Stories for March 22nd 2010

Monday, March 22nd 2010 - 23:39 UTC

Argentine hake fishery and markets at risk because of over-fishing, says NGO

Eighty per cent of adult hake have disappeared from the Argentine sea as a result of overfishing, FVSA states.

Argentina could lose 40% of its fish market if hake (Merluccius hubbsi) captures do not follow new requirements imposed by the European Union (EU) to import fish and shellfish, warned the Wild Life Foundation Argentina, (FVSA).

Monday, March 22nd 2010 - 21:25 UTC

All set for Insulza’s re-election in OAS; Piñera flies to Washington in support

Jose Miguel Insulza has 29 votes, 12 more than those needed to confirm him

With a few hours left before the election of a new Secretary General for the Organization of American States, OAS, which has as only candidate Chilean Jose Miguel Insulza running for re-election, Chilean Foreign Affairs minister Alfredo Moreno said that support from United States is “welcome”.

Monday, March 22nd 2010 - 21:21 UTC

Drastic reduction of glaciers in the Northeast sector of Antarctic Peninsula

A “World Water Day” is celebrated March 22 around the globe

There is a continuous and drastic reduction in all of the glaciers located in the Northeast sector of the Antarctic Peninsula,” Argentine glaciologist Pedro Skvarca told local media last week.

Monday, March 22nd 2010 - 21:13 UTC

British Airways says three-day strike has cots £ 21 million

According to BA, many staff crossed picket lines and was working

British Airways has said Unite's three-day strike will have cost it £21 million under its “current best estimate”. BA also said that contingency plans to cope with the strike had been “very successful” and that results for the year to March 31 would be “broadly unchanged”.

Monday, March 22nd 2010 - 21:08 UTC

“Slow and sluggish” UK economy in 2010 forecasts British Industry

Chancellor Alistair Darling still short of £ 10 billion says CBI

The UK economy is in for a “bumpy ride” in 2010, according to a report from the UK's largest employers' group. Growth will remain fragile and the economy will be “slow and sluggish” as Government stimulus measures - like the VAT cut and the car scrappage scheme - are phased out, the Confederation of British Industry (CBI) said.

Monday, March 22nd 2010 - 21:05 UTC

Latinamerica leads in distribution of free laptops for schoolchildren

Uruguay was the first country in the world to give each schoolchild a laptop

The massive delivery of free laptops for schoolchildren -- begun on an experimental basis nearly three years ago in Uruguay -- is booming throughout Latin America.

Monday, March 22nd 2010 - 21:01 UTC

Pepsi promises to help with campaign to fight childhood obesity

US First Lady Michelle Obama is campaigning for healthier food

The world's second-largest food and beverage company says it will reduce the saturated fat, sodium, and sugar in its products to make them more nutritious.

Monday, March 22nd 2010 - 20:53 UTC

IDB agrees to 70 billion USD capital increase and condones Haiti’s debt

IDB president Luis Alberto Moreno during the press conference

The Inter American Development Bank’s (IDB) board agreed to a 70 billion US dollars capital increase, an amount that should allow the organization to lend 12 billion a year, bank President Luis Alberto Moreno said during the annual meeting in Mexico.

Monday, March 22nd 2010 - 20:50 UTC

Petrobrás second most profitable corporation in US and Latam

Chief financial officer Almir Barbassa said Petrobras is planning to invest 220 billion USD in next five years.

Brazilian Government managed energy corporation Petrobras was the second most-profitable company in the US and Latin America in 2009, even ahead of corporations such as Microsoft according to a study released Monday.

Monday, March 22nd 2010 - 11:18 UTC

US Congress passes Barack Obama's historic health care reform bill

Barack Obama has convinced Democrats in the US Congress to pass his historic health care reform bill, handing the president a victory that will give nearly every American the right to health coverage and could define his time in office.

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