Stories for March 22nd 2007

Thursday, March 22nd 2007 - 21:00 UTC
Fed concerned about growth and inflation

Federal Reserve Chairman Ben Bernanke and his colleagues are still worried about inflation, even while hinting that an interest rate cut may be needed to help boost a weak economy.
Thursday, March 22nd 2007 - 21:00 UTC
Petrobras backs from criticism of Argentina's energy policy

The Argentine government rejected this week calls from the head of Brazil's government owned oil company, Petrobras, for changes in energy pricing in Argentina, where gasoline and diesel prices have been virtually frozen for more than four years.
Thursday, March 22nd 2007 - 21:00 UTC
Falkland Islands Fisheries Director revokes Jih Da Gan licence

“The Falkland Islands Government views any abuse or maltreatment of fishing vessel crews very seriously and, in addition to considering issues of criminal liability, where appropriate, will take any action available to it as necessary to ensure that the responsibilities for the efficient management of the fishery on behalf of the Falkland Islands are properly discharged.”
Thursday, March 22nd 2007 - 21:00 UTC
Kirchner will lead main Falklands' war commemorations

President Nestor Kirchner will reaffirm Argentine “legitimate and imprescriptible” sovereignty over the Falkland Islands next April 2 in Ushuaia when he leads the main commemoration of the 25th anniversary of Argentina's 1982 military landing in the Islands, reports the Buenos Aires press.
Thursday, March 22nd 2007 - 21:00 UTC
Leading banker warns of “market adjustments” in Latam

A senior international banker predicted a further shake-out in emerging markets, particularly Latinamerica, arguing that asset prices in the region, (the best performing market last year) “have run ahead of economic fundamentals in many cases” and the market needs some sort of adjustment.
Thursday, March 22nd 2007 - 21:00 UTC
Falklands' mines' removal meeting next week in London

Argentine and British officials are scheduled to meet next week in London to continue talks on the removal of land and anti personnel mines planted in the Falkland Islands during the 1982 conflict by Argentine forces.
Thursday, March 22nd 2007 - 21:00 UTC
Brazil's economy moves to tenth position worldwide

Brazil ranks as the world's tenth economy, ahead of South Korea, Holland and Australia, according to a GDP new calculation system announced by the government and which a majority of Brazilians economists consider more in line with reality.
Thursday, March 22nd 2007 - 21:00 UTC
United Airlines ceases to fly from Uruguay next June

United Airlines has decided to cease operations in Uruguay beginning next June 7 which means the end of the company's flights to Montevideo. However United will continue to operate from Argentina and Brazil.
Thursday, March 22nd 2007 - 21:00 UTC
Uruguay's economy expands fourth year running; 7% in 2006

Uruguay's economy expanded 7% in 2006 boosted by the communications and transport sectors according to the latest release from the country's Central Bank.
Thursday, March 22nd 2007 - 21:00 UTC
Weekly Penguin News Update

Heradlines: World's windiest marathon; Tourism work permit denied; FIDF remember; Rotterdam's on her own

Fishing news: Licence revoked; Squid return to zones; SAFC: another non-starter