Stories for April 2010

Wednesday, April 28th 2010 - 01:50 UTC
World Seafood Industry Employs 45 Million and 500 Million Live from Fish Income

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.
Wednesday, April 28th 2010 - 01:33 UTC
Chile Wins Bid for World’s Largest Telescope to be Built in Atacama Desert

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.
Wednesday, April 28th 2010 - 01:19 UTC
Argentina Hosting FAO Fisheries Meeting to Upgrade Fish Trade and Conservation

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.
Wednesday, April 28th 2010 - 01:09 UTC
Unemployment in Spain Soars to 20.05%; 4.61 Million Jobless

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.
Wednesday, April 28th 2010 - 01:04 UTC
Bernanke Warns White House About Failure to Reduce Federal Budget Deficit

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.
Tuesday, April 27th 2010 - 23:39 UTC
“Boobquake” Day Shakes Taiwan and South Sandwich Islands

If a senior Iranian cleric is to be believed, the 6.9 magnitude earthquake in Taiwan was a boobquake, not an earthquake. Hojatoleslam Kazem Sedighi warned last week that “women, who do not dress modestly... lead young men astray, corrupt their chastity and spread adultery in society, which [consequently] increases earthquakes”.
Tuesday, April 27th 2010 - 23:09 UTC
Paraguayan Press Blasts 37 Anniversary of Brazilian “Imperial Itaipú Treaty”

Paraguay’s president Fernando Lugo said he is looking forward to the coming meeting next May 3 with his Brazilian counterpart Lula da Silva because he would be coming back with “good news” referred to the shared power from Itaipu, the world’s second largest hydroelectric dam belonging to both countries.
Tuesday, April 27th 2010 - 22:38 UTC
Chilean Conservation Groups Reject Whaling Commission Latest Proposals

A new proposal announced last week by the International Whaling Commission (IWC) would allow the killing of a number of whales in the Antarctic Ocean off the coast of Chile and has Chilean environmental groups upset.
Tuesday, April 27th 2010 - 22:06 UTC
US Senate Claims Goldman Sachs Knowingly Profited from Mortgage Collapse

The chairman of an inquiry into the causes of United States' financial meltdown has attacked the role of Goldman Sachs. Senator Carl Levin spoke of the reckless greed that infected Wall Street's financial community.
Tuesday, April 27th 2010 - 21:57 UTC
IMF Warns Latam “Cheap and Abundant Credit” Rises Risk of Boom-Bust Cycle

Latin American economies as a whole are recovering nicely from the global economic downturn but “cheap and abundant external finances raise the risk of a boom-bust cycle”, said Nicolas Eyzaguirre, IMF Western Hemisphere Department Director.