MercoPress. South Atlantic News Agency
Stories for October 30th 2008
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Thursday, October 30th 2008 - 20:00 UTC
Rise of methane gas in atmosphere puzzles scientists
The amount of methane in Earth's atmosphere shot up in 2007, bringing to an end a period of about a decade in which atmospheric levels of the potent greenhouse gas were essentially stable, according to a team led by Massachusetts Institute of Technology researchers.
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Thursday, October 30th 2008 - 20:00 UTC
Argentine bank stabilizes Peso but uncertainty prevails
Argentina's peso closed Thursday trading at 3.39 to the US dollar, similar to Wednesday when the Central bank intervened with a billion US dollars in support of the local currency to stem a two-week slide sparked by concern the country will default.
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Thursday, October 30th 2008 - 20:00 UTC
Favourable 2009 beef export prospects for Brazil and Argentina
Beef exports are forecast to rise nearly 2% during 2009 as gains by Brazil, Argentina and the United States outweigh downturns in Australian and New Zealand shipments according to the US Cattle network
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Thursday, October 30th 2008 - 20:00 UTC
Chile's stock market looses 9.57% in Oct.; Peso down 26% in 08
Chile's stock market climbed 1.93% on Thursday but finished the turbulent October 9.57% down. As with most global markets Chile's bounced back following on a better performance in Wall Street and the Sao Paulo Bovespa index.
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Thursday, October 30th 2008 - 20:00 UTC
Absences and late arrivers mark summit in El Salvador
The current global economic and financial crisis overshadowed the official agenda of the 18th Ibero American two-day summit in El Salvador which ends on Friday.
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Thursday, October 30th 2008 - 20:00 UTC
Brazil' Petrobras agrees to explore for oil offshore Cuba
Brazil is scheduled to sign on Friday an agreement with Cuba for deep-water oil and gas exploration and production. The event is considered the highlight of the two day visit of President Lula da Silva to the island beginning late Thursday.
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Thursday, October 30th 2008 - 20:00 UTC
EU business and consumer confidence falls to 15-year low
Business and consumer confidence in the 15 nations of the Euro zone fell to a 15-year low in October, the European Commission said Thursday, as a credit crunch hits consumer spending and forces companies to shed jobs.
