Stories for August 21st 2006

Monday, August 21st 2006 - 21:00 UTC

Brazil's congressional corruption: 5 billion US dollars

Corruption has cost Brazilian taxpayers five billion US dollars in the last four years according to a report published Sunday in the newspaper O'Globo which also highlights that a third of all Brazilian federal Deputies face judicial investigation.

Monday, August 21st 2006 - 21:00 UTC

China raises interest rates to cool economy

China which has become a leading world economy and exporter has raised interest rates for the second time this year in an effort to cool its booming manufacturing and construction sectors.

Monday, August 21st 2006 - 21:00 UTC

Mayor earthquake in South Sandwich Islands area

A major magnitude-7.1 earthquake struck early on Sunday in the Atlantic Ocean off South America, but there was no danger of a tsunami in the region, reported the U.S. Geological Survey.

Monday, August 21st 2006 - 21:00 UTC

Six regional Air Forces in routine exercise

Air Forces from six South American countries and France are participating in Brazil in the Cruzex 06 air exercise which will extend until next September 2.

Monday, August 21st 2006 - 21:00 UTC

Newspapers 'more trusted than web'

Newspapers are considered far more trustworthy than websites and blogs, according to new research.

Monday, August 21st 2006 - 21:00 UTC

New Island North under new ownership

THE whole of New Island, the most remote of all the Falklands' inhabited islands, is now under the ownership of one trust.

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