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Stories for August 12th 2008

• Tuesday, August 12th 2008 - 21:00 UTC

  Official July inflation further impairs Cristina's image

  

  Argentina's Statistics and Census Office, Indec, announced Monday that July consumer prices index reached 0.4%, below analysts' forecasts and market estimates, further deteriorating the credibility of President Cristina Fernandez de Kirchner administration.

• Tuesday, August 12th 2008 - 21:00 UTC

  World program to protect bees and help crop production

  

  The United Nations Environment Programme (UNEP) announced that it will implement a new initiative to better protect bees, bats, birds and others that are essential to global crop production and biodiversity.

• Tuesday, August 12th 2008 - 21:00 UTC

  Galicia, a partner in most of the world's major fisheries

  

  Spain is short of fisheries but has huge investments in other fisheries world over, Falklands/Malvinas, Chile, New Zealand, Africa, and does most of the fish processing and trading, according to Alfonso Paz-Andrade Rodríguez president of World Fishing Exhibition.

• Tuesday, August 12th 2008 - 21:00 UTC

  Uruguay plans to regulate area dedicated to soy

  

  The Uruguayan government is planning to implement a program of permit-requests for the sowing of soybeans the coming season as part of a plan for the conservation of the soil sponsored by the Ministry of Agriculture and Livestock.

• Tuesday, August 12th 2008 - 21:00 UTC

  Kirchners' Argentina debt rating drops to Paraguay level

  

  Argentina's foreign debt rating was cut Monday by Standard & Poor's from B+ to B, five levels below investment grade and in line with countries such as Jamaica and Paraguay. Concerns over slower economic growth, lower tax revenue and mounting investor mistrust in inflation data which erodes confidence in the government have been decisive for the new rating.

• Tuesday, August 12th 2008 - 21:00 UTC

  Further growth in Falklands tourism anticipated this year

  

  THE Falkland Islands is anticipating a growth of nearly 9% in cruise ship visitors in the coming season.