Stories for August 2010

Tuesday, August 17th 2010 - 09:05 UTC
On-shore natural gas find could supply 30% of Brazil’s domestic demand

Brazilian oil and gas company OGX said Monday that a new onshore field in the north-eastern state of Maranhao holds up to 15 trillion cubic feet of natural gas.
Tuesday, August 17th 2010 - 09:04 UTC
Remarkable photos of the August 1968 Soviet-led invasion of Prague

The Argentine foundation for the endowment of art and culture OSDE has opened an exhibition in Buenos Aires which recalls the Soviet invasion of Prague in 1968. The remarkable photographs were taken during one week in August of 1968, which capture the Soviet-led invasion of Prague.
Tuesday, August 17th 2010 - 08:58 UTC
Uruguay: world’s leading consumer of beef with 58.2 kilos per capita per annum

Uruguayans eat an average of 58.2 kilos of beef which makes them the world’s leading consumers per capita, per annum according to the country’s president of the National Meats Institute, INAC, Alfredo Fratti.
Tuesday, August 17th 2010 - 08:56 UTC
“Argentina/UK relation must go beyond the Falklands/Malvinas conflict”

The Argentina/UK relation must go beyond the Falklands/Malvinas conflict, said British ambassador Shan Morgan during a recent visit to Salta, one of Argentina’s most northern provinces famous for its landscape and agro-industry potential. She also praised Argentine labour and talent and was hopeful a trade agreement could soon be reached with the European Union.
Monday, August 16th 2010 - 20:57 UTC
HMS Portland in Falklands’ tri-service exercise and patrolling South Georgia

The Royal Navy frigate HMS Portland lead the Maritime component in a Tri-Service week long exercise “Purple Strike” involving all of the military units based in the Falkland Islands. Exercises are conducted on a regular basis to ensure all units are prepared and capable of dealing with any eventuality, including the ability to defend the Falklands if required.
Monday, August 16th 2010 - 19:26 UTC
US militant apologizes for collaborating with terrorism in Peru

United States citizen Lori Berenson apologized to the Peruvian people for collaborating with a terrorist group and asked an appeals court to let her remain free on parole. She was sentenced to 20 year in prison and was released last May after serving 15 years, three fourths of the sentence.
Monday, August 16th 2010 - 19:11 UTC
Scientists survey krill fishery and possible marine protected area in South Georgia

The two South Georgia Island King Edward Point (KEP) based scientists are undertaking regular winter survey work at sea to investigate the spatial overlap between the winter krill fishery and the distribution of foraging predators and fish larvae in South Georgia waters, reports the SG newsletter.
Monday, August 16th 2010 - 18:56 UTC
U.S. Dollar Direction In 2nd Half of 2010

The last two years have been quite volatile in financial markets. First, in the fall of 2008, it appeared that the entire global economic system was headed toward inevitable destruction as US financial institutions Bear Stearns, Fannie Mae & Freddie Mac, and Lehman Brothers all collapsed in September of ’08.
Monday, August 16th 2010 - 05:08 UTC
Argentina official July inflation, 0.8%; private sector and unions: 1.9%

Argentina’s annual inflation rate in July rose to the highest level since May 2006, led by higher costs for leisure goods and clothing. Consumer prices increased 11.2% from a year earlier and 0.8% from June the national statistics institute Indec, said.
Monday, August 16th 2010 - 05:05 UTC
Argentina developing satellite launcher; ready by 2013 in Puerto Belgarno

Argentina is in the process of developing a satellite launcher which could become operational in three years time, making it the sixth country in the world with that capacity, according to a Sunday edition report in La Nacion.