Stories for July 12th 2006

Wednesday, July 12th 2006 - 21:00 UTC

Chile furious with Argentina's “discriminatory” fuel prices

Argentina's decision to increase fuel prices in frontier areas to vehicles with foreign plates was described Tuesday by Chilean president Michelle Bachelet as “inconceivable” and contrary to the integration path the region pretends.

Wednesday, July 12th 2006 - 21:00 UTC

World Population Day: UN calls for narrowing rich/poor gap

From its Headquarters in New York to hotspot frontlines like Afghanistan, the United Nations marked on Tuesday World Population Day with the focus on the more than 3 billion young who represent nearly half of Earth's people and calls to answer their demand to narrow the gap between rich and poor.

Wednesday, July 12th 2006 - 21:00 UTC

Bush optimistic about cutting the budget deficit

The United States federal budget deficit is forecasted to drop below 300 billion US dollars by next September 30, announced the White House attributing the improvement to President Bush administration's tax cutting policy.

Wednesday, July 12th 2006 - 21:00 UTC

UN support for expedition probing Arctic climate

With the world's polar regions playing on a global scale the role of a canary in a coal mine ? providing early warnings on human-induced climate change, the thinning of the ozone layer and the impact of persistent chemical pollution ? the United Nations is supporting a two-year scientific mission to the Arctic that got underway Tuesday.

Wednesday, July 12th 2006 - 21:00 UTC

UK Fair Trading Office scrutinizes salmon industry

The United Kingdom Office of Fair Trading has referred the anticipated acquisition by Norway's Pan Fish ASA of its competitors Marine Harvest NV and Fjord Seafood to the Competition Commission, CC.

Wednesday, July 12th 2006 - 21:00 UTC

“Argentina cannot be trusted”, says South Atlantic Council

“It is unrealistic at this time to press for negotiations on Falkland Islands sovereignty”, furthermore Argentina has proved that “it cannot be trusted to respect agreements entered into” according to the Secretary of the South Atlantic Council, Alastair Forsyth.

Wednesday, July 12th 2006 - 21:00 UTC

Chile's Argentine gas bill soars 50 to 75%

Chile's natural gas bill will increase by 130 million US dollars from now until the end of 2006, following Argentina's decision to leave its domestic prices unchanged and “pass on” to Chile the new Bolivian gas price structure.

Wednesday, July 12th 2006 - 21:00 UTC

Deadly storm batters central and southern Chile

Ten people dead, nine disappeared and over 28.000 displaced is the primary Wednesday morning balance of the torrential rains which have been punishing central and south Chile since late Tuesday and are forecasted to continue.