Economy

Thursday, February 6th 2014 - 04:58 UTC
Aquaculture will provide close to two thirds of global food fish by 2030, says FAO

Aquaculture, or fish farming, will provide close to two thirds of global food fish consumption by 2030 as catches from wild capture fisheries level off and demand from an emerging global middle class, especially in China, substantially increases.
Thursday, February 6th 2014 - 04:48 UTC
An only rare atypical case of L-type mad cow located and destroyed in Germany

German health authorities have picked up a rare atypical case of BSE in an aged cow, as part of routine screening work. A single animal from a group of 80 was found to have atypical BSE (L-type) after laboratory testing. Seven cohorts were destroyed as part of the examination, all found to be negative for BSE, following an epidemiological investigation.
Thursday, February 6th 2014 - 04:42 UTC
Uruguay 12-month inflation in January soars to 9.10%, as energy rebate ceases

Consumer prices in Uruguay during January soared 2.44%, according to the latest release from the stats office, INE, and the highest percentage since 2002. This means accumulated inflation in the last twelve months reached 9,10%, compared to the 8.52% for the twelve months of 2013.
Thursday, February 6th 2014 - 01:00 UTC
Panama Canal expansion halted; Spanish consortia says a 'final offer' has been made

A dispute over a 1.6 billion dollar cost overrun in the Panama Canal's expansion took a new twist Wednesday after a Spanish company leading the project denied it halted work over the spat.
Wednesday, February 5th 2014 - 23:43 UTC
Paris Club prepared for talks with Argentina over debt repayment

The Paris Club is open to talks with Argentina on repaying its debt, the group of creditor nations said on Wednesday, moving closer towards launching formal negotiations with Buenos Aires.
Wednesday, February 5th 2014 - 22:59 UTC
US, the world's largest producer of oil approves licenses to export crude to Europe

The United States government has approved at least four licenses to export crude oil to Europe, for the first time in years, showing how companies are breaking through the limits of the export ban established in the 1970s, according to Reuters which learned about the fact from a Freedom of Information Act request.
Wednesday, February 5th 2014 - 08:54 UTC
Pacific Alliance summit will remove tariffs from 92% of goods and services

The four presidents of the Pacific Alliance are scheduled to sign next Monday the trade group's Additional Protocol which will remove tariffs on 92% of goods and services, effective immediately, announced Colombian president Juan Manuel Santos who will be hosting the summit in Cartagena.
Wednesday, February 5th 2014 - 08:38 UTC
US Senate passes 1 trillion dollars farm bill with crop insurance program, cuts in subsidies and food stamps

The United States Senate on Tuesday passed the long-awaited almost 1 trillion dollars farm bill, ending two years of partisan clashes and stalled negotiations. The bill was approved with strong bipartisan support, 68 to 32.
Wednesday, February 5th 2014 - 08:27 UTC
Blackout in several Brazilian states that will be hosting the World Cup in June

A blackout late Tuesday hit eleven states of Brazil, six of which are scheduled to host the 2014 World Cup next June. Apparently a peak of demand caused by a heat wave had the grid down, but the government of President Dilma Rousseff attributed the incident to “a disturbance in the National Integrated System Operator” (ONS).
Wednesday, February 5th 2014 - 08:21 UTC
Falklands' oil industry developer Premier CEO steps down

Shares in UK's Premier Oil, which has interests in developing Falkland Islands oil, soared almost 9% on Tuesday despite news that its chief executive is to step down after nine years at the helm. Simon Lockett will leave his position and the board of Premier once a successor has been appointed.