Following on a robust 2007, the United Nations Conference On Trade and Development says there is a clear danger of the world economy coming to a near standstill in 2008. The report says this will hit many poor nations hard, slow world trade and put an end to the boom in commodity prices.
Police have broken an illegal whale poaching racket, confiscating more than 50 tons of Minke meat in the largest seizure of its kind in South Korea, an official in Seoul said Saturday.
Spanish corporation ENCE begins next week to break ground in the south of Uruguay for the construction of a pulp mill with capacity for a million tons annually. The billion US dollars project is still in the blue print and environment impact assessment stage but the company and the Uruguayan government are confident of the results.
Japanese whalers have warned Greenpeace activists pursuing their fleet in the Southern Ocean against illegal and dangerous interference to the hunt. Greenpeace protest ship Esperanza has located the fleet of six ships conducting so-called scientific whaling and is pursuing the main vessel Nisshin Maru.
Headlines: Councillors: 'We're not under pressure to accept charter flight'; New FIG boss; Wind farm = savings.
Venezuela prepares to move into Antarctica following the naming of a Presidential Commission on Antarctica with the purpose of advising President Hugo Chavez on an official policy on the matter.
Colombia's government on Wednesday approved a mission sponsored by Venezuela to free two hostages held by cocaine funded leftist rebels, said a spokesman for the International Committee of the Red Cross.
Brazil's Energy Minister denied reports Wednesday that a short supply of natural gas from Bolivia and a lack of rain might force Brazil, which relies heavily on hydroelectric power, to ration energy later this year
The International Monetary Fund said this week it had lowered its 2007 global growth estimate by one-half percentage point after recent data showed economies of China and India were smaller than previously thought.
China will introduce partial price freezes on basic commodities such as gas and oil and crack down on profiteering, hoarding and other activities fuelling inflation, the government announced on Wednesday. Government officials are concerned about prices next month when the Lunar New Year celebrations.