MercoPress, en Español

Montevideo, July 24th 2019 - 04:31 UTC

Stories for May 2008

  • Friday, May 23rd 2008 - 21:00 UTC

    Farmland prices in all regions of Brazil rise sharply

    Farmland prices in Brazil have risen sharply of late, driven up by rising international commodities prices, especially grains, agricultural analysts AgraFNP said in a report released this week.

  • Thursday, May 22nd 2008 - 21:00 UTC

    Commodities hedging and weak dollar spur record oil prices

    Oil break an another record price

    Oil prices jumped on Wednesday to a new record high, 134 US dollars a barrel, on concerns about low US crude stockpiles, the weak dollar, supply constraints and increasing demand.

  • Thursday, May 22nd 2008 - 21:00 UTC

    Argentine farmers flexible but hope for “national celebration”

    Argentine farmers said on Wednesday they are willing to discuss the controversial sliding levies on grains and oil seed exports but also cautioned they were looking forward to a grand national celebration in the scheduled Sunday rally at Rosario, and not another occasion of “protest and claims”.

  • Thursday, May 22nd 2008 - 21:00 UTC

    American Airlines to charge for checked baggage

    With oil prices hitting new records almost daily, the nation's largest air carrier, American Airlines, announced drastic steps Wednesday to “remain viable,” including charging new fees for all checked baggage, slashing domestic flights and laying off thousands of workers.

  • Thursday, May 22nd 2008 - 21:00 UTC

    Leaders meet to launch Union of South American Nations

    A South American leaders' summit is scheduled for Friday in Brazil where the visiting heads of government and host President Lula da Silva will be signing the legal framework of the charter for the Union of South American Nations, Unasur.

  • Thursday, May 22nd 2008 - 21:00 UTC

    Petrobras announces new oil discovery in ultra deep waters

    Brazil's government managed oil and gas corporation Petrobras announced this week the presence of oil traces in pre-salt reservoirs, in ultra deep waters off shore Sao Paulo in the Santos Basin.

  • Thursday, May 22nd 2008 - 21:00 UTC

    Oil market has gone “crazy” says OPEC secretary

    OPEC Secretary-General Abdullah El-Badri maintained on Thursday that the oil market has gone “crazy” and blamed the situation on geopolitical tensions, speculation and the weak US dollar. “We want moderate prices”.

  • Thursday, May 22nd 2008 - 21:00 UTC

    UN warns about devastation of animal species

    The extinction of animal species, as well as the reliance on a narrow range of crops, is a major threat to the planet's development and security, Secretary-General Ban Ki-moon said Thursday in a statement to mark the International Day for Biological Diversity.

  • Thursday, May 22nd 2008 - 21:00 UTC

    Paraguay & Uruguay agree on new approach to Mercosur

    Paraguay's President elect Fernando Lugo and Uruguayan President Tabare Vazquez agreed to work jointly in Mercosur affairs to help improve the bargaining power of the junior partners that have repeatedly complained that the block has become a two member club, Argentina-Brazil.

  • Wednesday, May 21st 2008 - 21:00 UTC

    US monetary policy appears appropriately calibrated, says Fed

    The US Federal Reserve injected 75 billion US dollars liquidity into the banking system on Tuesday but a monetary “pause” in the near future is possible as the central bank's interest-rate reductions take effect.