Stories for September 4th 2007

Tuesday, September 4th 2007 - 21:00 UTC
Controversy over how fast China is really growing

While many people believe China will effectively quite soon become the world's second economy and catch up with United States sometime this century, MIT Professor Lester Thurow for a range of reasons argues that China's century will not be this one, but the next.
Tuesday, September 4th 2007 - 21:00 UTC
US leads the world in labour productivity says ILO

While productivity levels have increased worldwide over the past decade, gaps remain wide between the industrialized region and most others, although South Asia, East Asia, and Central & South-Eastern Europe (non-European Union) & CIS have begun to catch up the International Labor Office (ILO) said in a new report published Monday.
Tuesday, September 4th 2007 - 21:00 UTC
Record wheat prices on possible Russian shipments curb

Wheat rose to a record in Paris on Monday as traders speculated that Russia could curb shipments to restrain domestic food prices. Moscow has formed a working group that will consider measures to curb grain prices, which may include sales from state inventories as well as export duties and quotas.
Tuesday, September 4th 2007 - 21:00 UTC
Uruguay's fisheries first half 2007 exports totaled 61.000 tons

Uruguayan fisheries exports reached 105 million US dollars in the first half of this year, which represents a 13% increase over the same period a year ago according to Daniel Montiel, head of the Uruguay's Aquatic Resources Office, Dinara.
Tuesday, September 4th 2007 - 21:00 UTC
Bachelet signs free trade pact with Japan in Tokyo

On the first day of Chilean President Michelle Bachelet's trip to Japan, she and Japanese Prime Minister Shinzo Abe signed a Free Trade Agreement (FTA), which came into effect immediately. That accord is expected to create 50,000 new jobs and significantly increase Chile's exports to Japan.
Tuesday, September 4th 2007 - 21:00 UTC
Unemployment and informality threaten young Latinamericans

Unemployment, informality and inactivity endanger prospects of some 106 million young people in Latin America and the Caribbean in the labour market, and hinder potential economic growth and the fight against poverty in the region according to a new report of the International Labour Office (ILO) issued in Santiago de Chile on Tuesday.
Tuesday, September 4th 2007 - 21:00 UTC
IDB announces annual assembly in Miami for next April

The Inter-American Development Bank will host an event in Miami September 6 for government officials, business leaders and journalists to officially launch its 2008 Annual Meeting that will take place in the city in April.
Tuesday, September 4th 2007 - 21:00 UTC
Brazil's civil aviation chaos forces TAM to delay expansion plans

Brazil's biggest airline, TAM Linhas Aereas said on Tuesday it postponed plans to increase its fleet of Airbus jets from 2008 to 2011 because of a drop in demand for domestic air travel.
Tuesday, September 4th 2007 - 21:00 UTC
Risk Network: political pressures, main threat to global growth

Political pressures present the greatest medium-term threat to global growth, according to a report released Tuesday by the World Economic Forum's Global risk network.