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).
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.
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.
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.
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.
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.
Argentina formally accepted Wednesday apologies from the Spanish government which admitted having committed a “protocol error” on allowing the presence of a delegation from the Falkland Islands in an international fisheries sustainability conference, reports Efe, the Spanish government news agency quoting the head of Argentina’s Fisheries Department Norberto Yauhar.
FALKLANDS delegates at an important fisheries conference in Spain were infuriated this morning by an Argentine protest against their participation. The First World Summit on Fishing Sustainability is taking place in Baiona, Pontevedra.
Farm land sales in Uruguay during the first half of 2009 dropped, but the average price for the hectare actually increased 25% compared to the same period a year ago, according to the latest release from the Ministry of Agriculture Statistics Office (DIEA).
Uruguay and the United States expressed concern Tuesday that recent weapons purchases could lead to an arms race in South America. In a joint appearance, Uruguayan President Tabare Vazquez and Secretary of State Hillary Rodham Clinton also pledged co-operation on trade, scientific research and other fields.