Stories for 2007

Thursday, November 15th 2007 - 20:00 UTC
Australians fear for only known white humpback whale

Australians fear that the world's only known white humpback whale could be slaughtered as Japan's whaling fleet prepares to embark on its annual hunt in the Southern Ocean, reports the Sydney press.
Thursday, November 15th 2007 - 20:00 UTC
Beijing confirms US dollar as the leading global currency

The US dollar will remain the main currency for China's massive foreign reserves despite earlier suggestions that the weakening greenback weighed too heavily, a senior Chinese central bank official said here Wednesday.
Thursday, November 15th 2007 - 20:00 UTC
Warning on US/EU interest rate gap and fund flows

The US dollar's weakness has benefits for global imbalances, but fund inflows to the United States could shrink if the gap between U.S. and Euro-zone interest rates reverses, warned Bank of Japan board member Atsushi Mizuno.
Thursday, November 15th 2007 - 20:00 UTC
Chavez threatens Spanish corporations in Venezuela

Venezuela's President Hugo Chavez said Wednesday he would force Spanish businesses to be more accountable due to a spat in which Spanish King Juan Carlos told him to “shut up” during a summit.
Thursday, November 15th 2007 - 20:00 UTC
OPEC: no output increase decision until December

The Organisation of Petroleum Exporting Countries (OPEC) ruled out an output increase in the coming summit and said that the surge in global fuel prices can not be tracked to shortage of oil in the market and certainly not because of the fast-growing Indian and Chinese economies.
Thursday, November 15th 2007 - 20:00 UTC
“Internet access for the next billion” conference in Rio

Participants at the United Nations Internet Governance Forum, which has brought some 1,700 delegates from government, civil society and the private sector to Rio de Janeiro this week, called today for Internet “access for the next billion” people.
Thursday, November 15th 2007 - 20:00 UTC
Plenty of oil for another century says Saudi Arabia

World oil reserves at current demand are sufficient for the next century and the global oil industry should aim to produce at least 3 trillion bbl from conventional recoverable resources in known fields and discoveries over the next several decades, according to the head of Saudi Aramco.
Thursday, November 15th 2007 - 20:00 UTC
EU low cost airlines accused of “misleading web info”

The European Union consumer protection chief has accused low-cost airlines of obscuring the true price of airfare. The carriers were given four months to change their advertising practices or face restrictions on their Web sites.
Thursday, November 15th 2007 - 20:00 UTC
Mexican tycoon wins contract in Panama Canal expansion

A consortium led by Mexican billionaire tycoon Carlos Slim posted the cheapest bid on Wednesday to win the latest small contract to expand the Panama Canal, part of the wider 5.25 billion US dollars project.
Thursday, November 15th 2007 - 20:00 UTC
Lack of gas plunges economic activity in Punta Arenas 22.2%

Argentina's natural gas supply restrictions to the Chilean extreme south region of Magallanes forced a drastic collapse of economic activity and exports, during the third quarter according to official data from the Santiago Statistics Office, INE.