Authorities at the Falkland Islands Mount Pleasant military base (MPC) have confirmed their interest in developing a wind farm that could bring the Falkland Islands Government (FIG) considerable benefits.
Shares across the globe fell sharply after German chancellor Angela Merkel said bond investors in Greece may have to take a hit even if a bail-out is agreed. With Merkel facing increased domestic opposition to the planned bailout and with elections imminent she has been talking tough, demanding Greece pay higher interest on any money it borrows than was originally agreed.
New regulations, such as retailers’ requirement that fish must be certified as sustainable, and the impact of the global economic crisis are affecting the seafood industry, especially producers in developing nations, according to the United Nations Food and Agriculture Organization FAO.
Chile has won its bid for the world’s largest telescope to be constructed on its shores. The 42-metre European Extremely Large Telescope will be built in Chile’s north—3,060 meters above sea level on a mountain known as Armazonas.
The UN Food and Agriculture Organization (FAO) Committee on Fisheries (COFI) is meeting this week in Buenos Aires to examine technical and economic aspects of the international trade in fish and fishery products.
Spain's jobless rate has risen past 20% for the first time in 13 years, according to figures made public by the National Statistics Institute (INE) on Tuesday. Unemployment rate was 20.05% in the first quarter of this year, up from 18.83% in the last quarter of 2009.
Federal Reserve Chairman Ben S. Bernanke said a failure to reduce the federal budget deficit may push up interest rates over time and impair economic growth, putting the recovery at risk.