Stories for May 2010

Saturday, May 22nd 2010 - 00:29 UTC
Ban on bi-valve molluscs extraction along Buenos Aires province coastline

Argentina’s province of Buenos Aires re-confirmed on Friday the total ban of commercial, artisan and/or visitors’ extraction of bi-valve molluscs along the South Atlantic coast of the province.
Saturday, May 22nd 2010 - 00:28 UTC
UN Environment Program questions ‘free market” policies for global fisheries

UN's top environment official has echoed warnings that commercial fishing could be destroyed within 50 years. “It is not a science fiction scenario. It is within the lifetime of a child born today,” said Achim Steiner, head of the UN Environment Program (Unep).
Saturday, May 22nd 2010 - 00:15 UTC
An estimated 26 million tons of fish illegally landed every year, warn researchers

Global measures to regulate the fishing industry lack the capability to tackle illegal catches, warn researchers. Writing in the journal Science, they say that up to 26 million tons of fish, worth an estimated 23 billion USD are landed illegally each year.
Saturday, May 22nd 2010 - 00:10 UTC
Chile’s drops in world competitiveness ranking but still top of Latam

Chile fell from number 25 to number 28 on the World Competitiveness Yearbook that includes 58 countries. This is Chile’s worst position since 2000, when it ranked number 30. The highest position it has had is 18, in 2005.
Saturday, May 22nd 2010 - 00:07 UTC
Magallanes tourism operators want regional official representative removed

Tourism operators from the extreme south of Chile in Punta Arenas are demanding that the regional representative of the national Tourism Office, Senatur, Christian Miranda resign and be immediately replaced.
Friday, May 21st 2010 - 06:15 UTC
Sarkozy and Merkel pledge to support the Euro and solve EU debt crisis

France and Germany pledged on Thursday to work together to solve a European debt crisis and support the Euro, patching up a public rift that had rattled markets around the world.
Friday, May 21st 2010 - 06:12 UTC
US Senate approves sweeping overhaul of financial regulations

The US Senate passed a bill Thursday providing the most sweeping overhaul of financial regulations since the 1930s. The Senate passed the bill by 59 votes to 39. It must still be merged with a version in the House.
Friday, May 21st 2010 - 06:10 UTC
Spanish cabinet approves draconian budget cuts; public sector protests

The Spanish government approved on Thursday approved a €15 billion (19 billion US dollars) austerity plan aimed at reducing the country's large fiscal deficit and easing concerns that Spain could follow Greece into a debt crisis.
Friday, May 21st 2010 - 03:40 UTC
Euro fiscal crisis and local inflation tarnish Brazilian glitter

Brazil's Bovespa stocks index and the Real lost ground for a sixth straight session Thursday as investors continued to sell local assets given the depressed global economic outlook following on fears about the Euro fiscal crisis and disappointing data on the health of the US economy.
Friday, May 21st 2010 - 02:48 UTC
Peru en route to become the world’s fifth gold producer

Peru’s Ministry of Energy and Mines (MEM) said this week that the country would rank among the world’s top 5 gold producers before 2015 thanks to the production potential and increased investment in the sector.