Stories for June 2010
Invasive algae found in Chilean Patagonia threatens ecosystem and tourism
In February, Chris Spelius, owner of the adventure travel company Expediciones Chile, was standing out by the Futaleufu River in Southern Chile waiting for a client, when he looked into the normally clear water and noticed something unusual.
BACTEC says goodbye to the Falkland Islands
The BACTEC (Battle Area Clearance, Training, Equipment and Consultancy) Project Management and the remaining Zimbabwean de-miners will shortly say goodbye to the Falkland Islands after more than six months of living and working in the community. Throughout the project the community has welcomed BACTEC personnel from UK, Zimbabwe and Lebanon and shown us great hospitality during our long stay away from home.
Roubini warns Brazil about asset-bubble; recommends limiting Real appreciation
Nouriel Roubini, the New York University professor who predicted the global financial crisis before markets peaked, said the Brazilian, Chinese and Indian economies may be overheating and developing asset bubbles.
Colombia’s Santos calls for a national unity government
Colombia’s winning presidential candidate Juan Manuel Santos called on Conservatives and Radicals to join in a national unity government to address the problems of poverty and terrorism.
Peru and Chile agree to resume confidence building in military affairs
Peruvian defence minister Rafael Rey recently paid his Chilean counterpart Jaime Ravinet and Chile’s President Sebastián Piñera a visit, a meeting which showed that although the two countries continue to squabble over maritime border issues, bilateral relations are still intact.
HMS York almost home after high profile patrolling in Falklands’ waters
HMS York is on her way home from the South Atlantic after a high-profile five months on patrol off the Falklands Islands, reports The Press from York.
India raises basic rate, drains liquidity and says recovery is “firmly in place”
The Reserve Bank of India (RBI) has raised key interest rates by a quarter of a percentage point in an attempt to curb near double-digit inflation. The rise was the second in a month and was in line with analysts' forecasts.
Tories implement civil service “salary transparency”; 171 above PM Cameron
Some 171 civil servants are paid more than Prime Minister David Cameron's £142,500-a-year salary, according to Cabinet Office figures. The salaries of those earning over £150,000 were revealed for the first time in a bid to aid transparency.
European confidence in economic outlook down and inflation up
European confidence in the economic outlook unexpectedly worsened in May and inflation accelerated as the Euro region’s debt crisis shook markets.
Argentina extends bond restructuring on request from Italian creditors
Argentina is extending its 18.3 billion US dollars bond restructuring at the request of Italian creditors and the country’s financial regulator, Economy Minister Amado Boudou said on Monday.
