Stories for September 29th 2008
Brazil ready to facilitate conclusion of world trade talks
The conclusion of the prolonged World Trade Organization Doha round talks could be delayed for another two to three years if world leaders don't reach a significant advance this year, warned Brazil's Foreign Affairs minister Celso Amorim.
Nay to bail-out plan; markets plunge; Obama calls for calm
The lower house of the US Congress voted down on Monday the 700 billion US dollars package aimed at bailing out Wall Street. Democrat presidential candidate Barak Obama on the trail campaign called for calm and said he expected Congress to pass a bail-out bill in some form.
Clue witness ready to testify in suitcase money scandal
María del Luján Telpuk, the former Buenos Aires airport security police officer who last year (August 2007) caught US-Venezuelan businessman Guido Antonini Wilson attempting to smuggle into Argentina a suitcase with 800,000 dollars, said that she was “afraid” and ratified that she was willing to have a face-to-face confrontation with Antonini.
Pte. Lula blames US for turning “economy into casino”
Brazilian President Lula da Silva blamed the United States for the global financial crisis and said its financial bailout plan was unfair to poor people.
Tory party conference unveils plan to tackle financial crisis
Britain's opposition Conservatives unveiled in the Birmingham party conference their plan to tackle the financial crisis, accusing Prime Minister Gordon Brown of presiding over a debt-fuelled boom that has turned to bust.
Argentina budget “fails to consider” new global scenario
Argentine private consultants have warned that the 2009 budget bill fails to take into account the new international scenario and lacks a comprehensive approach to inflation, country risk and economic slowdown”.
FOGL prepare to drill south and east of Falklands
Drilling preparatory work is continuing in licenced areas to the South and East of the Falkland Islands announced Falkland Oil and Gas Limited (FOGL) in its interim results for the six months ending June 2008.
Falklands: UK MPs aware of Argentine economic terrorism
BRITISH politicians are still very aware of what has been described by Falkland Islands' representatives as the “economic terrorism,” inflicted on the Islanders by Argentina, Councillor Ian Hansen said, speaking from the Labour and Conservative Party Conferences in the United Kingdom.
