International

Thursday, October 4th 2012 - 19:52 UTC
FAO Prices Index up 1.4% in September pushed by dairy and meats

Following two months of stability, the FAO Price Index rose slightly in September 2012, up 1.4%, or 3 points, from its level in August. The Index, based on the prices of a basket of internationally traded food commodities, climbed to 216 points in September from 213 points in August.
Thursday, October 4th 2012 - 19:18 UTC
Youth unemployment in 17 of the G20 countries stands at over 16%

The youth jobs situation remains critical, with 17.7 million young people, or just over 16%, unemployed in 17 of the G20 countries for which data is available, the International Labour Organization (ILO) has said.
Thursday, October 4th 2012 - 10:55 UTC
Painkiller as powerful as morphine has been found in deadly venom of the black mamba

A painkiller as powerful as morphine, but without most of the side-effects, has been found in the deadly venom of the black mamba, say French scientists. The predator, which uses neurotoxins to paralyse and kill small animals, is one of the fastest and most dangerous snakes in Africa.
Thursday, October 4th 2012 - 10:32 UTC
Belgium provides financial support for demining programs in Ecuador and Peru

Belgium signed on Wednesday an agreement with the Organization of American States (OAS) to provide financial support for the program “Landmine Victim Assistance in Ecuador and Peru,” carried out by the OAS.
Thursday, October 4th 2012 - 07:11 UTC
Gibraltar hosts Labour party conference; Falklands’ MLAs also attended

Chief Minister Fabian Picardo hosted the annual Gibraltar Government reception at the Labour Party Conference in Manchester on Sunday which was also attended by Falkland Islands Members of the Legislative Assembly, Jan Cheek and Ian Hansen.
Thursday, October 4th 2012 - 06:45 UTC
Economic crisis still has six years before returning to decent shape”, says IMF

It will take at least ten years for the world economy to recover from the economic crisis that started in 2007 and to get back to the normal shape, International Monetary Fund Chief Economist Olivier Blanchard said in an interview published on Wednesday.
Wednesday, October 3rd 2012 - 23:07 UTC
Australian Great Barrier Reef lost more than half its coral cover in last 27 years

The Australian Great Barrier Reef has lost more than half its coral cover in the past 27 years, a new study shows. Researchers analysed data on the condition of 217 individual reefs that make up the World Heritage Site.
Wednesday, October 3rd 2012 - 21:31 UTC
Argentine navy frigate ‘Libertad’ retained in Ghana by group of defaulted bond holders

Argentina claimed on Wednesday that the navy school training frigate “Libertad” has been retained in Ghana and blamed “unscrupulous financers” belonging to “vulture funds” who are demanding the payment of sovereign bonds, said the office of Minister Hector Timerman in an official communiqué.
Wednesday, October 3rd 2012 - 04:50 UTC
Cosmo with no plans in Uruguay; Pluna Bombardiers will be chartered in East Europe

Spanish airline Cosmo which purchased in an auction in Montevideo seven aircraft from Uruguay’s liquidated flag-carrier Pluna said they will be used “to expand the charter flight business in Central and Eastern Europe”, according to an official company communiqué released by the Spanish government news agency EFE.
Wednesday, October 3rd 2012 - 04:39 UTC
Out of the blue, Spanish charter company purchased Pluna’s seven Bombardier

Out of the blue a Spanish-based air charter company, Cosmo, and seven minutes after the auction had started purchased the seven Bombardier aircraft from Uruguay’s defunct flag carrier Pluna for the base price of 137 million dollars.