Stories for June 9th 2008
Chile's richest families assets total 71 billion U$D
In the last four years, wealth controlled by Chile's richest families grew by 45% to 71 billion US dollars, according to a study done by Chilean financing evaluation company LarrainVial, consulting company Accenture and the Universidad Adolfo Ibáñez.
Carter helps bring Ecuador and Colombia closer
Ecuador and Colombia Presidents have accepted to renew diplomatic relations at the level of Chargé d'Affairs immediately and with no pre conditions following on a proposal from former US president Jimmy Carter.
G11emphasize energy efficiency rather than increased supply
Energy ministers from the G 8 plus China, India, and South Korea meeting in Japan to address energy prices adopted Sunday a joint declaration calling for more domestic energy efficiency rather than insisting on oil producing countries to increase supply
Scientific warning on carbon emissions impact on marine life
Natural carbon dioxide vents on the sea floor are showing scientists how carbon emissions will affect marine life. Dissolved CO2 makes water more acidic, and around the vents, researchers saw a fall in species numbers, and snails with their shells disintegrating.
Argentine farmers lift strike, but no dialogue on sight
Leaders of the Argentine farmers' organizations confirmed Sunday evening the end of the third strike period in the three months conflict with the government, and anticipated they will attend the dialogue table summoned by the country's ombudsman for Monday.
OPEC: oil barrel price should be US$ 70; blames speculation
A weak dollar and geopolitical problems are fueling the speculative bubble in oil markets which should be trading at around half the current price of a barrel said on Monday, OPEC President Chakib Khelil.
More losses and fresh funding for US banking system
United States investment bank Lehman Brothers is raising 6 billion US dollars to boost its finances after predicting a loss of 2.8 billion in the second quarter of 2008.
Dead penguins and oil covered found on Uruguayan beaches
Dozens of dead penguins and others alive but with traces of oil appeared over the weekend along the east of Uruguay according to a marine life conservation non government organization.
Uruguay to make oil potencial presentation in Rome
Uruguay hopes to attract the interest of global oil corporations when it makes a first tentative presentation of recent seismic survey data from its continental shelf next Thursday at the European Association of Geoscientists and Engineers meeting in Rome.
