Stories for October 12th 2007

Friday, October 12th 2007 - 21:00 UTC
Weak dollar shrinks US trade deficit even with China

The United States August trade deficit dropped substantially to its lowest since last January, 57.6 billion US dollars, as export levels rose to a monthly high and imports fell, reported the Department of Commerce.
Friday, October 12th 2007 - 21:00 UTC
Seven companies tender for Magallanes oil blocks

Seven corporations from United States, Canada, New Zealand, Egypt and Russia presented tenders for the oil and gas exploration blocks in Magallanes Region, extreme south of Chile.
Friday, October 12th 2007 - 21:00 UTC
Falkland Islands: Weekly Penguin News update

Headlines:
In with the new...; Worship in our schools?; Chile vows support for Argentine claim; Man guilty of sexual assault; FIGAS remains leader-less.
Friday, October 12th 2007 - 21:00 UTC
Gibraltar: historic fourth successive win for CM Caruana

This Gibraltar General Election has proved the saying popular with all politicians behind in the polls that the only vote that counts is the one on the day.
Friday, October 12th 2007 - 21:00 UTC
Gore and U.N. climate panel win Nobel Peace Prize

Former US vice president Al Gore has shared the 2007 Nobel Peace Prize with the UN's Intergovernmental Panel on Climate Change.
Friday, October 12th 2007 - 21:00 UTC
China strikes huge gas deposit in northwest region

China's largest oil and gas company PetroChina has discovered a major gas field in the nation's northwest Xinjiang region, state media reported this week. The field, known as Dabei III, boasts an estimated reserve of up to 130 billion cubic meters reports the China Daily newspaper.
Friday, October 12th 2007 - 21:00 UTC
Fed anticipates tougher regulations for mortgage market

Federal Reserve governor Randall Kroszner said this week that the central bank was forced to cut its benchmark interest rate in September because earlier attempts to increase liquidity did not help enough.
Friday, October 12th 2007 - 21:00 UTC
“This is New York” campaign targets 50 m. tourists by 2015

Tourists love New York and lots of them visit the Big Apple but the city says that's not enough so it is spending big money on a new ad campaign. The goal is to attract 50 million tourists a year by 2015 with the slogan “This is New York”.
Friday, October 12th 2007 - 21:00 UTC
Forty new aircrafts, and four A380, for Aerolineas Argentinas

Grupo Marsans the largest tourism and transport group in Spain announced this week it has ordered 73 Airbus aircraft, including four new A380 “Superjumbo”, for its Air Comet and Aerolineas Argentinas fleets.
Friday, October 12th 2007 - 21:00 UTC
Colombia gas-links with Venezuela and joins Bank of the South

Colombia formally requested to join the regional multilateral development bank known as the Bank of the South. President Alvaro Uribe made the announcement on Friday during the inauguration of a gas pipeline which links Guajira in northern Colombia with Venezuela's Lake Maracaibo area.