Stories for August 2011

Friday, August 26th 2011 - 03:16 UTC
Amazon has a twin river that flows 4.000 metres below the ground

Brazilian scientists say they have found signs of a huge underground river flowing far beneath the Amazon River, reports O Estado de Sao Paulo.
Friday, August 26th 2011 - 03:14 UTC
Greenpeace claims top-brand clothing garments tainted with toxic chemicals

Toxic chemicals harmful to the environment and to human health have been detected in products made by 14 top clothing manufacturers, Greenpeace said this week.
Friday, August 26th 2011 - 03:10 UTC
Delta decides to buy American and orders 100 Boeing 737 worth 8.5bn dollars

Delta Air Lines Inc. agreed to buy 100 Boeing Co. 737 single-aisle jets with a catalogue value of 8.5 billion dollars as the carrier postponed plans to buy another 100 smaller jets from Brazil’s Embraer SA or Canada’s Bombardier Inc.
Friday, August 26th 2011 - 03:08 UTC
Warren Buffett comes to the rescue of Bank of America

US billionaire Warren Buffett's company Berkshire Hathaway has announced it is investing 5 billion dollars in Bank of America. News of the famous investor's move sent Bank of America's shares up by 25%, before moving back to 10% ahead.
Friday, August 26th 2011 - 02:55 UTC
UN and Amnesty praise Peruvian law on consultation with indigenous peoples

The UN Special Rapporteur on the rights of indigenous peoples, James Anaya and Amnesty International praised the approval of a law on consultation with indigenous peoples by the Congress of Peru and called on President Ollanta Humala for its quick promulgation and implementation.
Friday, August 26th 2011 - 02:52 UTC
Mining companies agree to pay Peru an extra billion dollars annually

Peru has reached an agreement with mining companies that will raise the industry’s annual payments to the government to about one billion dollars, the government said on Thursday, fulfilling a campaign promise by President Ollanta Humala.
Thursday, August 25th 2011 - 06:47 UTC
Unasur agrees to greater economic coordination but remains divided on Libya

Union of South American Nations, Unasur, Foreign Affairs ministers agreed Wednesday in Buenos Aires to increase economic coordination and send monitoring missions to regional elections but could not reach a common position on the Libyan situation.
Thursday, August 25th 2011 - 06:42 UTC
Thousands of tons of undistributed food had to be destroyed in Venezuela

Venezuelan opposition lawmaker Neidy Rosal claimed before the country’s Prosecutors Office that an estimated 160.000 tons of food, in decomposing conditions, were being destroyed by the government’s Food Production and Distribution Office, Pvdal, in the state of Carabobo.
Thursday, August 25th 2011 - 06:33 UTC
HMS Edinburgh visits South Georgia to test land and sea forces

HMS Edinburgh visited this month South Georgia as part of her six-month South Atlantic and Falkland Islands duties which included training soldiers in a cold weather environment and give sailors the chance under such challenging conditions.
Thursday, August 25th 2011 - 06:31 UTC
Mexican billionaire Slim boosts stakes in Saks and New York Times

Mexican billionaire Carlos Slim spent 8.8 million dollars to boost his stakes in Saks Inc. and New York Times adding to his biggest US holdings as the stock market slumped last week. Saks gained the most in almost a year.