Stories for January 27th 2010

Thursday, January 28th 2010 - 06:30 UTC

Chile completes modernization of air power with 44 F16s

General Ricardo Ortega says the country has the power to hit back and strongly

Chilean Defence minister Francisco Vidal and Air Force Commander General Ricardo Ortega announced this week that Chile had completed the renovation of its air power with the purchase of 18 F-16s from Holland, 12 Brazilian Super Tucano for training purposes, three KC 135 transport aircrafts and 12 Bell 412 helicopters.

Thursday, January 28th 2010 - 05:59 UTC

Lula da Silva thinking of a banker for the October presidential ticket

Henrique Meirelles, the influential Central Bank president considered one of the architects of Brazil’s current stability

Brazilian president Lula da Silva is considering supporting a renowned banker such as Central Bank governor Henrique Meirelles, to complete his Workers Party ticket for next October’s presidential election which is expected to be headed by cabinet chief Dilma Rousseff, according to press reports in Sal Paulo.

Thursday, January 28th 2010 - 05:56 UTC

Argentine hoki fishery signs up for MSC certification

Hoki has become a leading fisheries export product for Argentina

The hoki (Macruronus novaezelandiae magellanicus) trawl fishery operating in the Argentine Economic Exclusive Zone and adjacent waters entered full assessment to be considered for Marine Stewardship Council (MSC) certification. It is the second South American fishery to officially seek MSC certification of sustainability.

Thursday, January 28th 2010 - 05:52 UTC

Santiago de Chile pollution has doubled in eight years

The construction industry and the growing number of cars, main causes

A new study by Universidad de Santiago de Chile (USACH) shows fine particulate matter from construction and traffic has more than doubled in the Santiago metropolitan region over the past eight years.

Thursday, January 28th 2010 - 05:49 UTC

Argentine beef exports soared 57% last year but trend “is not sustainable”

Cattle extraction last year totalled 16 million when the average number is 12 million head

Argentine beef exports last year soared 57% in volume and 11% in value compared to 2008, having totalled 419.000 tons and 1.65 billion US dollars according to an official release from the country’s National Food Health and Quality Service, Senasa.

Thursday, January 28th 2010 - 05:41 UTC

“Super Charlie”, 7 year-old from London collects £ 200.000 for Haiti

Charlie Simpson congratulated by Sarah Brown at 10 Downing Street

Seven-year-old Charlie Simpson, from west London, met on Wednesday British Prime Minister's wife at 10 Downing Street after raising more than £200,000 for earthquake victims in Haiti.

Thursday, January 28th 2010 - 05:37 UTC

US teenagers aged 16 to 19 unemployment stands at 26%

One out of five US black men, aged 20 to 24, out of a job and of school

The United States economic recession has taken a particularly heavy toll on young US citizens, with a record one out five black men aged 20 to 24 neither working nor in school, according to research released.

Thursday, January 28th 2010 - 05:33 UTC

Brazil signs agreement to purchase 10 billion USD in IMF notes

This is the first time ever Brazil becomes an IMF creditor

The Brazilian government and the International Monetary Fund signed a technical agreement under which Brazil will buy up to 10 billion USD in IMF notes over the next two years.

Thursday, January 28th 2010 - 05:32 UTC

Air Seychelles begins operating Brize Norton-Falklands Air Bridge

The company has a long experience with Boeing 767s and flying to island locations

Seychelles President James Michel has welcomed the announcement by Air Seychelles that it has begun operations to the Falkland Islands as part of a contract with the UK Ministry of Defense.

Thursday, January 28th 2010 - 05:24 UTC

Apocalyptic forecast about G-7 countries from investment advisor

Pimco’s Bill Gross recommends Asia; UK assets are a “must to avoid”

A top investment advisor has described Britain's economy as a 'must to avoid' and says 'gilts are resting on a bed of nitro-glycerine'. Bill Gross, manager of the world's biggest bond fund Pacific Investment Management Co made the comments as he warned investors to shy away from government debt, especially in the G7 industrialised nations.

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