as the, “brave and hardworking” experts demonstrated confidence in their work by holding a soccer game in the recently cleared Minefield 25 on Sapper Hill near Stanley.
Thursday, March 25th 2010 - 13:04 UTC
Falklands politicians an important resource says British Government official

“AN important international diplomatic resource” is how Foreign and Commonwealth (FCO) official Colin Roberts visiting the Falkland Islands describes Members of the Legislative Assembly (MLAs).
Thursday, March 25th 2010 - 05:47 UTC
Former Spanish president warns on China’s growing influence in Latinamerica

Former Spanish president Felipe González and several experts in economics and politics warned about the growing influence of China in Latin America, which nevertheless could also help to balance the international scenario according to a forum held in New York University sponsored by the Euro-America Foundation.