Stories for November 13th 2007

Tuesday, November 13th 2007 - 20:00 UTC
Mar del Plata fish landings drop 4.5% in ten months

Fish and shell fish landings at Mar del Plata, Argentina's main South Atlantic fishing port totalled 368.859, tons in the first ten months of the year, which represents a 4.5% drop compared to the same period a year ago.
Tuesday, November 13th 2007 - 20:00 UTC
Bank of the South charter to be signed in Buenos Aires

The foundation charter of the regional development Bank of the South will take place in Buenos Aires on December 9 and will be signed by the presidents from Argentina, Brazil, Bolivia, Ecuador, Paraguay, Uruguay and Venezuela, confirmed Ecuadorian president Rafael Correa.
Tuesday, November 13th 2007 - 20:00 UTC
Stiglitz warns about the Bush years' economy legacy

United States president George W Bush will leave his successor a country in debt up to its ears, a depressed dollar as never seen before and a nation with a class structure closer to that of Mexico or Brazil, according to Nobel laureate Joseph Stiglitz in an article published in the December edition of Vanity Fair.
Tuesday, November 13th 2007 - 20:00 UTC
Chile supports existing multilateral financial institutions

Chile's government ratified its purchase of 50 million US dollars in shares from Corporacion Andina de Fomento, the Andean region development agency known as CAF, El Mercurio reported.
Tuesday, November 13th 2007 - 20:00 UTC
Latest UK avian flu outbreak is virulent H5N1 strain

The type of bird flu found in turkeys on an English farm is the virulent H5N1 strain, according to UK government veterinarians. The virus was discovered on Sunday at Redgrave Park Farm near Diss, Suffolk where all 6,500 birds, most of them turkeys, are being slaughtered.
Tuesday, November 13th 2007 - 20:00 UTC
Petrobras bids US$ 900 for Exxon assets in Chile

Brazilian government owned oil giant Petrobras has offered 900 million US dollars for Exxon's assets in Chile as part of its regional downstream expansion policy that includes Argentina, Chile, Paraguay and Uruguay.
Tuesday, November 13th 2007 - 20:00 UTC
October food prices in China soar 17.6% in twelve months

China's consumer prices rose sharply in October reaching a decade-high monthly inflation rate of 6.5% adding to pressure for measures to cool the politically sensitive continuous surge in food prices.
Tuesday, November 13th 2007 - 20:00 UTC
Saudi prince buys the first VIP A380 Flying Palace

Airbus revealed the name of the first individual to purchase the A380 super-jumbo, the world's largest passenger plane. Saudi billionaire Prince Alwaleed bin Talal is the mystery buyer of the VIP A380 version also called the Flying Palace.
Tuesday, November 13th 2007 - 20:00 UTC
Lack of funds grounds Brazil's third largest airline

Brazil's third-biggest airline, BRA, has suspended operations and sent home almost all its 1.100 employees after hitting financial difficulties. It comes after more than a year of crisis in the country's aviation industry and the near-collapse of Varig, the former flag-carrier that is now a subsidiary of Gol, the second-biggest operator.
Tuesday, November 13th 2007 - 20:00 UTC
Growing rift among developing countries on global trade talks

Developing countries are deeply divided about how to advance on global trade talks and few ministers will attend a meeting this week meant to show their unity.