Stories for August 1st 2007

Wednesday, August 1st 2007 - 21:00 UTC
Argentina received 17.4% more tourists in half year

The number of foreign tourists arriving in Argentina during the first half of 2007 increased 17.4% reaching 1.037.226, reported the Argentine Tourism Secretariat.
Wednesday, August 1st 2007 - 21:00 UTC
Paraguay vaccinates 98% of cattle herd against FAM

Paraguay vaccinated 98% of its cattle herd against foot and mouth disease to ensure the normal flow of beef exports reported on Tuesday the government in the capital Asuncion.
Wednesday, August 1st 2007 - 21:00 UTC
Chile concerned with the fall in tourists from US and Europe

The number of foreign tourists arriving in Chile during the first half of 2007 increased 11.7% reaching 1.316.936, according to a release from the country's National Tourism Service, Sernatur. In money terms this is equivalent to 818 million US dollars, up 6%.
Wednesday, August 1st 2007 - 21:00 UTC
Venezuela looking for oil offshore Cuba, 100 miles from the US

Venezuelan government oil company, PDVSA begins this week hydrocarbons exploration in six blocks offshore Cuba, 100 miles from the United States coast, with prospects of finding abundant light crude.
Wednesday, August 1st 2007 - 21:00 UTC
Panama becomes homeport for Royal Caribbean cruises

Panama and Royal Caribbean Cruises Ltd. agreed this week to make Panama the starting point for some of its tour operations in a bid to boost the cruise operator's presence in the region and to attract more tourists to the Central American country.
Wednesday, August 1st 2007 - 21:00 UTC
British Airways fined a record £121 after admitting collusion

British Airways has been hit with a record £121.5 million fine after it admitted to collusion over fuel surcharges on long-haul flights.
Wednesday, August 1st 2007 - 21:00 UTC
World fears that oil could reach new record prices

Oil prices are nearing an all time record after supply concerns on Tuesday lifted them above 78 US dollars a barrel, almost the 78.40 reached in the aftermath of the Lebanon conflict in July 2006.
Wednesday, August 1st 2007 - 21:00 UTC
Global impact from the US deteriorating housing market

Stock markets across Asia have suffered heavy falls on fresh concerns over the impact of the problems in the US housing market which on Tuesday caused sharp losses on Wall Street.
Wednesday, August 1st 2007 - 21:00 UTC
US tenth largest residential mortgage bank collapses

Shockwaves of still unknown impact crashed through financial markets Tuesday when the United States Melville-based American Home Mortgage Investment Corp. announced it was suffering credit problems and would consider “going into liquidation” among other options.
Wednesday, August 1st 2007 - 21:00 UTC
Chile's richest man leaves LAN and dreams of becoming president

Chilean billionaire and former presidential candidate Sebastian Piñera has resigned as director of airline LAN, less than a month after he was fined for buying shares in the company while in possession of privileged information.