Stories for April 7th 2008
Norway developing eco-friendly trawl technology
The Norwegian fisheries magnate Kjell Inge Røkke and the industry have lately spent around NOK 10 million (EUR 1.25 million) on developing eco-friendlier trawls. One trawler operating off the West coast of Norway and a shrimp trawler fishing in the Oslo fjord in Eastern Norway are helping to develop the new trawl technology.
Chile cuts taxes to fight highest inflation in decade
Chile's consumer price index rose 0.8% in March, up from 0.4% in February, according to the latest release from the country's National Statistics Institute (INE). The March figure pushed 12-month inflation to 8.5%, up from the February 8.1%.
Mrs. Kirchner after Argentina's return to money markets
Argentine president Cristina Fernandez de Kirchner joined on Sunday thousands who marched in downtown Paris calling for the release of French-Colombian Ingrid Betancourt who was kidnapped by FARC rebels six years ago, and is alleged to be seriously ill with fear of life.
Charity run Falklands leg delayed by Argentina
DESPITE interference by Argentine authorities, Blind Dave Heeley's inspirational challenge to complete seven marathons on seven continents in seven days got off to a spectacular and successful start with a jet fly past at Mount Pleasant Complex, Falkland Islands at 00:01 GMT on Monday 7 April.
Paulson calls for more integration and trade with Latam
United States Treasury Secretary Henry Paulson officially opened on Monday the 49th general assembly of the Inter American Development Bank, IDB, calling for greater integration of trade and openness between Latinamerica and the US and warned about what he defined as “protectionist interests”.
UN recommends more natural production agriculture
Modern agricultural practices have exhausted land and water resources, squelched diversity and left poor people vulnerable to high food prices, even though they are also highly productive, according to a report announced Monday by the United Nations scientific agency.
IMF tightens budget and decides to sell 403 tons of gold
The International Monetary Fund's executive board approved Monday a broad financial overhaul plan that includes the sale of 403 tons of its gold holdings as part of a radical plan to shore up its finances.
Credit crunch and hunger in WB and IMF spring meetings
The Spring Meetings of the International Monetary Fund and World Bank open this week amid rising concerns about the impact of the credit crunch on the global economy and uneven progress towards such human development goals as wiping out hunger and malnutrition.
Food prices could lead to increased unrest warns “as in Haiti”
The head of the United Nations World Food Programme (WFP) called Monday on donors to respond to the agency's appeal for additional funds to deliver lifesaving assistance, warning that the global surge in food prices could lead to further tensions such as those witnessed recently in Haiti and other countries.
Uruguay expects record rice harvest and yield
Uruguay rice harvest is expected to reach a record yield of 8.000 kilos per hectare, among the highest in the world announced Sunday Tabare Aguirre, president of the country's Rice Growers Association.
