Stories for October 6th 2011

Thursday, October 6th 2011 - 22:10 UTC

FAO anticipates ‘tight’ cereal markets in 2011/12 and lower prices

The monthly food price index fell 2% in September mostly on lower prices for grains sugar and oils

Despite improved production prospects, world cereal markets are likely to remain fairly tight in 2011/2012, FAO announced this week. Prices on the other hand will tend to decline as a result of softer demand because of worsening economic conditions.

Thursday, October 6th 2011 - 21:59 UTC

Boost for cruise industry: vessels can operate casinos in Chilean waters

A great day for the Chilean tourism industry said Jacqueline Plass

The Chilean Senate unanimously approved this week the bill allowing cruise vessels to operate their onboard casinos while sailing in Chilean waters.

Thursday, October 6th 2011 - 21:14 UTC

Mercosur countries rank poorly in Forbes’ “Best Countries for Business”

The best ranked in Latam in Chile, 24

Mercosur full members (Argentina, Brazil, Paraguay and Uruguay) rank poorly in the Forbes magazine annual Best Countries for Business, with the best listed, Chile and Peru, in positions 24 and 42, out of 134 countries surveyed worldwide.

Thursday, October 6th 2011 - 20:37 UTC

Falklands have the highest rate of network use in the world, says IMI

Port Stanley, nice and quiet, everybody is on the internet  (Photo Chris Smith)

According to a report released by the Internet Market Institute, the highest rate of network use in the world is in the Falkland Islands. Taiwan ranked number 35 on the list and was number 5 in Asia, reports the Taiwan News.

Thursday, October 6th 2011 - 20:25 UTC

Chile purchases UAV from Israel for border control of contraband and drugs

Defence minister Andres Allemand confirmed the operation

Chile confirmed it had purchased Israeli manufactured Unmanned Aerial Vehicles (UAV) which will be used for border surveying to control contraband and drugs. However the UAV won’t be operational for at least another two years.

Thursday, October 6th 2011 - 20:20 UTC

Democratic and institutional qualities have dropped in Latam since 2009

The Adenauer foundation says governments emerged financially strong from 2009 and have advanced with patronage webs to the loss of citizens’ freedoms

Latin America managed economic and social advances since the 2009 international crisis but not in democratic or institutional qualities for the common citizen, according to a report from the German foundation Konrad Adenauer, released this week in Mexico.

Thursday, October 6th 2011 - 18:04 UTC

Dangerous skirmishes anticipated when Japan begins Antarctica whaling season

Paul Watson promises “Divine Wind Operation” to save the whales from Japanese hunters

New Zealand joined Australia in criticizing Japan’s decision to resume whaling in Antarctic waters later this year and Tokyo's announcement that it will increase security for its whaling fleet.

Thursday, October 6th 2011 - 17:55 UTC

Wikileaks head will participate, via videoconference, in IAPA assembly in Lima

Julian Assange will also discuss the role of Murdoch’s News of the World

Inter American Press Association (IAPA) reporters, editors and publishers will hear first-hand and discuss exactly what motivated Julian Assange to release secret diplomatic cables through Wikileaks, a Web site that as a source of information has gained as many followers as detractors.

Thursday, October 6th 2011 - 17:50 UTC

IPI calls for Latam authorities to protect 12 journalists that received death threats

Argentine journalists exposing abuse of indigenous tribes and cronyism between drug lords and local authorities have been targeted

The International Press Institute warned in Vienna of the dangerous situation that twelve Latin American journalists are undergoing having received death threats, and called con authorities to take measures and avoid further killings.

Thursday, October 6th 2011 - 17:41 UTC

ECB takes the first step of an anticipated major effort to bolster EU banks

It was Trichet’s last meeting since next month Mario Dragui takes over

The European Central Bank is offering new emergency loans to banks to help steady the Euro zone's financial crisis. The new funding, worth about 40bn Euros would enable banks to draw down one-year loans.

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