Stories for April 22nd 2008

Tuesday, April 22nd 2008 - 21:00 UTC

UK £ 50 billion plan to help financial system

British Chancellor of the Exchequer Alistair Darling supported on Monday the Bank of England's £50bn plan to help prevent the credit crisis causing more damage to the UK banking system.

Tuesday, April 22nd 2008 - 21:00 UTC

Paraguayan president Duarte will lead block in next Senate

Paraguayan president Nicanor Duarte said on Monday he's considering resigning before August 15, when his mandate expires, which means vice president Francisco Oviedo would then be in charge of passing the sash to elected president Fernando Lugo.

Tuesday, April 22nd 2008 - 21:00 UTC

Oil producing countries fear bio-fuels competition

Saudi Arabia admitted that petroleum producing countries are concerned with the competition of alternative fuels, such as bio-fuels and with the determination of many countries to ensure their “energy independence”.

Tuesday, April 22nd 2008 - 21:00 UTC

Colombia confirms full support to tough anti guerrilla policy

Colombia's President Alvaro Uribe and, to a lesser extent, Ecuador's Rafael Correa were the Latinamerican leaders with the greatest approval rating in March according to the latest public opinion poll from the renowned consultants Mitofsky with results published in the Mexican press on Monday.

Tuesday, April 22nd 2008 - 21:00 UTC

“Silent tsunami” threatens 100 million people with hunger

The head of the United Nations World Food Programme (WFP) called for urgent action to tackle the “silent tsunami” of rising food prices which threatens to push more than 100 million people worldwide into hunger.

Tuesday, April 22nd 2008 - 21:00 UTC

Chile's energy bill forecasted to increase 2.8 billion US dollars

With the international price of oil closing on 120 US dollars a barrel and the need for greater purchases of oil, diesel fuel and natural gas, Chile estimates the additional cost this year in 2.8 billion US dollars according to the government owned oil corporation ENAP, CEO Enrique Davila.

Tuesday, April 22nd 2008 - 21:00 UTC

OPEC to boost production 5 million bpd …by 2012

The Organization of Petroleum Exporting Countries, OPEC plans to boost its oil production target capacity by 5 million barrels a day by 2012, the organization's secretary-general said Tuesday in Rome.

Tuesday, April 22nd 2008 - 21:00 UTC

Patagonian toothfish farming project takes off in Chile

La Araucana Education Corporation and four private Chilean companies are undertaking a Patagonian toothfish (Dissostichus eleginoides) farming project which is to be officially launched this week involving more than 2.2 million US dollars.

Tuesday, April 22nd 2008 - 21:00 UTC

Argentina indicts Uruguayan expatriate for the grass fires

A Uruguayan farm handy man, Sergio Amable Salvador Vera, 62, became the first person to be indicted this week for starting the grassland fires that produced the recent blanketing with smoke of Argentina's capital Buenos Aires city.

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