Stories for April 13th 2010

Tuesday, April 13th 2010 - 02:41 UTC
IMF boosts new emergency lending facility ten fold to 550 billion USD

The Executive Board of the International Monetary Fund (IMF) approved Monday a ten-fold expansion of the Fund’s New Arrangements to Borrow (NAB) and the transformation of the Fund’s premier standing credit arrangement into a more flexible and effective tool of crisis management.
Tuesday, April 13th 2010 - 02:35 UTC
Polish tragedy marks European Union first day of official mourning

Russia and the European Union marked Monday an official day of mourning as Poland observes a week of commemoration following the deaths of President Lech Kaczynski, the first lady, and dozens of senior Polish leaders and military officials in a plane crash in Russia on Saturday.
Tuesday, April 13th 2010 - 02:27 UTC
Chilean tribunal upholds controversial law in support of salmon industry

Chilean salmon industry leaders celebrated the decision by the Constitutional Tribunal (TC) to reject a challenge to the newly passed “Ley de Pesca” (Fishing Law).
Tuesday, April 13th 2010 - 01:29 UTC
Research shows Omega-3 may boost diabetics' kidney health

Kidney function improved in type-1 diabetics with the highest average intake of eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) versus those who consumed the lower fatty acids intakes, according to the latest issue of the journal Diabetes Care.
Tuesday, April 13th 2010 - 01:10 UTC
Brazilian farmers forecasted to increase soybeans acreage next season

Brazil's soybean farmers will plant their highest-ever acreage next season, despite growing pest problems and soaring fertilizer and transport costs.
Tuesday, April 13th 2010 - 01:02 UTC
USDA predicts largest global glut of wheat since 2002

The world will have so much wheat this year that the US farmers could leave every acre unplanted and still have a surplus, a sign of more losses after futures had their worst first quarter in 15 years.
Tuesday, April 13th 2010 - 01:01 UTC
Brazil’s success with second season crop behind record production of corn

Increased success in second crops is behind the continued strength in Brazil's corn production despite a decline in plantings, the US Department of Agriculture has said.
Tuesday, April 13th 2010 - 00:25 UTC
Washington Post ad calls on Mrs Kirchner to cancel coal plant in Patagonia

In an attempt to take advantage of President Cristina Fernández de Kirchner's visit to the US (CFK is attending the Nuclear Security Summit), Greenpeace has posted a paid announcement on The Washington Post newspaper as a way to protest against the construction of a coal-fuelled power plant in Río Turbio, Santa Cruz province.
Tuesday, April 13th 2010 - 00:19 UTC
Brazilian authorities begin evacuation of shantytown ahead of planned demolitions

Brazilian authorities evacuated thousands of shantytown residents Sunday so their houses could be demolished after heavy rains that killed at least 224 people last week threatened further landslides.
Tuesday, April 13th 2010 - 00:17 UTC
China reports first trade deficit in 6 years and drastic drop in bank lending

China reported a rare monthly trade deficit for the first time since May 2004. China’s foreign trade was up nearly 43% in March to over 231 billion USD, out of which exports accounted for about 112.1 billion and imports about 119.4 billion.