Stories for August 2010

Thursday, August 19th 2010 - 06:05 UTC
Rockhopper confirms Falklands’ drilling program; shares rebound

After stating that its first well (Ernest) drilled in the southern part of the North Falkland Basin has been declared dry, Rockhopper Exploration (AIM: RKH) was sold down to 265p before rallying sharply to close Wednesday only 2.5p cheaper at 301.25p.
Thursday, August 19th 2010 - 06:00 UTC
National Geographic wants to protect Chilean pristine marine life Island

Chile’s Salas y Gómez Island has caught the attention of The National Geographic Society as one of the most pristine marine sites in the world.
Thursday, August 19th 2010 - 05:50 UTC
African coastal states organize network to tackle illegal fishing

Representatives from African coastal states attend a workshop in the United Kingdom designed to build capacity in tackling illegal, unregulated and unreported (IUU) fishing. IUU fishing is damaging to fish stocks, the marine environment, food security and wider economic growth and development.
Thursday, August 19th 2010 - 05:47 UTC
Undercover-anglers stop slaughter of whales on Faroe Islands

As soon as pilot whales are sighted in the waters off the Faroe Islands the hunting frenzy takes hold of the about 48.000 inhabitants. Boats are launched and pods of whales are herded into the next official hunting bay.
Thursday, August 19th 2010 - 03:11 UTC
Latam’s business climate in July reached highest level in a decade

Business climate in Latin America reached in July its highest level in a decade according to the joint report from Brazil’s Getulio Vargas Foundation and Germany’s Economic Research Institute (IFO) from the University of Munich.
Thursday, August 19th 2010 - 03:09 UTC
Brazil wealthiest man pays 285.000 USD for Lula da Silva’s inauguration suit

Brazil’s wealthiest man, Eike Batista paid the equivalent of 285.000 US dollars for the inauguration suit of President Lula da Silva when he first took office in January 2002. The sale was part of a charity auction to collect funds for a famous Sao Paulo favela (shanty town) that goes by the name of Paraisopolis, (Paradise City).
Thursday, August 19th 2010 - 02:57 UTC
Argentine economic activity expands 11.1% in June over a year ago

Argentina’s economic activity expanded 11.1% last June compared to the same month a year ago, anticipated President Cristina Fernandez de Kirchner during the celebration of the 126th anniversary of the Rosario Chamber of Commerce.
Thursday, August 19th 2010 - 02:54 UTC
Over-supply of homes hindering US economic recovery says Obama

President Barack Obama has said an over-supply of homes is hindering the US economic recovery. Obama also said the US had to find a way to curb its budget deficit without further slowing economic growth.
Thursday, August 19th 2010 - 02:42 UTC
Peruvian court revokes parole of US woman linked to terrorist group

A court in Peru has revoked parole for a US woman who was imprisoned for aiding a left-wing terrorist group. Lori Berenson turned herself into police after judges ordered that she be sent back to prison to finish the last five years of her 20-year sentence
Wednesday, August 18th 2010 - 19:47 UTC
Chile’s investments abroad amount to 54 billion USD, mostly Latinamerica

Chile's investment abroad amounted to about 54.2 billion US dollars between 1990 and June 2010, distributed among more than 70 countries from the Americas, Europe, Asia, Oceania and Europe, according to a report released Monday by the General Directorate of International Economic Relations (DIRECON).