Parts of the city of Buenos Aires were covered in snow on Wednesday as temperatures plummeted to below zero in most of Argentina. Snow was reported in the provinces of Rio Negro, San Luis, San Juan and Cordoba and along most of the Buenos Aires province coastline.
Magnasco, one of the oldest dairy farms in Argentina with a history of more than 50 years has ceased activities and will dedicate its farmland to potatoes. The family business which owns four dairy farms and rents another five took the drastic action because “there’s no way of making of profit” with the erred agriculture policies from the administration of the Kirchner couple.
The leaders of G8 believe the world economy still faces significant risks and may need further help, but macro-economic stimulus “must be consistent with price stability and medium-term fiscal sustainability” according to summit documents that also reflect failure to agree climate change goals for 2050.
South America’s soy bean reserves suffered a strong reduction following recent sales while the global supply could be affected depending on the US crop and weather in the northern hemisphere according to Oil World latest forecast
The International Union for the Conservation of Nature (UICN) last week identified a “Red List” of nearly 17,000 plant and animal species in danger of disappearance, and 800 species already extinct.
Chinese Deputy Foreign Minister He Yafei said on Sunday the US dollar would continue to be the world's leading reserve currency for years to come. The announcement comes before this week’s summit of the Group of Eight in Italy.
Earlier this week we published the position of CLIA, Cruise Lines International Association on some of the possible effects of the heavy fuel oil ban in Antarctic water for the industry, if the initiative is passed and approved by the International Maritime Organization.
The potential catastrophic effect of the Antarctic heavy fuel oil ban on the Falkland Islands economy is to be impressed on the British Government by Falklands’ politicians.
Chile’s Inter-ministry Committee of Hydro Resources thinks it has the solution for the water shortage problems facing the northern city of Copiapo (Region III).
Britain could experience a heat-wave next week, the Met Office and the Department of Health said on Friday. Temperatures could reach 32C (89.6F) in London on Monday and Tuesday, with other parts of the country also enjoying prolonged sunshine.