Friday, July 9th 2010 - 00:12 UTC

EU promises support for farmers in event of trade agreement with Mercosur

EC Trade Commissioner Karel De Gutch has much convincing ahead

The European Commission underlined the significance of negotiations for an association and trade agreement with Mercosur and promised EU farmers “accompanying measures” for those sectors most affected, if a deal with the South American block is finally closes.

Thursday, July 8th 2010 - 07:59 UTC

EU court ruling favours Argentina in dispute with Monsanto over soy-seed patent

United States Monsanto Co., the world’s biggest seed company, can’t use a European patent on its Roundup Ready soybeans to block Argentinean soy meal imports, the European Union’s highest court said Wednesday.

Thursday, July 8th 2010 - 07:56 UTC

FAO establishes new standards for melamine in infant food and animal feed

The maximum amount of melamine allowed in powdered infant formula is 1 mg/kg and the amount of the chemical allowed in other foods and animal feed is 2.5 mg/kg, according to new rulings from the United Nations' food standards body, Codex Alimentarius Commission.

Thursday, July 8th 2010 - 01:53 UTC

Asia needs to double food production in the next decades warns FAO

Director-General Dr. Jacques Diouf of UN Food and Agriculture Organization

Philippines-based Asian Development Bank (ADB) is encouraging developing economies in Asia and Pacific to boost their investment in the agriculture sector to address the widespread hunger and cushion billions of people from future spikes in food prices.

Thursday, July 8th 2010 - 01:32 UTC

China rules out ‘nuclear option’ of dumping vast holdings of US Treasury bonds

China has 2.45 trillion US dollars in international holdings, most of which is US bonds

China ruled out the “nuclear” option of dumping its vast holdings of US Treasury securities but called on Washington to be a responsible guardian of the dollar.

Thursday, July 8th 2010 - 01:27 UTC

Falklands’ Fisheries scientists discover mating habits of deep-sea squid

Male O. ingens with erect penis and ejaculated spermatophores on table (penis is white tubular structure in lower half of the picture). Photo taken by Dr Alexander Arkhipkin.

The mating habits of deep-sea squid have been revealed for the first time, after the discovery of a male squid with a huge elongated and erect penis, according to an article from the BBC credited to Matt Walker, Editor, Earth News.

Wednesday, July 7th 2010 - 06:50 UTC

Mrs. Kirchner to Beijing to mend trade relations with China

The Argentine president will sign trade agreements for 10 billion US dollars and hopefully reopen the market of soy-oil

Argentine president Cristina Kirchner will be signing 10 billion US dollars in trade agreements with China during her official visit to the Asian giant scheduled to begin next July 13, according to Foreign Affairs minister Hector Timerman.

Wednesday, July 7th 2010 - 06:42 UTC

Moreno re-elected president of the Inter American Development Bank

The re-elected president steered the bank through the worst global crisis in decades

Luis Alberto Moreno was re-elected president of the Inter-American Development Bank today during a special meeting of the IDB Board of Governors at the Bank’s headquarters in Washington, D.C.

Wednesday, July 7th 2010 - 06:19 UTC

Argentina, Brazil, Spain leaders offer to mediate in Middle East conflict

Syrian president Bashar al-Assad with Rodriguez Zapatero

The European Union and Latinamerica could play a crucial role in helping solve the Middle East conflict said Syrian president Bashar al-Assad following an offer from Spanish president Jose Luis Rodriguez Zapatero to mediate in a Damascus-Israel dialogue.

Tuesday, July 6th 2010 - 09:32 UTC

Economist predicts slow recovery from the crisis and major shift in world power

Enrique Iglesias, former president of the Inter American Development Bank

The Secretary General for Ibero-America and former president of the Inter American Development Bank, IDB, Enrique Iglesias warned Monday that exiting the current global crisis will be “much slower than was anticipated” and will give greater emphasis to “more government and less markets”.


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