Stories for October 2008
Headlines: 'Positive and constructive' two days at the OTCC; Ocean 8 cleaned but still leaking; FIRS goes global; Broadband goes rural; Your Views about Penguin News!
Iron ore miners face the prospect of the first price cut in seven years as steel production in China and elsewhere plunges amid the global downturn. The iron ore market has turned from a seller's market to a buyer's market, according to traders
Air Comet which has been flying to Punta Arenas in the extreme south of Chile since December 2004 will cease to operate in the area after having reached a commercial and operational alliance with Sky Airline.
Mercosur country member Paraguay broke the Guinness World Record Sunday October 26 for the world's largest one day open-air barbecue.
Unemployment in Chile's extreme south region of Magallanes remained almost unchanged during the third quarter confirming it as the lowest in the country with 1.7%, compared to the national average of 7.8%.
Universidad del Mar (University of the Sea), a private institution from Punta Arenas inaugurated this week its new facilities plus the signing of an academic cooperation agreement with Chile's Fisheries Department to promote the industry in Magallanes, particularly small scale undertakings.
The Royal Falkland Islands Police confirmed that they had made a seizure of cocaine worth over one million pounds from a fishing vessel co-owned by Spanish and local company.
Secretary-General Ban Ki-moon issued on Friday a call for a continuation to the halt to fighting announced by rebel militia leader Laurent Nkunda, stressing the heavy humanitarian toll of the violence which has engulfed the east of the Democratic Republic of the Congo (DRC).
Argentina Economy Ministry sources reacted angrily to a debt ratings downgrade by Standard & Poor's on Friday saying it was another mistaken decision. S&P downgraded Argentina's foreign-currency rating to B- from B.
The first Venezuelan telecommunications satellite was launched Wednesday from the western Chinese province of Sichuan. The 3.1 ton satellite, named after Latin American liberator Simon Bolivar, was built by China at a cost of 406 million dollars and puts Venezuela in the region's space club which includes Brazil and Argentina.