MercoPress. South Atlantic News Agency
Stories for August 10th 2012
-
Friday, August 10th 2012 - 07:49 UTC
Brazil reminds Paraguay that Itaipu power is jointly shared and managed
Brazil reminded Paraguay it can use the power it needs from the giant Itaipu hydro but there is a contract which regulates how to manage the surplus. A day earlier president Federico Franco said that Paraguay would not “yield” any more electricity to Brazil.
-
Friday, August 10th 2012 - 07:35 UTC
FAO warns countries against a repeat of the 2007/08 food prices crisis
The world could face a food crisis of the kind seen in 2007/08 if countries restrict exports on concerns about a drought-fuelled grain price rally, the UN food agency FAO warned, after reporting a surge in global food prices in July.
-
Friday, August 10th 2012 - 07:21 UTC
Argentine private agencies July inflation 1.76% and 24.13% in twelve months
Argentine opposition lawmakers presented on Thursday July’s inflation index based in the analysis of nine private agencies, which showed a 1.76% increase against the previous month and doubles the official index from the government of President Cristina Fernandez.
-
Friday, August 10th 2012 - 07:16 UTC
Volcanic pumice mass, size of Belgium floating off the coast of New Zealand
A mass of small volcanic rocks nearly the size of Belgium has been discovered floating off the coast of New Zealand, reports the Auckland media. The stretch of golf-ball-size pumice rocks was first spotted this week by a New Zealand air force plane about 1,000 kilometres northwest of Auckland.
-
Friday, August 10th 2012 - 07:03 UTC
Falklands, an “excellent investment destination” for the oil industry
The Falkland Islands Government has welcomed the news of a farm-in agreement between Falkland Oil and Gas Ltd and US based Noble Energy which was announced on Monday and confirms the Falklands as an “excellent investment destination”.
