The Chinese Commerce Ministry said it would impose a 105.4% tariff on U.S. chicken exports after concluding they were unfairly priced. After a yearlong investigation, China concluded US exporters were selling chicken in China at prices that were lower than the costs of production, a practice known as product dumping.
Desire Petroleum (AIM:DES) the first oil and gas exploration company to contract a rig and begin the current round of drilling in the Falkland Islands announced Monday the spudding of its second exploration well, Rachel 14/15-1.
UK Foreign Secretary William Hague announced a review of the overall approach of the coalition government towards the Overseas Territories and stated that contrary to France the UK does not regard OT as part of the home state nor has plans for such a move, reports Panorama.
Contrary to what is happening in the rest of emerging markets Argentine government efforts to weaken the peso are working. In the past three months the peso has declined 0.8% against the dollar, while for Mercosur associates Brazil and Uruguay their currencies have strengthened in the range of 3 to 5%.
The last airworthy Cold War British Vulcan bomber, and 1982 Falklands conflict veteran, could have made its final public flight on Sunday unless its owners can raise £400,000 by the end of October.
Britain's Prince William is apparently battling to serve in the Falkland Islands with his Royal Air Force (RAF) search and rescue squadron. The pilot Prince is determined to fly alongside colleagues when they are sent to the UK outpost within the next two years.
Venezuelan President Hugo Chavez suffered a serious setback last Sunday when he lost his two-thirds majority in the National Assembly reflecting increasing disenchantment with the charismatic leader and his administration’s failures and pose a great challenge for his 2012 re-election aspirations.