Stories for June 25th 2008

Wednesday, June 25th 2008 - 21:00 UTC
Paraguay's Senate blocks president's early exit

Paraguay's Senate failed to muster a quorum Tuesday, thereby frustrating President Nicanor Duarte Frutos's bid to resign two months before the end of his term to join that same legislative body.
Wednesday, June 25th 2008 - 21:00 UTC
Argentina: Fisheries exports register declines in volume, value

Argentina exported 190,446 tonnes of fish and shellfish worth USD 371.4 million in the first five months of 2008, indicate statistics released by the National Food Safety and Quality Service (SENASA). These figures represent an 11.2 per cent fall in volume and a 9.7 per cent drop in value compared to the same period last year when 214,373 tonnes were exported for USD 411.3 million.
Wednesday, June 25th 2008 - 21:00 UTC
Heathrow plans 'vital for economy' said CEO operator BAA

Heathrow is vital to the well-being of Britain, an air chief will tell a conference in London.
Wednesday, June 25th 2008 - 21:00 UTC
More bad news for United States economy

US consumer confidence has fallen to its lowest level in 16 years while US home prices fell in April at the fastest rate in years, two economic reports have said.
Wednesday, June 25th 2008 - 21:00 UTC
Uruguayan Offshore Field May Hold 3 Trillion Cubic Feet of Gas

Uruguay may have found an offshore natural gas field holding as much as 3 trillion cubic feet of resources during studies of exploration areas it plans to auction in July 2009, the country's state oil company said.
Wednesday, June 25th 2008 - 21:00 UTC
Chile prepared to cut Armed Forces copper earnings share

José Pablo Arellano, CEO of Chile's state-owned CODELCO copper company, this week questioned the utility of a Pinochet-era law that gives 10% of CODELCO sales to the Chilean military.
Wednesday, June 25th 2008 - 21:00 UTC
UN predicts climate change will trigger “green” (trade) war

Former Chilean president and currently UN Climate Change special envoy Ricardo Lagos said that industrialized countries would be imposing “green” barriers as a future strategy to combat climate change, basically taxing imports according to the contamination generated by the production of the goods involved.
Wednesday, June 25th 2008 - 21:00 UTC
Euro zone rate rise next July, but will it be an only time?

The European Central Bank president Jean-Claude Trichet said that the ECB remains in “full alert” because of the continued inflation in the Euro zone and suggested that a rate hike, next July 3 “is possible”. However he emphasised that this would not signal the first step for a ladder of rate hikes.
Wednesday, June 25th 2008 - 21:00 UTC
Ecuador Colombia relations back in the cold and trade threats

Ecuador will not resume diplomatic ties with Colombia after the latter decided to postpone renewal of relations, Ecuadorian Foreign Minister Maria Isabel Salvador announced this week in Quito.
Wednesday, June 25th 2008 - 21:00 UTC
WTO plans final push for Doha round talks next July 21

World Trade Organization (WTO) Director-General Pascal Lamy called on Wednesday for a group of ministers from thirty main countries to meet from July 21 to push the Doha round of global free trade talks toward conclusion, diplomats said.