Stories for April 22nd 2008
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.
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.
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”.
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.
“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.
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.
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.
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.
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.
