Stories for July 2007

Friday, July 20th 2007 - 21:00 UTC
Falkland Islands: Weekly Penguin News update

Headlines:
Falklands take first steps to recycling waste; Hill Cove takes on Chinese domination of the sheepskin tanning business; Data collection sheet annoys parents
Friday, July 20th 2007 - 21:00 UTC
The Kirchner model: king and queen penguin

The “first lady” of Argentina, Cristina Kirchner, launched this week the campaign to succeed her husband Néstor as president. This is less a story of Evita Perón or Hillary Clinton than a political fix by illiberal architects of a failed model of governance, says Celia Szusterman in Agora Vox, the Citizen Media, European Union.
Friday, July 20th 2007 - 21:00 UTC
Chile condemns Toronto police in soccer scuffle

Chilean President Michelle Bachelet condemned Friday the Toronto police's “unjustified” actions after several members of the Chilean FIFA U-20 selection were reportedly shot with stun guns and sprayed with pepper spray after losing 3-0 to Argentina at Toronto's National Stadium.
Friday, July 20th 2007 - 21:00 UTC
China hikes rates to curb inflation and cool economy

The People's Bank of China (PBC) ordered Friday an increase of 0.27% of a point in commercial banks' benchmark one-year deposit and lending rates to keep inflation in check. The increases will take effect on 21 July and is the fifth since April 2006.
Friday, July 20th 2007 - 21:00 UTC
Oil demand, and prices, forecasted to keep increasing

Global demand for oil will increase significantly next year, with greater pressure on prices, said the International Energy Agency (IEA) in its monthly report.
Friday, July 20th 2007 - 21:00 UTC
Poor earnings and housing slump push US markets down

United States stocks fell sharply on Friday following disappointing earnings from Caterpillar and Google. Worries over the impact of the housing slump and losses from risky mortgages also weighed on stocks.
Thursday, July 19th 2007 - 21:00 UTC
Brazil Central Bank lowers benchmark interest rate to 11.50%

Brazil's Central Bank Monetary Policy Committee, Copom, announced Wednesday a half percentage cut in the basic interest rate or Selic, which dropped from 12% to 11.50% on an annual basis.
Thursday, July 19th 2007 - 21:00 UTC
Energy shortages impact on Argentine industrial activities

For the first time since Argentina begun its strong recovery in 2003, industrial production contracted apparently because of the escalating energy problems and restrictions, according to the Buenos Aires think-tank FIEL which regularly releases monthly reports on economic and other activities.
Thursday, July 19th 2007 - 21:00 UTC
Sea trials for Comodoro Rivadavia bio-fuel powered fishing vessel

The first fishing vessel powered with bio-fuel, a mix of micro Patagonian algae with hake and squid residue, set to sea from Comodoro Rivadavia this week reports the Argentine press.
Thursday, July 19th 2007 - 21:00 UTC
Bolivia signs largest ever mining project with Indian company

Bolivia signed a 2.1 billion US dollars mining deal with Indian company Jindal Power & Steel Ltd. after more than a year of negotiations for the exploitation of vast iron deposits near the Brazilian border.