Stories for July 2010

Wednesday, July 21st 2010 - 07:04 UTC
Peru and Chile agree on confidence building measures in defence affairs

Peruvian Defence Minister Rafael Rey said this week that representatives from Chile and Peru would meet next Monday for the first time in an effort to establish common criteria for approving military expenditures. Rey also said he would meet with his Chilean counterpart, Jaime Ravinet, in Lima in August.
Wednesday, July 21st 2010 - 06:59 UTC
Argentine only has natural gas reserves for the next seven years

Argentina’ natural gas reserves dropped to half their 2000 level when they totalled 378.862 million cubic metres, which means at the current consumption rate in seven and a half years the country will ran out of the vital fuel, according to a report released this week in Buenos Aires.
Wednesday, July 21st 2010 - 06:52 UTC
Forty million world-wide learning Chinese at Confucius Institutes

Over 40 million people are learning the Chinese language and interest keeps growing as Beijing’s international influence expands world wide according to Xu Lin, Director of the Institute to promote the language overseas and head of the Confucius Institute. ”Achievements are noticeable in the promotion of Chinese language and culture.
Wednesday, July 21st 2010 - 06:43 UTC
Lan Chile renews fleet and purchases 50 Airbus A320 family

Chile’s flag air carrier Lan Airlines S.A. and its subsidiaries, one of the leading airlines in Latin America, announced Tuesday an agreement for the purchase of 50 modern Airbus A320 family aircraft to be delivered between 2012 and 2016.
Wednesday, July 21st 2010 - 06:33 UTC
UK airline orders 35 Brazilian aircraft worth 1.3 billion USD

British airline Flybe has struck a deal with Brazilian plane manufacturer Embraer to buy 35 aircraft worth 1.3 billion US dollars, as it drives expansion in continental Europe. The announcement was done Tuesday during the Farnborough Air Show in England.
Wednesday, July 21st 2010 - 06:30 UTC
Spain’s 2010 tourism receipts down for the third year running

For the third year running Spain tourism receipts will fall in 2010 according to the Exeltur, the Alliance for Tourism Excellence which brings together the country’s industry. The latest data indicates that real receipts this year will drop an estimated 2.4% to 37.2 billion US dollars following a 10.6% fall in 2009 and 1% in 2008.
Wednesday, July 21st 2010 - 06:24 UTC
Whisky Galore” rare bottle of Ballantine’s to be auctioned next August

A rare bottle of whisky salvaged from a shipwreck, on which the novel and film Whisky Galore were based, is to go under the hammer in Scotland. The bottle of Ballantine's is thought to have been recovered from the wreck of SS Politician in the 1950s or 1960s.
Wednesday, July 21st 2010 - 06:16 UTC
Chile begins reconstruction of cities hit by February earthquake

Nearly five months after the Feb. 27 earthquake in Chile, the cities of Talca and Curicó, two of the hardest hit areas have begun the first steps to rebuild their historic centres, which together account for almost 364 blocks of severely damaged landscapes.
Wednesday, July 21st 2010 - 06:10 UTC
Cameron admits to having cheered for Germany in World Cup

British Prime Minister David Cameron made a soul-searing confession before the eyes of the world on Tuesday: he admitted having cheered for Germany after they vanquished England at the World Cup.
Wednesday, July 21st 2010 - 05:49 UTC
BP sells assets in US, Canada and Egypt to pay clean up bill

British Petroleum is to sell assets in Texas, Canada and Egypt, to part-fund the clean-up cost of the Gulf of Mexico oil spill. The oil giant said it had reached a 7 billion US dollars deal with US-based oil production firm Apache Corp.