Stories for February 2012

Wednesday, February 1st 2012 - 06:59 UTC

Well managed marine sectors to promote a “Green economy in a blue world”

More than 40% of the global population living within 100 kilometres of the coast

Healthy seas and coasts would pay healthy dividends in a green economy, according to a report released by several United Nations Programs, the International Maritime Organization and a group of environmental groups that highlights the huge potential for economic growth and poverty eradication from well-managed marine sectors.

Wednesday, February 1st 2012 - 06:55 UTC

Brazil’s Petrobras admits second oil spill in less than a week

Corporation admits it is not possible to estimate how much oil leaked

Brazil's state-run energy giant Petrobras on Tuesday reported that 160 barrels of crude oil may have spilled from a deep-water well off Sao Paulo state but said the situation was under control.

Wednesday, February 1st 2012 - 06:44 UTC

Argentina condemns the UK for its ‘bullying patriotism’ in the Malvinas dispute

The release also regrets the arrival of Prince William in a ‘conqueror’s uniform’ and not with the wisdom of a statesman

Argentina condemned the announcement of the arrival of state of the art HMS Dauntless, a British warship, to the Falklands/Malvinas Islands and urged the UK to “avoid falling in the temptation of engaging in discourse that transforms patriotism in bullying patriotism.”

Wednesday, February 1st 2012 - 06:41 UTC

Shanghai targets to become a global financial centre by 2015

The city is the hub of financial and trade activity in the world’s second economy

China’s bustling Shanghai is striving to become a global financial centre by establishing its leading position in the trading of Yuan-denominated financial products, according to a state plan, said authorities of Shanghai financial services on Tuesday.

Wednesday, February 1st 2012 - 06:34 UTC

Canadian mining company says it wants a “social licence” for controversial project in Argentina

The project has encountered mounting resistance from residents protesting the use of cyanide to extract mainly gold

The Canadian Osisko mining corporation has suspended a gold mining project in Argentina after protests by locals. Osisko said on Tuesday it would put its operation in north-western La Rioja province on hold if it did not get the backing of the local population which has been protesting for weeks.

Wednesday, February 1st 2012 - 06:24 UTC

Brazil’s December industrial production brings hope after a dismal 0.3% for 2011

Investment in infrastructure is vital for Brazilian development

Rising output at Brazil's factories and mines in December, following a dismal 2011 performance, should help activity in 2012 as falling interest rates and rising investment help sustain growth in Latin America's largest economy

Wednesday, February 1st 2012 - 00:09 UTC

Rousseff downplays human rights issue during her visit to Cuba

The Brazilian president favours a strategic cooperation with Cuba

Visiting Brazilian President Dilma Rousseff refused to criticize Cuba’s human rights record on Tuesday, saying the issue should not be used to score ideological points.

Wednesday, February 1st 2012 - 00:06 UTC

Chilean police arrests gang that stole five tons of glacier ice

The Jorge Montt glacier is melting at a rate of one kilometre per year

Police were investigating a criminal gang that allegedly stole blocks of ice from the Jorge Montt Glacier in southern Chile.

Wednesday, February 1st 2012 - 00:01 UTC

System of rivers beneath Antarctica’s frozen surface found by Brazil/Chile team

Ricardo Jana from the Chilean Antarctic Institute Glaciologist, “a very special phenomenon”

A team of Brazilian and Chilean scientists set out to investigate the effects of global climate change deep in the Antarctic continent say they have discovered a surprising system of rivers beneath the frozen surface.

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