Stories for October 9th 2008
Brazil/US convene special meeting with emerging economies
Following on a joint initiative from United States and Brazil the Group of 20, or G-20, will be holding an extraordinary meeting next Saturday in Washington to address the current financial global crisis and its impact on emerging economies.
Argentina calls for urgent meeting of Mercosur members
Argentina proposed an urgent meeting of Mercosur country members to coordinate positions which would help address the impact of the current global financial crisis and its possible impact on the region.
Brazil's TAM joins largest global aviation alliance
Brazil's TAM announced this week its entry into the Star Alliance, the largest global alliance in commercial aviation, currently made up of 21 of the world's largest airlines and three regional companies that jointly operate more than 18,100 flights daily.
Belgian heir and businessmen on trade tour in Uruguay
The heir to the Belgian throne, Prince Philippe and a delegation of a hundred businessmen are currently visiting Uruguay until Friday as part of a Latin-American trade and investment tour.
Argentina's Justice Minister accuses FBI of “terrible crimes”
Argentine Justice Minister Aníbal Fernández said on Wednesday that the FBI was trying to bribe María Luján Telpuk – the former airport security officer who discovered the suitcase with 800,000 dollars last year and who is currently in Miami testifying in another related case — by offering her political asylum and employment.
Chile invests in ports facilities for new cruise season
The cruise ship business this coming 2008/2009 season is expected to contribute roughly 45 million US dollars to Chile's economy, according to the Southern Cone Ports Corporation.
US spiraling debt clock in Times Square runs out of digits
United States government's debts have ballooned so badly the National Debt Clock in New York has run out of digits to record the spiraling figure.
Argentina will apply a tit-for-tat visa charges policy
Argentina will apply a tit-for-tat visa charges policy for visitors and new immigration rules to be introduced in the near future announced Interior Minister Florencio Randazzo at a Government House, Casa Rosada, press conference.
Latam pumps billions to ensure liquidity and prop currencies
Latin-American countries moved quickly this week to face the global financial crisis and came out with a battery of measures pumping billions of US dollars to try and contain the threat of recession.
IMF ready for the rescue with seven recommendations
The International Monetary Fund (IMF) has activated an emergency finance mechanism to help countries hit by the financial crisis. IMF chief Dominique Strauss-Khan said the lending procedure would allow the IMF to react quickly to support countries facing funding problems.
