Stories for 2008

Tuesday, April 22nd 2008 - 21:00 UTC
OPEC to boost production 5 million bpd â€¦by 2012

The Organization of Petroleum Exporting Countries, OPEC plans to boost its oil production target capacity by 5 million barrels a day by 2012, the organization's secretary-general said Tuesday in Rome.
Tuesday, April 22nd 2008 - 21:00 UTC
Patagonian toothfish farming project takes off in Chile

La Araucana Education Corporation and four private Chilean companies are undertaking a Patagonian toothfish (Dissostichus eleginoides) farming project which is to be officially launched this week involving more than 2.2 million US dollars.
Tuesday, April 22nd 2008 - 21:00 UTC
Argentina indicts Uruguayan expatriate for the grass fires

A Uruguayan farm handy man, Sergio Amable Salvador Vera, 62, became the first person to be indicted this week for starting the grassland fires that produced the recent blanketing with smoke of Argentina's capital Buenos Aires city.
Monday, April 21st 2008 - 21:00 UTC
Peru to ask 3 more years to complete mine clearance

Peru will request before the Ottawa Convention an extension, until 2012, for the clearance of antipersonnel mines from its territory given the impossibility to comply with the current deadline of 2009, announced Peruvian Deputy Foreign Affairs minister Gonzalo Gutierrez.
Monday, April 21st 2008 - 21:00 UTC
Frustrated Argentine farmers ready to resume conflict May 2

In a massive Sunday rally the Argentine farmers ratified their willingness to continue the round of talks with government, --in spite of some attitudes and unilateral decisions--, but also warned that time is running out and the agreed deadline is May 2.
Monday, April 21st 2008 - 21:00 UTC
Food prices challenge Peru's economy and president's approval

Peruvian president Alan Garcia's approval rating fell to 26% (28% in March) despite the strong performance of Peru's economy, the fastest growing in South America, according to an Ipsos Apoyo survey published in Lima's main newspaper El Comercio.
Monday, April 21st 2008 - 21:00 UTC
Islanders have proved the best aircraft for the Falkland Islands

THE Falkland Islands Government Air Service General Manager Sean Minto says that air frame replacement has not been included in the current internal review - “We can't get aircraft that operate better or cheaper.”
Monday, April 21st 2008 - 21:00 UTC
Warnings about Brazil's high interest rates policy

Sao Paulo governor Jose Serra and one of Brazilian leaders tipped to dispute the presidency in 2010 warned about the possibility of an economic downturn when President Lula da Silva concludes his second mandate.
Monday, April 21st 2008 - 21:00 UTC
Singapore warns of worst world recession in 30 years

Singapore's GIC, one of the biggest sovereign wealth funds, warned on Monday the world could be facing its worst recession in 30 years and that financial markets would be highly volatile.
Monday, April 21st 2008 - 21:00 UTC
US banks report more write downs and hunt for fresh funds

US banks continue in turmoil reporting lower profits, write-downs and hunting for fresh funds Bank of America reported a 77% drop in profits in the first three months of 2008, hit by trading losses and a 6 billion write-down to cover bad loans. National City Corporation from the Midwest admitted it was looking for 7 billion US dollars.