Aerolíneas Argentinas is estimated to have lost in the last twelve months 486 million dollars which puts her among the air carriers with greatest losses in the world. Only Air India, also government managed, but with 30.000 staff (three times her Argentine counterpart) dilapidated 1.2 billion dollars and Kuwait Airways, 564 million dollars
Half a million sheep have already died in Argentine Patagonia as a result of the eruption of the Chilean volcano Puyehe, which has covered most fields in the province of Chubut with a film made of a mix of mineral ash.
Overly restrictive fiscal measures are unlikely to solve the European Union's debt crisis, Brazilian President Dilma Rousseff said on Monday in Brussels in the sidelines of the V strategic meeting between the European Union and Brazil.
Britain's prized triple-A sovereign debt rating could come under pressure if the government strays from its path of public deficit cuts in the face of weaker growth, credit agency Standard & Poor's said on Monday.
The world's most endangered sea dolphins are sliding towards extinction in the face of damaging fishing methods, experts are warning. Hector's dolphins are found only around New Zealand, where the population has fallen from 30,000 to around 7,000 since nylon fishing nets came into use in the 1970s, a conference on marine bio-diversity in Aberdeen will hear on Thursday.
One morning October last year two agents from the Venezuelan presidency cabinet left on a special mission from the Miraflores Palace (seat of the Executive). They headed a few blocks away to the Central Bank to pick up five million dollars cash, expenses-money for the coming international tour of President Chavez to Moscow, Kiev, Teheran, Damascus and Tripoli.
In a bid to encourage healthier eating among its citizens, Denmark has introduced a tax on foods containing more than 2.3% saturated fat. As from last Saturday, all such products in Denmark now carry a tax to the tune of 16 Danish krone (2.86 dollars) per kilogram of saturated fat that goes into making them.
Brazilian President Dilma Rousseff signed a bill exempting defence companies from taxes for five years. The measure is geared to prop the defence industry and reduce the share of imported equipment for the armed forces.
Poverty in the United States has grown steadily in the past few years. According to the US Census bureau, 46.2 million people lived in poverty in 2010, the highest in the 52 years poverty estimates have been published.
Only 1,000 Dolan sheep exist in the world, according to breeders, and their extraordinary features have made them the latest collectors' item for ultra-rich Chinese, writes the Daily Telegraph.