Stories for September 7th 2008

Sunday, September 7th 2008 - 21:00 UTC
Chile investing 18 million USD in new London embassy

Chile is planning a four stories building in London to house its embassy as of next year when the contract for the current location on 12 Devonshire Street comes to an end.
Sunday, September 7th 2008 - 21:00 UTC
Colombia finds second oil well; signs accord with India

Colombia's government owned Petroleum Corporation, ECOPETROL announced the discovery of a promising well in the province of Huila to the southeast of the country with initial tests of 900 barrels of oil per day.
Sunday, September 7th 2008 - 21:00 UTC
Promising test for early detection of BSE (mad cow) in cattle

The discovery of elevated protein levels in the urine of some cattle infected with mad cow disease, Bovine Spongiform Encephalopathy, BSE, raises the possibility that animals could eventually be screened using a test similar to a home pregnancy kit, according to reports from the University of Manitoba.
Sunday, September 7th 2008 - 21:00 UTC
US government takes control of mortgage guarantee system

President George Bush announced mortgage giants Freddie Mac and Fannie Mae have been taken over because they posed “an unacceptable risk” to the economy. The two companies account for nearly half of the outstanding mortgages in the US, and have lost billions of dollars during the US housing crash.
Sunday, September 7th 2008 - 21:00 UTC
Caribbean chapter of the US-Russia Georgia dispute

The Venezuelan government confirmed on Sunday that four Russian naval vessels will participate in joint exercises in the Caribbean next November, a move that could further strain relations between Washington and Moscow following the Russian invasion of Georgia.
Sunday, September 7th 2008 - 21:00 UTC
Uruguay's 07/08 sheep farm exports 320 million USD

Uruguay's 2007/08 wool export increased 8.2% in value totaling 60 million kilos while sheep farming exports reached 320 million US dollars (up 8.4%). China remains as Uruguay's main wool client, according to a release from the Uruguayan Wool Secretariat, SUL.
Sunday, September 7th 2008 - 21:00 UTC
Eat less meat and help climate change, says UN expert

People should eat less meat if they want to make a difference to climate change, according to a UN expert. Dr Rajendra Pachauri, chair of the United Nations Intergovernmental Panel on Climate Change, (IPCC) told London's The Observer in an interview people should have one meat-free day a week to tackle global warming.
Sunday, September 7th 2008 - 21:00 UTC
Falklands ponders about new EU and OCT relationship

THE European Union Commission (EU) has launched a public consultation (Green Paper) on the future of the European Union and Overseas Countries and Territories' (OCT) relationship.