Stories for October 11th 2007
IMF yes/no policy: growth to continue but also credit turmoil
The International Monetary Fund's chief economist said on Wednesday repercussions from recent market turmoil should be contained within advanced economies, with growth in emerging markets likely to remain broadly on track.
UK surveyors: house prices fall at fastest rate in two years
House prices are falling at their fastest rate for two years as buyers stay away from the market, new figures have shown.
Norwegian company converting 132-meter trawler to catch krill
Krill Seaproducts from Ãâ€Â¦lesund, Norway is converting the 132-metre Vlieborg container vessel to a trawler in order to target krill. The steel work is done at Western Shipyard in Lithuania and refurbishing will be completed at the shipyard Fiskerstrand Verft in Ãâ€Â¦lesund. The name of the vessel has been changed to Thorshøvdi.
Chile plans to invest 17 billion US dollars in mining industry
Chile's Mining Minister Karen Poniachik disclosed Monday that Chile is anticipating 17 billion US dollars on new gold and copper mining investment in the next five years. Poniachik said the new cash infusion is needed to replace existing mines whose reserves are running out and to bolster output.
US Commerce Secretary Says Doha Deal Could Be Close
A general agreement on global trade liberalization in the Doha round of talks is “closer than most people think,” said U.S. Commerce Secretary Carlos Gutierrez Wednesday.
Venezuelans to pay price of president's moral crusade
President Hugo Chávez has announced sharp tax increases on tobacco and alcoholic beverages, amid a raft of other measures aimed at curbing luxury imports and instilling the new morality of his ''21st Century Socialism.''
Australia Targets Japanese Youth With YouTube
Australia has taken its battle against Japanese whaling in the Antarctic to the Internet, with a new YouTube campaign unveiled on Tuesday that targets Japanese children.
UK invites Argentina to jointly work in seabed extension
The United Kingdom reiterated in an open letter published Thursday in the Buenos Aires press its willingness to collaborate with Argentina in continental shelf extension presentations contemplated under the Convention on the Law of the Sea.
British activist Doris Lessing wins Nobel for literature
British writer, Iran born, Doris Lessing won the 2007 Nobel Prize in literature, the Swedish Academy announced Thursday citing her “skepticism, fire and visionary power” in dozens of works, notably her classic “The Golden Notebook.”
Striking fishermen clash with riot police in Mar del Plata
Argentine striking fishermen clashed on Thursday with the police following a rampage against fish processing plants in Mar del Plata. Protestors were trying to convince fellow workers of Argentina's main fishing industry city to join the stoppage.
