Stories for December 25th 2008

Thursday, December 25th 2008 - 20:00 UTC

Economic woes and insecurity underlined in Queen's message

HM Queen Elizabeth gives somber Christmas broadcast

Britain's economic problems and the “insecurity” people are feeling in today's uncertain times were acknowledged by the Queen in her Christmas Day message.

Thursday, December 25th 2008 - 20:00 UTC

China's Yuan first steps to replace US dollar in Asian trade

China has said it is to allow some trade with its neighbours to be settled with its currency the Yuan. The pilot scheme was announced in a package of measures designed to help exporters hit by the global downturn.

Thursday, December 25th 2008 - 20:00 UTC

Lula da Silva choice confirmed as presidential hopeful

Dilma Rousseff and Pte. Lula da Silva

Brazil's ruling Workers Party, (PT) has announced its full support for cabinet chief Dilma Rousseff as candidate for the presidential elections of 2010. PT chairman Ricardo Berzoni made the official statement last Wednesday after meeting with President Lula da Silva in Government House, Planalto.

Thursday, December 25th 2008 - 20:00 UTC

Wiesel foundation looses all assets to Madoff's Ponzi fraud

Nobel laureate Elie Wiesel

The Elie Wiesel Foundation for Humanity lost more than 15 million US dollars, nearly all of its assets, in the fraud scheme run by Wall Street financer Bernard Madoff, the fund said Wednesday in a short release.

Thursday, December 25th 2008 - 20:00 UTC

Four cruises and 8.000 visitors on one day in Punta del Este

Uruguay's main sea side resort renowned Punta del Este received this week four cruise vessels simultaneously and although not all of the 8.000 passengers landed a significant percentage did make it ashore, establishing a record visit.

Thursday, December 25th 2008 - 20:00 UTC

Falklands Governor: new Constitution, democracy milestone

Gov. Huckle: “UK Government remains as firm as ever in protecting British sovereignty over the Falkland Islands”

Falkland Islands governor Alan Huckle in his Christmas message described the new constitution which becomes effective next January first as a democracy and accountability milestone for the Islands.

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