Stories for October 3rd 2011

Monday, October 3rd 2011 - 22:08 UTC

Aerolíneas Argentinas among the top short list of money loosing air carriers

The more the Argentine flag carrier flies the more money it looses

Aerolíneas Argentinas is estimated to have lost in the last twelve months 486 million dollars which puts her among the air carriers with greatest losses in the world. Only Air India, also government managed, but with 30.000 staff (three times her Argentine counterpart) dilapidated 1.2 billion dollars and Kuwait Airways, 564 million dollars

Monday, October 3rd 2011 - 22:05 UTC

Half a million sheep dead in Patagonia because of the volcanic ash

Unable to feed, with an extra weigh of ash mingled in the wool, sheep are condemned

Half a million sheep have already died in Argentine Patagonia as a result of the eruption of the Chilean volcano Puyehe, which has covered most fields in the province of Chubut with a film made of a mix of mineral ash.

Monday, October 3rd 2011 - 21:43 UTC

Overly restrictive fiscal measures unlikely to solve EU crisis, warns Rousseff

The Brazilian president with Belgium PM Leterme during talks in Brussels

Overly restrictive fiscal measures are unlikely to solve the European Union's debt crisis, Brazilian President Dilma Rousseff said on Monday in Brussels in the sidelines of the V strategic meeting between the European Union and Brazil.

Monday, October 3rd 2011 - 21:33 UTC

S&P tells UK to stick to plans to cut budget deficit if not credit ratings could be reviewed

The release came when Finance minister George Osborne was addressing the Conservative Party's annual conference

Britain's prized triple-A sovereign debt rating could come under pressure if the government strays from its path of public deficit cuts in the face of weaker growth, credit agency Standard & Poor's said on Monday.

Monday, October 3rd 2011 - 21:29 UTC

Gillnets pushing Maui dolphins towards extinction says marine experts

Liz Slooten, from Otago University in New Zealand

The world's most endangered sea dolphins are sliding towards extinction in the face of damaging fishing methods, experts are warning. Hector's dolphins are found only around New Zealand, where the population has fallen from 30,000 to around 7,000 since nylon fishing nets came into use in the 1970s, a conference on marine bio-diversity in Aberdeen will hear on Thursday.

Monday, October 3rd 2011 - 21:13 UTC

“Chavez preaches Socialism but spends like a rich capitalist”, Venezuela Transparency

The opulence of presidential spending contrasts with the daily misery of common citizens

One morning October last year two agents from the Venezuelan presidency cabinet left on a special mission from the Miraflores Palace (seat of the Executive). They headed a few blocks away to the Central Bank to pick up five million dollars cash, expenses-money for the coming international tour of President Chavez to Moscow, Kiev, Teheran, Damascus and Tripoli.

Monday, October 3rd 2011 - 16:57 UTC

Denmark taxes food with more than 2.3% of saturated fat

The Scandinavian country is known for its butter and bacon

In a bid to encourage healthier eating among its citizens, Denmark has introduced a tax on foods containing more than 2.3% saturated fat. As from last Saturday, all such products in Denmark now carry a tax to the tune of 16 Danish krone (2.86 dollars) per kilogram of saturated fat that goes into making them.

Monday, October 3rd 2011 - 08:07 UTC

Brazil props defence industry by reducing taxes, but demands more exports

Some of the armoured vehicles manufactured in Brazil and popular in emerging countries

Brazilian President Dilma Rousseff signed a bill exempting defence companies from taxes for five years. The measure is geared to prop the defence industry and reduce the share of imported equipment for the armed forces.

Monday, October 3rd 2011 - 08:01 UTC

US with highest poverty levels in 52 years: 46.2m including 14.7m children

To qualify for food aid, a single person's income cannot exceed 1.180 US dollars per month

Poverty in the United States has grown steadily in the past few years. According to the US Census bureau, 46.2 million people lived in poverty in 2010, the highest in the 52 years poverty estimates have been published.

Monday, October 3rd 2011 - 07:57 UTC

Rare Dolan ram has a going price in China of £ 1.4 million

A Dolan can reach maturity, and weigh some 200lbs, after just six months.

Only 1,000 Dolan sheep exist in the world, according to breeders, and their extraordinary features have made them the latest collectors' item for ultra-rich Chinese, writes the Daily Telegraph.

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