Stories for February 11th 2008

Monday, February 11th 2008 - 20:00 UTC
Exxon conflict: Chavez threatens to cut US oil supply

Venezuelan President Hugo Chavez threatened to stop sending oil to the United States if Washington continued to attack Venezuela as he said it had done through an Exxon Mobil lawsuit that has frozen the assets of the world's fifth oil exporter.
Monday, February 11th 2008 - 20:00 UTC
Venezuelan regime declares Spanish singer “persona non grata”

Spanish singer Alejandro Sanz who this week ends a Latinamerican tour in Costa Rica said he was desolate his concert in Caracas had been again canceled after Venezuelan government officials declared the 14-time Latin Grammy Award winner “persona non-grata”.
Monday, February 11th 2008 - 20:00 UTC
Whale Valley in Egypt joins UNESCO World Heritage list

Wadi Al-Hitan, Whale Valley, in the Western Desert of Egypt, which contains invaluable fossil remains of the earliest, and now extinct, suborder of whales, Archaeoceti received the official document which includes it in the UNESCO World heritage list.
Monday, February 11th 2008 - 20:00 UTC
G7 agree on downturn forecast but respect “economic diversity”

U.S. Treasury Secretary Henry Paulson said in Tokyo that the global economy faces “downside risks” from the rout of capital markets that is “serious and persisting” but insisted he was convinced the US economy would continue to grow in 2008. At no time did he use the feared word “recession”.
Monday, February 11th 2008 - 20:00 UTC
Argentine mining exploration expanded 21% during 2007

Mining exploration in Argentina expanded 21% in 2007 over 2006 with a record 600.000 meters drilled reported in Buenos Aires the Mines Secretariat. Looking back to 2003, exploration activity soared 265% and investments 748% reaching 1.7 billion US dollars.
Monday, February 11th 2008 - 20:00 UTC
Germany, world's leading exporter for the fifth year

Germany was the world's leading exporter for the fifth year running in 2007, staving off a challenge from fast-growing China despite the impact of a strong Euro on its competitiveness. German exports reached 969 billion Euros, 1.4 trillion US dollars in 2007, up 8.5% from 2006, according to Germany's Federal Statistics Office in Weisbaden.
Monday, February 11th 2008 - 20:00 UTC
Putin: Russia among the world's seven leading economies

Russia is among the seven leading economic powers of the world said Russian president Vladimiar giving his state of the nation address before the State Council for the last time. Putin did a recount of his eight years in office and set Russia's objectives for 2020.
Monday, February 11th 2008 - 20:00 UTC
Yahoo Board Rejects Microsoft's $44.6 Billion Offer

Yahoo! Inc., owner of the second most used Internet search engine, rejected a $44.6 billion takeover offer from Microsoft Corp. as too low, pressuring the world's largest software maker to raise its bid.