Stories for September 9th 2011

Friday, September 9th 2011 - 23:23 UTC
Deep sea fishing is ‘unsustainable’; efforts should concentrate on ‘productive local waters’

A team of marine scientists is urging an end to most commercial fishing in the deep sea and instead recommending fishing in more productive and local waters. In their analysis published online in the journal ‘Marine Policy’, the team shows that all deep-sea fisheries are unsustainable.
Friday, September 9th 2011 - 22:40 UTC
Argentina to propose temporary increase of some import tariffs in Mercosur framework

Argentina is considering a temporary increase of tariffs on some imports, following on Brazil’s steps, but is also thinking of a formal proposal to its Mercosur partners.
Friday, September 9th 2011 - 22:05 UTC
Mercosur and Mexico auto industry agree to jointly compete with Asia

Mercosur and Mexico signed an agreement which virtually liberates all bilateral auto industry trade and opens prospects for joint undertakings world wide. The event took place in Montevideo, administrative capital of Mercosur.
Friday, September 9th 2011 - 18:59 UTC
Falklands’ government names Public Relations and Media Manager

The Falkland Islands Government announced Thursday the appointment of Darren Christie to the post of Public Relations and Media Manager.
Friday, September 9th 2011 - 18:49 UTC
Four seriously injured when Korean fishing vessel catches fire in Montevideo

Four crewmen seriously injured and a total loss was the result of a fire that broke out Thursday night in a Korean flagged fishing vessel docked in the port of Montevideo and was still burning Friday morning.
Friday, September 9th 2011 - 15:49 UTC
ECB sovereign bond purchasing policy splits ECB; Germans quit in protest

The European Central Bank in Frankfurt confirmed in a Friday afternoon statement that its chief economist and executive board member Jürgen Stark had resigned “due to personal reasons.”
Friday, September 9th 2011 - 15:44 UTC
Small shareholders question Pemex stake doubling in Repsol-YPF

A group representing minority shareholders asked Spain’s CNMV stock market regulator to investigate the recent move by Mexican state oil company Pemex to double its stake in Spanish energy giant Repsol-YPF.
Friday, September 9th 2011 - 15:28 UTC
UK will reinforce and expand presence in Latin America, says Hague

The UK will reinforce and expand its diplomatic presence in Latin America beefing up embassies and reopening others that have been closed in recent years, said Foreign Secretary William Hague.
Friday, September 9th 2011 - 15:00 UTC
Oil discovery off French Guiana, “mirror” of Jubilee field off Ghana, says Tullow

Tullow Oil has announced an oil discovery from an exploration well off the coast of French Guiana. The drilling encountered 72 metres of net oil pay in two turbidite fans.
Friday, September 9th 2011 - 10:05 UTC
Venezuela blasts US for drug-listing four close aides of President Chavez

Venezuela strongly rejected on Thursday US sanctions against four close political allies of President Hugo Chavez as a “new action that is part of the permanent aggression Venezuela” by the United States.