Stories for 2008

Monday, February 11th 2008 - 20:00 UTC
Whale Valley in Egypt joins UNESCO World Heritage list

Wadi Al-Hitan, Whale Valley, in the Western Desert of Egypt, which contains invaluable fossil remains of the earliest, and now extinct, suborder of whales, Archaeoceti received the official document which includes it in the UNESCO World heritage list.
Monday, February 11th 2008 - 20:00 UTC
G7 agree on downturn forecast but respect “economic diversity”

U.S. Treasury Secretary Henry Paulson said in Tokyo that the global economy faces “downside risks” from the rout of capital markets that is “serious and persisting” but insisted he was convinced the US economy would continue to grow in 2008. At no time did he use the feared word “recession”.
Monday, February 11th 2008 - 20:00 UTC
Argentine mining exploration expanded 21% during 2007

Mining exploration in Argentina expanded 21% in 2007 over 2006 with a record 600.000 meters drilled reported in Buenos Aires the Mines Secretariat. Looking back to 2003, exploration activity soared 265% and investments 748% reaching 1.7 billion US dollars.
Monday, February 11th 2008 - 20:00 UTC
Germany, world's leading exporter for the fifth year

Germany was the world's leading exporter for the fifth year running in 2007, staving off a challenge from fast-growing China despite the impact of a strong Euro on its competitiveness. German exports reached 969 billion Euros, 1.4 trillion US dollars in 2007, up 8.5% from 2006, according to Germany's Federal Statistics Office in Weisbaden.
Monday, February 11th 2008 - 20:00 UTC
Putin: Russia among the world's seven leading economies

Russia is among the seven leading economic powers of the world said Russian president Vladimiar giving his state of the nation address before the State Council for the last time. Putin did a recount of his eight years in office and set Russia's objectives for 2020.
Monday, February 11th 2008 - 20:00 UTC
Yahoo Board Rejects Microsoft's $44.6 Billion Offer

Yahoo! Inc., owner of the second most used Internet search engine, rejected a $44.6 billion takeover offer from Microsoft Corp. as too low, pressuring the world's largest software maker to raise its bid.
Sunday, February 10th 2008 - 20:00 UTC
US dollar continues free fall against Latam currencies

With the exception of Venezuela and Argentina that have government administered exchange rates, in the rest of the main Latinamerican money markets the depreciation of the US dollar continues with no end in the short term according to the latest data.
Sunday, February 10th 2008 - 20:00 UTC
Cristina ready to travel and patch up relations with USA

Argentine president Cristina Fernandez de Kirchner is preparing for an agenda of international meetings, both at home and overseas, with the purpose of fulfilling her electoral promise that global relations will be paramount for her administration, reports the Buenos Aires press.
Sunday, February 10th 2008 - 20:00 UTC
Brazil's industrial output in 2007 second best of decade

Industrial output in Brazil grew last year at its fastest pace since 2004, jumping 6% boosted by domestic demand according to official data. The surge in industrial activity was broad, driven by a sharp increase in the availability of credit allowing Brazilian consumers to buy more cars and home appliances.
Saturday, February 9th 2008 - 20:00 UTC
Argentina's inflation controversy expands; IMF rebutted

Argentina's controversial Statistics and Census institute, Indec, further fueled dispute over the accuracy of official data when it announced that the January consumer price index, CPI, rose 0.9%, the same percentage as November and December and well below reliable private estimates of 2%.