Zambia’s sole petroleum refinery runs out of crude oil feed stock

Monday, July 14th, 2008

Zambia's sole petroleum refinery, INDENI Petroleum Refinery, has stopped producing petroleum products after running out of crude oil feed stock, according to Zambia Daily Mail. But the government has assured the nation that there is ...

EU resumes fishery imports from Uruguay

Monday, July 14th, 2008

The European Union (EU) resumed fish imports from Uruguay Sunday after several months of suspension, Uruguayan authorities said. Daniel Montiel, director of the Uruguay's National Direction of Aquatic Resources (Dinara), told the pr ...

Dollar at mid-106 yen level in Tokyo

Monday, July 14th, 2008

The U.S. dollar edged up to the mid-106 yen level early Monday in Tokyo. At 9 a.m., the dollar traded at 106.55-60 yen, against 106.25-35 yen in New York and 107.20-21 yen in Tokyo at 5 p.m. Friday. The euro was quoted ...

Arab children’s congress opens with focus on education

Monday, July 14th, 2008

Some 150 youngsters aged 14 to 16 from 20 countries across the Arab world, America, Europe and Asia gathered here to take part in the 28th International Arab Children Congress which kicked off on Monday focusing on education. During ...

Italian public debt hits record high

Saturday, July 12th, 2008

Italy's public debt rose for the fourth month in a row in April and set a new record high of 1,661.4 billion euros, the Bank of Italy said on Friday. The debt was some 15 billion euros higher than in March and was over 50 billion ...

MEP: investigations against Colombian politicians could impede peace

Saturday, July 12th, 2008

Left-leaning Spanish member of the European Parliament (MEP) Willy Meyer Friday said his fellow MEPs sympathized with a group of Colombian politicians who are being investigated for links with armed groups. The vice chairman of the ...

News Analysis: Who pushes oil prices higher?

Friday, July 11th, 2008

Since last July, the average oil prices of the Organization of Petroleum Exporting Countries (OPEC)have almost doubled, rising from less than 70 U.S. dollars per barrel (dpb) to over 140 dpb. Facing the skyrocketing prices, different people ...

Brazil to sell oil fields at auction

Friday, July 11th, 2008

Brazil will auction oil fields, except for the newly discovered pre-salt areas, authorities said Thursday. Brazil's National Agency of Petroleum, Natural Gas and Biofuels, a regulatory department for the industry sectors concerning ...