Stories for June 7th 2008

Saturday, June 7th 2008 - 21:00 UTC
Venezuelan FAM extends to neighboring Colombia

Colombia declared a sanitary emergency in an area bordering with Venezuela where an outbreak of foot and mouth disease was confirmed by the country's Agriculture authorities, ICA.
Saturday, June 7th 2008 - 21:00 UTC
Chile forecasts copper 450.000 tons surplus in 2009

The Chilean Copper Commission (COCHILCO) predicted this week a 450,000 ton surplus in the global copper production for the year 2009. Global supplies are expected to increase by 7.9% between now and then due to increased production.
Saturday, June 7th 2008 - 21:00 UTC
Chilean truckers end strike following fuel tax rebate

Chilean truckers lifted on Friday a national strike against high fuel prices that threatened the supply of basic goods hitting food and fuel supplies to retail customers and the key copper mining industry.
Saturday, June 7th 2008 - 21:00 UTC
Argentine farmers respond to Church and ombudsman calls

Argentina's farmers announced Friday the end of their third strike in three months at the request of the Catholic Church, as of next Monday, but warned they'd continue on “alert” until the government repeals new export taxes on grains and oilseeds.
Saturday, June 7th 2008 - 21:00 UTC
Oil keeps breaking records: 16 dollars jump in two days

The oil price rebounded on Friday to gain over ten dollars a barrel to almost 139 while US stock prices plummeted following the report of a sharp rise in unemployment. Oil soared after Israel raised the specter of an Israeli military strike on Iran and reports that it could reach 150 US dollars a barrel by July.
Saturday, June 7th 2008 - 21:00 UTC
Japanese banks feels the fallout from US subprime crisis

Japanese banks are feeling the fallout from the US subprime mortgage crisis and the credit crunch, according to the country's financial watchdog.
Saturday, June 7th 2008 - 21:00 UTC
Arms dealer involved with FARC extradited from Spain to US

The Spanish government on Friday authorized the extradition to the United States of a suspected Syrian weapons dealer accused of planning to supply arms to Colombian rebels, the government said in Madrid.
Saturday, June 7th 2008 - 21:00 UTC
Home foreclosures in the US set new record in first quarter of 08

United States home foreclosures and late payments set records over the first three months of the year and are expected to keep rising, stark signs of the housing crisis' mounting damage to homeowners and the US economy.
Saturday, June 7th 2008 - 21:00 UTC
Argentine flag request for Darwin cemetery conveyed to London

The British ambassador said the Argentine government request to have a permanent flag at the Darwin cemetery in the Falkland Islands will be conveyed to the Foreign Office, according to the spokesperson for the UK diplomatic representation in Buenos Aires.