
Borders & Southern Petroleum PLC, the Falkland Islands oil explorer, said its first half to end-June pretax loss narrowed to £117,158 from £182,010 saying the next year would be exciting as it evaluated the area covered by its production licences.

Forty British Royal Marines Reserve (RMR) Commandos from RMR Merseyside are heading back to the Falkland Islands next week 25 years on from the original South Atlantic conflict.

The United States expanded 3.8% in the second quarter in spite of the mid year credit crunch, weak housing and forecasts of a slowing down, according to a revised estimate released Thursday by the US Department of Commerce. In the first quarter the US economy expanded a sluggish 0.6%.

The Brazilian Lower House Foreign Affairs Committee begun this week to consider the official documents of Venezuela's incorporation to Mercosur, a long delayed process with still an arduous path ahead before its final approval and which has irritated relations between Caracas and Brasilia.

Population data has been collected for one colony on the New Island reserve for the last 29 years, and as such is the only long term data set for the Falkland Islands.

THE installation of Automatic Identification Systems (AIS) is likely to be made mandatory for ships operating in Falklands' waters.

Luiz Inácio Lula Da Silva, assured this Thursday that his country is working on making Venezuela, definitely, gets his full member entry into the Southern Common Market (Mercosur).

Chile's Supreme Court on Friday ordered the extradition of former Peruvian President Alberto Fujimori to face trial at home for corruption and human rights violations, including accusations that he ordered the death squad killings of 25 people.

Inflation, the weak link in her country's buoyant economy, is at a six-year high. Unions, the natural partners of her leftwing government, marched through Santiago in August protesting against free-market policies they say are fuelling inequality.

Portugal's president urged European and South American political leaders Thursday to make a fresh push toward concluding a long-delayed trade agreement between the two continents.