Stories for March 2005
Chile sues Czech tourist for causing forest fire
Chilean authorities are suing a Czech citizen who accidentally started a fire causing extensive damage to Chilean Patagonia main national park, Torres del Paine.
Antarctica annual turnover 900 million US dollars
Antarctica has an annual turnover of 900 million US dollars mainly from fisheries, scientific research and tourism, of which Punta Arenas only takes advantage of twelve million US dollars, claimed Jose Retamales Director of the Chilean Antarctic Institute, reports La Prensa Austral.
Latinamerica 2005 job creation: “moderate optimism”
The International Labour Organization, ILO, expressed “moderate optimism” regarding the employment situation in Latinamerica on considering the region's economic growth prospects.
Mercosur, Arab Presidential Summit to take place in May
The South American and Arab countries Presidential Summit to take place in May in Brazil seeks to conquer markets without “scandalous subsidies in farming products” -as is the case in the US and the EU, ? according to the head of the bloc's representative commission, Eduardo Duhalde.
Tahiti calls for a OCTA “united strategy”
“A united strategy based on common interests is always fruit-bearing”, French Polynesia President Oscar Temaru said Wednesday in his opening speech before the three-day 4th Ministerial Conference of the European Union Association of Overseas Countries and Territories (OCTA) in Tahiti, according to a report from TahitiPress.
Breaking News
Headlines:
Clash over HMS Sussex treasure; Spanish television links Gibraltar to money laundering.
Argentine defaulted bonds exchange delayed
Argentina decided Thursday to postpone its scheduled April 1 exchange of defaulted bonds waiting for New York court ruling regarding frozen securities included in the operation.
La Nacion alerts about squid poaching.
The South Atlantic Illex squid fishery is increasingly threatened by tens of jiggers from all over the world, many of them waiting just outside the 200 miles Argentine EEZ, ready to break in and poach on the world's 80% reserve of the species, highlights Buenos Aires daily La Nacion in a strong editorial condemning illegal, undocumented, unregulated fishing.
Spanish military sales to Venezuela: “nothing to fear”
Spain's president Jose Luis Rodriguez Zapatero said Tuesday in Venezuela that United States has nothing to fear from the sale of Spanish military vessels and aircraft to President Hugo Chavez administration.
Investors' confidence in Argentina “will take time”
The absence of a strong Judiciary branch upholding the law together with the lack of consolidated political parties unable to free themselves from permanent internal bickering is Argentina's main problem argues Professor Victor Bulmer-Thomas.
Venezuela increases proven oil reserves.
Venezuela's state-run oil company increased its proven oil reserves by 192 million barrels after drilling at two fields in eastern Venezuela, the company said in a statement this week.
World fisheries beware: China is coming
China is fast becoming a formidable sea power of the other marine variety. It doesn't yet have monstrous aircraft carriers capable of delivering awesome fire power in the world's seven seas, but there is a huge fleet of small fishing trawlers flying Chinese flags that sail the ocean blue.
Argentine bonds unfrozen but held for appeal
A New York federal judge on Tuesday unblocked freezes put on up to $7 billion in defaulted Argentine bonds but then agreed to keep the freezes in place while creditors appealed the ruling.
South Georgia Fishing Licences Announcement
A spokesman for the Government of the South Atlantic island of South Georgia, which has its seat in Government House in the Falklands, yesterday made the following announcement regarding the annual award of licences to fish for toothfish in the Island's waters:
Mercosur “surprised” by EU uncompromising stance
Mercosur and European Union talks seem to have stalled again following an unsuccessful meeting in Brussels during March, according to the South American block diplomatic sources.
