Stories for February 21st 2007

Wednesday, February 21st 2007 - 20:00 UTC
Argentina joins the Orinoco heavy oil industry

Venezuela's Hugo Chavez and Argentina's Nestor Kirchner inaugurated Wednesday the first well in the heavy-crude Orinoco strip to be operated by Argentine companies.
Wednesday, February 21st 2007 - 20:00 UTC
Chilean salmon and trout exports reach 2.2 billion in 2006

Chilean salmon and trout exports in 2006 totaled 2.207 billion US dollars, up 28% over 2005 according to the Salmon Industry Association, (SalmonChile). United States was the main market for Chilean salmon and trout overtaking Japan.
Wednesday, February 21st 2007 - 20:00 UTC
Lamy warns of “costs of failure” if no trade accord is reached

World Trade Organization Director General Pascal Lamy warned Wednesday of serious “consequences” if nations failed to reach agreement on a new global trade pact.
Wednesday, February 21st 2007 - 20:00 UTC
Race to record Scottish dialect's last two speakers

Their language is almost extinct but for two Scottish brothers, thought to be the last surviving speakers of the Cromarty dialect, there was good news this week, reports the Daily Telegraph.
Wednesday, February 21st 2007 - 20:00 UTC
British MoD surplus equipment bargains on line

Buying surplus equipment couldn't get any easier with the arrival of the Disposal Service Agency's on-line auction capability. A secure bidding and buying process that's unique within the United Kingdom's Ministry of Defence is now available.
Wednesday, February 21st 2007 - 20:00 UTC
Japan doubles interest rates signaling end of deflation

Japan's central bank doubled interest rates to 0.5% on Thursday following signs of steady growth in the economy and indicating the end of deflation that has plagued the country for years.
Wednesday, February 21st 2007 - 20:00 UTC
US inflation surprises with 0.2% increase in January

United States consumer prices increased 0.2% in January pushed by rising medical and food costs despite a fall in energy prices, reports the US Department of Labor
Wednesday, February 21st 2007 - 20:00 UTC
Venezuela's Chavez grants Kirchner more financial support

Argentina and Venezuela signed Wednesday several agreements establishing ever closer cooperation and financial links including a joint issue of a 1.5 billion US dollars Bond of the South.