The fare structure of the air bridge linking the Falkland Islands with Britain will not be reconsidered according to British officials. Falkland Islands Government (FIG) considers the price of seats as unaffordable.
Official figures have revealed that Japanese manufacturing has dropped at its fastest rate on record, with companies closing factories and cutting jobs. Industrial output in Japan plummeted by a record 8% in November compared with the previous month.
Britain's economic problems and the insecurity people are feeling in today's uncertain times were acknowledged by the Queen in her Christmas Day message.
The Elie Wiesel Foundation for Humanity lost more than 15 million US dollars, nearly all of its assets, in the fraud scheme run by Wall Street financer Bernard Madoff, the fund said Wednesday in a short release.
The United Kingdom economy shrank faster between July and September than had previously been thought, official data showed. The Office for National Statistics (ONS) said it had contracted by 0.6% in the quarter - its previous estimate had been a contraction of 0.5%.
Madonna's triumphant Sticky & Sweet has ended with 2,350,282 people attending and a gross of over 280 million US dollars in ticket sales for 58 concerts. Madonna performed in Europe, United States, Canada followed by Mexico, Argentina, Chile and Brazil where her last show was on December 21.
The world's largest department stores chain Wal-Mart Stores, Inc. announced it will launch a tender offer to acquire all of the issued and outstanding shares and American Depositary Shares of Chile's Distribución y Servicio D&S S.A.
Argentina reported the lowest economic growth in more than five years in October as factories cut output because of waning sales and exports. The country's economic activity index expanded 5.2% in October compared to the same month a year ago and 0.1% over September.
Brazilian President Lula da Silva called on consumers to step up spending to help the economy overcome the global credit crisis while assuring them that inflation will remain under control.
South America's 2008/09 soy harvest is forecasted to drop from previous estimates because of drought in Argentina and Paraguay according to reports in the Oil World magazine.