Stories for March 24th 2009

Wednesday, March 25th 2009 - 05:31 UTC
Bolivia’s President Says Quest for Coast Threatened by Peru-Chile Dispute

President Evo Morales confirmed on Monday that Bolivia’s drive to regain at least a portion of the Pacific coastline it lost in a 19th-century war could be harmed by Peru’s litigation with Chile over those nations’ maritime boundary.
Wednesday, March 25th 2009 - 03:24 UTC
Gibraltar wins Seatrade Cruise Shipping award

The Gibraltar Cruise Terminal has won an award at the Seatrade Cruise Shipping convention held in the US city of Miami last week. Gibraltar received the 2008 award for the “Most Efficiently Managed and Operated Cruise Terminal in the Mediterranean”.
Wednesday, March 25th 2009 - 03:21 UTC
Chile invests in ports to boost cruise ship tourism

Chile's Ministry of Public Works (MOP) recently launched a 15.5 million US dollars plan to build infrastructure in five of the country’s ports to allow cruise ships (some over 300 meters long) to dock in Easter Island and the Patagonia.
Tuesday, March 24th 2009 - 13:43 UTC
Brazil’s future as emerging power “linked to regional situation”

Brazil’s future as an emerging power is closely linked to the regional situation according to President Lula da Silva’s international affairs advisor Marco Aurelio García.
Tuesday, March 24th 2009 - 13:42 UTC
Tall ships regatta scheduled to call in Punta Arenas next summer

A tall ships regatta to commemorate the 200 anniversary of Chile’s independence from colonial Spain has been organized for the summer of 2010. The idea is similar to that of the United States in 1976, when tall ships from all over the world gathered for the bicentennial.
Tuesday, March 24th 2009 - 13:28 UTC
Obama’s chief economic advisor slams back at Krugman

US President Barack Obama's chief economic adviser Monday beat back recent criticism, from liberal economist Paul Krugman over the administration's latest bank rescue plan, telling CNN Krugman was too quick to pass judgment.
Tuesday, March 24th 2009 - 13:26 UTC
EC expected to act on countries swelling budget deficits

The European Commission is expected to set deadlines on Tuesday for France, Greece, Ireland, Spain and the UK to rein in their swelling budget deficits. Under EU rules, countries are expected to keep their budget shortfalls below 3% of gross domestic product (GDP).
Tuesday, March 24th 2009 - 13:19 UTC
WTO forecasts 9% drop in global trade volume in 2009

Global trade will experience its biggest annual drop in more than 40 years this year, the World Trade Organization said Monday. In its annual trade outlook, the WTO said that the economic recession will cut the desire for the countries to do business with one another in 2009, slicing the actual volume of exports by 9%.
Tuesday, March 24th 2009 - 13:14 UTC
Vietnam targets Brazil and Chile as seafood markets

Vietnamese businesses are looking to South America for new market opportunities for a range of competitive products, including seafood, trade officials said. Brazil has authorized 60 Vietnamese companies to export fish products to the country the Vietnam Trade Office in Brazil confirmed, reports Vietnam Net.
Tuesday, March 24th 2009 - 13:09 UTC
Gibraltar Tripartite talks a “model” for dispute management

The Gibraltar Tripartite Forum model, with all parties having their own voice and with an open agenda for discussion, provides a mechanism for the management (if not the resolution) of any dispute. That is one of the conclusions reached by Professor Peter Gold of the University of West England in a recent academic article on the Gibraltar ‘problem’.