Stories for June 24th 2004

Thursday, June 24th 2004 - 21:00 UTC

“Sex market” controversy involves USS Reagan.

Valparaiso is not “Sodom and Gomorra” said Chilean governor Ivan de la Maza flatly rejecting that the country's main port is about to become the biggest “sex market” when the large USS Ronald Reagan aircraft carrier arrives this week end.

Thursday, June 24th 2004 - 21:00 UTC

South Atlantic fisheries “over exploited”.

Argentina flatly refused European Union access to the South Atlantic fisheries given the delicate situation of the resource which is “over exploited”.

Thursday, June 24th 2004 - 21:00 UTC

Sharks next to Brazilian top beaches.

The catch of ten sharks in waters close to Buzios, one of Brazil's renowned international sea resorts, has caused deep concern among Rio do Janerio authorities.

Thursday, June 24th 2004 - 21:00 UTC

IMF warns about oil, but still optimistic.

IMF Managing Director Rodrigo Rato warned this week about the risks of high oil prices for global growth but said inflationary pressures in the main economies have not appeared.

Thursday, June 24th 2004 - 21:00 UTC

China and Chile draft trade agreement.

China and Chile will conclude next September a technical paper assessing the impact for both countries economies of a potential free trade agreement.

Thursday, June 24th 2004 - 21:00 UTC

Vessel in “Falklands area” involved in labour dispute.

A formal request from the maritime agent of the fishing vessel “Globalpesca 1”, currently fishing in the Falkland Islands area will enable the discharge of an injured seaman immobilized since early June, reports Punta Arenas La Prensa Austral.

Thursday, June 24th 2004 - 21:00 UTC

Pasture improvement in Tierra del Fuego.

A group of ten Tierra del Fuego farmers with 100,000 sheep and 150,000 hectares are involved in a pasture improvement project with support from Chile's Development Corporation and other aid programs.

Thursday, June 24th 2004 - 21:00 UTC

Greenland seeks full independence.

Greenland which is celebrating the 25th anniversary of autonomous government from the kingdom of Denmark is also preparing for full independence, a target supported by 80% of the 56,000 population.

Thursday, June 24th 2004 - 21:00 UTC

New oil company to explore offshore South and East Falklands.

Falkland Islands Holdings PLC (“FIH”) announced this Wednesday that in conjunction with its joint venture partners, Global Petroleum Limited (?Global') and Hardman Resources Limited (?HRL'), that it has reached agreement with RAB Special Situations Fund, a fund managed by AIM listed hedge fund manager, RAB Capital plc (?RAB') to fund the next 12 to 18 months work on their petroleum exploration licence offshore the Falkland Islands.