Stories for October 2010

Thursday, October 14th 2010 - 05:51 UTC
US Treasury Secretary sees “no risk” of global currency war

United States Treasury Secretary Timothy Geithner said he sees “no risk” of a global currency war and wants to maximize incentives for China to allow its Yuan to rise in value. He told the Charlie Rose Show in an interview that China would work against its basic development objectives if it kept its currency undervalued.
Thursday, October 14th 2010 - 05:46 UTC
China admits “currency war” spectre but responsibility is shared by G20

China is trying to avoid a currency war, but issues concerning any specific currency should not be treated as part of an agenda at G20 meetings, a Chinese G20 negotiator said.
Thursday, October 14th 2010 - 05:44 UTC
China’s forex reserves already world’s largest surge to 2.65 trillion USD

China's foreign exchange reserves, the world's largest, surged to US$2.65 trillion at the end of last month, adding fuel to complaints that the nation's curbs on gains in the Yuan are undermining the global recovery.
Thursday, October 14th 2010 - 05:37 UTC
Gold hits a new record as investors seek protection against sinking US dollar

World stocks jumped to a six-month high, gold hit another record, and the dollar weakened on Wednesday on expectations that the US Federal Reserve will further loosen monetary policy, boosting risk appetite.
Thursday, October 14th 2010 - 05:35 UTC
US farm exports forecasted to surpass the 2008 record of 115 billion US dollars

United States farm exports may surpass a 2008 record of 115.3 billion US dollars on surging corn, soybean and wheat prices, according to Joe Glauber, the US Department of Agriculture’s chief economist.
Thursday, October 14th 2010 - 05:32 UTC
Argentine farmers warn on deteriorating conditions for agriculture and livestock

The combination of policies from the Argentine presidential Kirchner couple and scarce rainfall have had devastating consequences for agriculture and livestock breeding, claimed Hugo Luis Biolcati president of the Argentine Rural Society, SRA, the country’s strongest farmers’ lobby.
Thursday, October 14th 2010 - 05:24 UTC
Mission accomplished: “Long live Chile” echoed all along the country

Chile's president said his country will never be the same again after the extraordinary rescue of the 33 miners trapped deep underground for 69 days. Sebastian Piñera said he thought Chile was “more united and stronger than ever”, and “more valued” worldwide.
Wednesday, October 13th 2010 - 23:36 UTC
FAO promotes agriculture resources in Eastern Europe and Central Asia

The countries of Central and Eastern Europe and Central Asia have vast untapped agricultural resources and can play a vital role in improving world food security, the FAO and EBRD (European Bank for Reconstruction and Development) said at the opening of a two-day meeting in Istanbul this week.
Wednesday, October 13th 2010 - 23:32 UTC
First global guidelines for aquaculture certification adopted at FAO

The first global guidelines for aquaculture certification have been adopted by the Sub-Committee on Aquaculture of the Committee on Fisheries, part of the UN Food and Agriculture Organization. Over 50 countries attended the meeting of the sub-committee, which is the only global intergovernmental forum discussing aquaculture development.
Wednesday, October 13th 2010 - 23:30 UTC
Humpback whale breaks record travel distance: 10.000 km from Brazil to Madagascar

A female humpback whale has broken the world record for longest distance ever travelled by a mammal, covering more than 9,800 kilometres from the Atlantic Ocean to the Indian Ocean while searching for a mate, according to a new study published in the journal Biology Letters.