Stories for July 11th 2007
US dollar in new record low against the Euro and Sterling
The dollar fell on Tuesday to a record low against the Euro and a 26-year low against the British pound as investors feared that the deteriorating U.S. sub-prime mortgage market could eventually slow the economy.
Argentina targets UK beef market at the Royal Show
Argentina is looking to increase its exports of high-quality chilled beef into the UK by up to 20 percent over the next year.
“A realistic agreement over the Falklands Islands”
The 25th anniversary of the end of a tragic war is a fitting time to regret the losses incurred. It is also a time to look forward and to avoid, once and for all, the repetition of such disasters. That requires an objective review of the past and an analysis of the future: this could be very bright, so long as all parties so wish and they undertake to make adjustments and, at times, the necessary sacrifices.
Brazil budgets nuclear energy program including navy sub
President Luiz Inacio Lula da Silva said that Brazil will budget about half a billion US dollars over eight years to complete its nuclear program, including uranium enrichment technology, a third plant and finishing the building of a nuclear-powered submarine.
Chubut new fisheries bill contemplates long term licences
Patagonian province Chubut passed a new General maritime fishing bill to regulate fishing activities which also contemplates long term fishing licences subject to development projects by the beneficiaries.
Organic yields “can better conventional farming”
Organic farming can yield up to three times as much food as conventional farming in developing countries, and holds its own against standard methods in rich countries, according to United States researchers.
Chile's salmon industry catching on number one Norway
Low production costs, free trade agreements and a growing health food craze are giving Chilean salmon companies an edge over their Norwegian competitors.
Chile promoting oil and gas exploration in Magallanes Region
Chile's Ministry of Mines announced this week that the period to acquire tender bases for the Magallanes Region oil and gas exploration project has been extended for another thirty days until Thursday August 9.
Another good year is forecasted for global tourism
The year 2007 has started on a higher than expected note for global tourism. From January through April, international tourist arrivals worldwide rose by over 6% to 252 million, representing an additional 15 million arrivals as against the same period in 2006, according to the latest UNWTO World Tourism Barometer.
Pulp mill dispute: Argentina and pickets plan massive campaign
Argentine President Nestor Kirchner's administration involved in a dispute with Uruguay over the construction of a pulp mill, rejected Tuesday a request from pickets to ban the sale of wood to Uruguay and remove the country's ambassador in Montevideo.
