Stories for September 9th 2011
Deep sea fishing is ‘unsustainable’; efforts should concentrate on ‘productive local waters’
A team of marine scientists is urging an end to most commercial fishing in the deep sea and instead recommending fishing in more productive and local waters. In their analysis published online in the journal ‘Marine Policy’, the team shows that all deep-sea fisheries are unsustainable.
Argentina to propose temporary increase of some import tariffs in Mercosur framework
Argentina is considering a temporary increase of tariffs on some imports, following on Brazil’s steps, but is also thinking of a formal proposal to its Mercosur partners.
Mercosur and Mexico auto industry agree to jointly compete with Asia
Mercosur and Mexico signed an agreement which virtually liberates all bilateral auto industry trade and opens prospects for joint undertakings world wide. The event took place in Montevideo, administrative capital of Mercosur.
Falklands’ government names Public Relations and Media Manager
The Falkland Islands Government announced Thursday the appointment of Darren Christie to the post of Public Relations and Media Manager.
Four seriously injured when Korean fishing vessel catches fire in Montevideo
Four crewmen seriously injured and a total loss was the result of a fire that broke out Thursday night in a Korean flagged fishing vessel docked in the port of Montevideo and was still burning Friday morning.
ECB sovereign bond purchasing policy splits ECB; Germans quit in protest
The European Central Bank in Frankfurt confirmed in a Friday afternoon statement that its chief economist and executive board member Jürgen Stark had resigned “due to personal reasons.”
Small shareholders question Pemex stake doubling in Repsol-YPF
A group representing minority shareholders asked Spain’s CNMV stock market regulator to investigate the recent move by Mexican state oil company Pemex to double its stake in Spanish energy giant Repsol-YPF.
UK will reinforce and expand presence in Latin America, says Hague
The UK will reinforce and expand its diplomatic presence in Latin America beefing up embassies and reopening others that have been closed in recent years, said Foreign Secretary William Hague.
Oil discovery off French Guiana, “mirror” of Jubilee field off Ghana, says Tullow
Tullow Oil has announced an oil discovery from an exploration well off the coast of French Guiana. The drilling encountered 72 metres of net oil pay in two turbidite fans.
Venezuela blasts US for drug-listing four close aides of President Chavez
Venezuela strongly rejected on Thursday US sanctions against four close political allies of President Hugo Chavez as a “new action that is part of the permanent aggression Venezuela” by the United States.
