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Stories for April 18th 2005

• Monday, April 18th 2005 - 21:00 UTC

  G-7 ask China, and Asian nations, to revalue currencies

  The G-7 meeting of Finance Ministers and Central Bank presidents in Washington considering actions to reduce global economic imbalances, have asked China and other Asian nations to adopt a more flexible currency system.

• Monday, April 18th 2005 - 21:00 UTC

  Falkland Islands oil exploration to resume shortly.

  According to the Directors of the oil company Desire Petroleum there are at least One Billion barrels of oil waiting to be exploited in an area north of the Falkland Islands.

• Monday, April 18th 2005 - 21:00 UTC

  Giant iceberg changes Antarctic geography

  One of the largest icebergs ever seen and drifting in Antarctica, B-15A last week broke a five kilometres piece of the continent after colliding with the Drygalski ice tongue, forcing the redrafting of Antarctic maps.

• Monday, April 18th 2005 - 21:00 UTC

  Imminent closure of squid fishery.

  The imminent closure of the Auckland Islands squid fishery after a report that it has killed over 100 sea lions this year highlights the need for the fishery to change its fishing method, according to Forest and Bird.