Current falls in commodity and food prices could be temporary and have not reduced concerns over their impact on developing nations, the head of the United Nations' Food and Agriculture Organisation (FAO) said on Friday.
Separate figures have shown as easing of inflation in the Euro zone, but a fall in economic confidence. An initial estimate from EU statistics agency Eurostat showed that the annual rate of inflation eased in August to 3.8% from a record 4% in July as oil prices cooled.
The owner and manager (father and son) of a Punta Arenas lodge were sentenced to seven years in prison plus 300.000 US dollars in compensation to the families of ten passengers who died trapped when the building caught fire in February 2007.
Headlines: Flyglobespan' heads south; Immigration survey results announced; Sailors caught out by drugs tests; E Boye trip called off.
US Republican presidential hopeful John McCain picked Sarah Palin, the governor of Alaska, as his surprise running mate. At 44, she is three years younger than Barack Obama and is credited with reforms during her first term, but she is relatively unknown in US politics. Mr McCain appeared with her on stage at a lively rally in Dayton, Ohio.
Thousands of oil-slicked penguins washed up dead on the beaches of a popular Brazilian resort on Friday, and officials reported they are searching for a cause.
Unemployment in Magallanes Region, extreme south of Chile remained virtually unchanged during the May-July quarter and the lowest in the country, 2.5%.
Brazil will spend 160 million US dollars by the end of next year on the development of a nuclear-powered submersible to protect the oil reserves found recently off its coast, said Defence minister Nelson Jobim on Friday.
Air fares from Brazil to the rest of South America will no longer be regulated as of next Monday September first, which will represent a significant reduction in prices according to a Friday release from Brazil's National Civil Aviation Agency, ANAC.
Land Rover has announced plans to cut production at its Solihull plant in England, including the introduction of a four-day week on some lines. Discoveries and Land Rover Sport models will no longer be manufactured on Fridays