MercoPress. South Atlantic News Agency
Stories for September 17th 2009
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Thursday, September 17th 2009 - 13:30 UTC
Antarctica ozone hole predicted to be the smallest in recent years
The hole in the ozone layer over Antarctica this year should reach 25 million square kilometers, or two million square kilometers less than in 2008, announced Wednesday the World Meteorological Organization (WMO).
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Thursday, September 17th 2009 - 13:26 UTC
China to invest 16 billion USD to develop new oilfields in Venezuela
Venezuelan President Hugo Chavez announced Wednesday that China will invest 16 billion US dollars to boost oil production in the country particularly along the Orinoco River, as part of a strategy to reduce dependence on the US market.
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Thursday, September 17th 2009 - 13:23 UTC
OECD warns of 25 million jobless in industrialized countries
The Organisation for Economic Co-operation and Development (OECD) says the global recession could cost 25 million people their jobs. This is despite recent signs that economies of its 30 member countries may be starting to recover.
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Thursday, September 17th 2009 - 13:19 UTC
US/China “tit for tat” tires’ trade clash sounds alarm bell in WTO
World Trade Organization Director General Pascal Lamy expressed concern Wednesday about the latest move from the US President Obama administration to restrict imports of Chinese-made tires.
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Thursday, September 17th 2009 - 13:16 UTC
Warren Buffett says US economy still has not begun to climb out of recession
The United States economy has not begun to climb out of the worst recession since the Great Depression but the 'terror' that followed last year's near-collapse of the financial system is gone due in part to government intervention, billionaire investor Warren Buffett said this week in California.
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Thursday, September 17th 2009 - 13:10 UTC
Jobless number climbs to 2.47 million in Britain, highest since 1997
British unions and employers have reacted with alarm after unemployment surged to a 14-year high prompting fresh calls for Government help for the growing army of jobless. The total now stands at 2.47 million following a 210,000 rise in the three months to July.
