Popular Posts
- UKRAINE: Parliament Brawls Over Ex-PM Tymoshenko's Criminal Charges.
- ITALY : Ruby Heartstealer Testifies About Bunga Bunga Parties at Milano Trial.
- AUSTIN,TEXAS: Dell's Decline Revealed in A Lawsuit Over Defective Computers.
- Profile of a Cuban Spy
- TEXAS / USA / IMAGES : 6 Dead, 200 Homes Damaged After 16 Tornadoes Ravage Granbury, Cleburne.
- COSTA RICA / PERU / COLOMBIA : 17 May UPDATE : 2 More Aides Resign After Prez. Chinchilla Comes Under Fire For Free Flights On Alleged Narco Jet; Key Minister Resigns Over Flight From Bogus Person.
- BRASIL : Dilma Wins Port Privatization Approval From Congress.
- POLAND: PM Tusk Rejects Russian Crash Report Draft.
- MEXICO: Assassination Of Leading Political Candidate Shocks Nation.
- CHINA / VIDEO : Dissident Artist Ai Weiwei Releases Critical Funky Rock Video.
16 March 2010
CHILE: Major Economic Slowdown Predicted.
NYTIMES/ Economists predict that several important industries including fishing, paper, wine and agriculture will suffer major slowdowns. The quake destroyed a third of Chile's fishing industry, more than 12% of the stock of wine industry and put out of commission a pulp and paper mill that will take six months to repair. Plus, the more than 300 aftershocks are stressing out locals and even milk cows. “The movement of goods to ships is going to slow down,” said professor Sebastian Edwards. “Chile is a country that relies heavily on exports, so this is (port damage) going to be a factor.”
