Stories for November 29th 2007

Thursday, November 29th 2007 - 20:00 UTC
Cyprus and Malta will introduce the Euro next January

The European Union said that member nations Cyprus and Malta are prepared to introduce the Euro next January first, which will bring to 15 the number of nations sharing the currency.
Thursday, November 29th 2007 - 20:00 UTC
Wheat futures soar as Argentina suspends export registrations

United States wheat futures soared Wednesday as Argentina stirred up fears about global tightness by announcing a suspension of wheat export registrations until it assesses the impact of recent frosts.
Thursday, November 29th 2007 - 20:00 UTC
Chavez breaks off relations with Colombia's Uribe

Venezuelan President Hugo Chavez broke off relations with Colombia on Wednesday, vowing not to restore ties as long as President Alvaro Uribe is in power after the collapse of mediation talks with leftist rebels.
Thursday, November 29th 2007 - 20:00 UTC
Argentine fisheries exports drop in volume and value

Argentine fish and shellfish exports during the first ten months of 2007 dropped 14% in volume and 15% in value compared to the same period a year ago, according to statistics from the National Food Safety and Quality Service (SENASA).
Thursday, November 29th 2007 - 20:00 UTC
EU agriculture reform blueprint passes first test

European Union farm ministers gave a fairly warm welcome this week to a blueprint for reforming agriculture policy, focusing on ideas for making countries spend more on rural development and planned subsidy ceilings for large farms.
Thursday, November 29th 2007 - 20:00 UTC
Chile implements an early red tide alert system

Chile is implementing an early alert system to detect Red Tide (mr-SAT) that should be operational beginning January 2008 was announced Wednesday by the country's National Fisheries Service (SERNAPESCA).
Thursday, November 29th 2007 - 20:00 UTC
Argentina and Chile to sign huge Andean shared mining project

The governments of Chile and Argentina will sign an agreement this week pushing forward the development of another massive bi-national mining project. The deal is intended to hurry approval of work at “Las Flechas” mineral deposits by using existing treaties and protocols to govern its construction.
Thursday, November 29th 2007 - 20:00 UTC
EU warns China of “backlash” if trade gap persists

The European Union trade commissioner warned that China needs to close the trade gap if it wants to prevent a backlash in Europe. Peter Mandelson said that China has become the EU largest trading partner and this status must make Beijing assume “real responsibilities”.
Thursday, November 29th 2007 - 20:00 UTC
Billinton insists with Rio Tinto and making giant company

Resources giant BHP Billiton said Wednesday it still hoped rival Rio Tinto would warm to its uninvited takeover bid, despite opposition from customers who fear it will lead to a stranglehold on prices.
Thursday, November 29th 2007 - 20:00 UTC
Guyana offers to trade millions rain forest hectares for aid

Guyana has offered to preserve its entire rain forest with control going to a British-led international group in return for economic aid.