Stories for June 2009
Argentina’s industrial production falls for fifth month running
Argentine industrial production fell 1.7% in May from a year earlier and was down 0.2% on the month, according to the latest release from the country’s Statistics Institute. This is the fifth month running that industrial production has been contracting.
Wind farm energy for Chile’s giant state owned copper company
Chilean state-owned copper company CODELCO Norte presented this week plans for a 700 million US dollars wind farm to the National Environmental Commission (CONAMA).
Brazilian pre-salt reserves extraction costs in the range of 40 USD per barrel
Brazilian government managed Petrobras said this week that production from the massive oil fields deep below the ocean floor off Brazil’s Atlantic coast was viable at 40 US dollars for a barrel for benchmark Brent crude.
Argentina/ Chile react differently to Brazil’s travel warning on flu
Argentina and Chile reacted differently to this week’s advice from the Brazilian government against travelling to A/H1N1 virus flu-stricken Argentina and Chile by people older than 60 and younger than 2 as well as those with weakened immune systems.
Former Falklands Chief Executive becomes a clergyman
A former Chief Executive of the Falkland Islands government is to become a clergyman in the Yorkshire Dales. Michael Blanch is to serve as curate at Askrigg united with Stallingbusk, according to press reports from North Yorkshire.
UK cocaine capital of Europe; one in 100 Londoners “problem drug user”
The United Kingdom is the cocaine capital of Europe, the United Nations has said. The UN Office on Drugs and Crime said the UK was Europe's largest cocaine market - with more than one million regular users.
Canadian oil company begins exploration drilling in Patagonia’s San Jorge basin
Canada’s Crown Point Ventures Ltd announced that in early to mid July it expects to be commencing the drilling of a three well exploration drilling program at El Valle in the San Jorge basin of Argentine Patagonia.
Washington and Venezuela agree to re-establish their ambassadors
Venezuela and United States will be re-establishing their ambassadors in the coming days, confirmed on Wednesday Venezuelan Foreign Affairs minister Nicolas Maduro Ambassadors Bernardo Alvarez and Patrick Duddy were withdrawn last September when hostility between President Hugo Chavez and former President George Bush climaxed following years of disagreements and diplomatic clashes.
Paraguay hosts global conference to eradicate FMD in poor countries
Paraguayan president Fernando Lugo opened Wednesday in Asuncion the world conference on “Foot and Mouth Disease; the way towards global control” organized by FAO and the World Organization for Animal Health, OIE.
US recession “slowing” but economy is expected to remain weak, says Fed
The United States Federal Reserve kept interest rates unchanged on Wednesday and said that the recession in the US is “slowing” but “economic activity is likely to remain weak for a time”.
