Stories for April 2009

Tuesday, April 7th 2009 - 05:17 UTC
Argentina closes Southern squid fishery: 16 year record low catches

Argentina’s Federal Fisheries Council (CFP) unanimously voted to close the squid (Illex argentinus) fishery south of parallel 46°, as a precautionary protection measure for the southern Patagonian stock. Adopted last week, the move was spurred by the latest scientific data presented on how the major fishery was evolving and its dangerously low catches.
Monday, April 6th 2009 - 21:10 UTC
Project for the development of aquaculture in the Falklands

Falkland Islands aquaculture project and research on species with potential to help develop a local industry was underlined in a piece released in the Fishupdate.com portal. Development of the aquaculture and marine farming project are part of a major review of the Falklands fisheries policy, adds the article.
Monday, April 6th 2009 - 15:16 UTC
LAN Airline Will Reduce Its CO2 Emissions

Chilean-based LAN Airlines recently announced it will reduce the consumption of combustible fuel by 16.6 million gallons each year with the installation of “winglets” on all 37 of its Boeing 767-300 aircrafts as part of the airline’s endeavor to improve flight efficiency.
Monday, April 6th 2009 - 14:41 UTC
Antartic: Wilkins Ice Bridge Breaks

An ice bridge which held a vast Antarctic ice shelf in place shattered at the weekend and could herald a wider collapse linked to global warming, a leading scientist has warned. “It's amazing how the ice has ruptured. Two days ago it was intact,” said David Vaughan, a glaciologist with the British Antarctic Survey.
Monday, April 6th 2009 - 10:38 UTC
Latam positive about G20 results, but implementation is also vital

The G-20 summit decision to inject 1.1 trillion US dollars to the global economy to prop trade and overcome the financial collapse can be beneficial for Latinamerica but measures have to be implemented and proven efficient, according to experts from the region.
Monday, April 6th 2009 - 10:32 UTC
Mexico sets up 150 billion US dollars barrier to end market volatility

Mexico asked the International Monetary Fund for a 47 billion US dollars credit line which is to be added to the 30 billion swap line with the Federal Reserve to help shore up the economy and end market volatility.
Monday, April 6th 2009 - 10:30 UTC
Best March performance in 15 years for Latam financial markets

Latin American financial markets recorded their best monthly performance during March in more than 15 years, as signs of stabilization in the global financial system encouraged investors to take on risk.
Monday, April 6th 2009 - 10:23 UTC
HSBC shareholders support bank with 17.7 billion US dollars

Britain’s HSBC bank shareholders have bought 96.6% of the new shares they were offered. Unlike many of its rivals, HSBC has not received government support, but it still needed some extra funding as a result of the credit crunch.
Monday, April 6th 2009 - 10:14 UTC
Latam airlines consider airport security costs and standards

Latinamerican countries must standardize security norms in airports but without this meaning an obstacle for staff and passengers, said IATA (International Air Transport Association) regional vice-president Patricio Sepulveda during the Latinamerican Civil Aviation Conference, CLAC, and currently held in Chile.
Monday, April 6th 2009 - 09:41 UTC
Tokyo’s plan to ship back 400.000 “nikkeis” to South American

The Japanese government is planning to combat unemployment by sending back to their countries of origin 400.000 South American immigrants of Japanese stock. The idea is to pay them a small subsidy and a one way ticket to South America, an initiative that has generated some controversy in the Japanese press.