Stories for October 6th 2006

Friday, October 6th 2006 - 21:00 UTC

Penguin News Update.

Headlines:
Terry honoured; Consultation begins on school structure; Late plea change in vandalism case; Underage sex: youth detained; Mental Health site;

Briefly
FCO man to visit; Sunday is Census night; Rapier Squadron says goodbye; Protect yourself from the sun.

Friday, October 6th 2006 - 21:00 UTC

China and Latinamerican growing links

The accumulated investment of Latinamerican companies in China reached 56.9 billion US dollars at the end of last year according to data released by the official news agency Xinhua in Beijing.

Friday, October 6th 2006 - 21:00 UTC

Petrobras confirms light crude in Santos Basin

Brazilian government owned oil giant Petrobras confirmed this week the existence of light crude and natural gas deposits in the Santos Basin, 280 kilometers offshore Rio do Janeiro, located under a thick layer of salt at a depth of 2.140 meters.

Friday, October 6th 2006 - 21:00 UTC

I falsify, you falsify, we all falsify?

European Union business organizations claimed Thursday Argentina, Brazil, Chile and Paraguay were among the countries most involved in falsifying trade marks and manufacturing falsified products.

Friday, October 6th 2006 - 21:00 UTC

White House agrees with Fed's growth slowdown forecast

The United States economy will experience a slight slow down as the once-surging housing market cools but overall growth will soon bounce back, White House economic adviser Al Hubbard said on Thursday.

Friday, October 6th 2006 - 21:00 UTC

OPEC divided over a formal cut of oil output

Oil prices settled above 60 US dollars a barrel Thursday on expectations that OPEC would soon cut its output in “a million barrels per day”, though much will depend on what attitude Saudi Arabia adopts.