Stories for December 2008
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.
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.
The biggest flu outbreak for eight years could be on its way in the United Kingdom, the Royal College of General Practitioners (RCGP) warned after a 73% rise in people seeing their doctor with flu-like symptoms.
The United Kingdom economy shrank faster between July and September than had previously been thought, official data showed. The Office for National Statistics (ONS) said it had contracted by 0.6% in the quarter - its previous estimate had been a contraction of 0.5%.
Madonna's triumphant Sticky & Sweet has ended with 2,350,282 people attending and a gross of over 280 million US dollars in ticket sales for 58 concerts. Madonna performed in Europe, United States, Canada followed by Mexico, Argentina, Chile and Brazil where her last show was on December 21.
The world's largest department stores chain Wal-Mart Stores, Inc. announced it will launch a tender offer to acquire all of the issued and outstanding shares and American Depositary Shares of Chile's Distribución y Servicio D&S S.A.
Argentina reported the lowest economic growth in more than five years in October as factories cut output because of waning sales and exports. The country's economic activity index expanded 5.2% in October compared to the same month a year ago and 0.1% over September.
An Argentine court will investigate former President Nestor Kirchner, the husband and predecessor of President Cristina Fernandez de Kirchner, over possible irregularities in government contracts, court officials confirmed on Tuesday in Buenos Aires.
Brazilian President Lula da Silva called on consumers to step up spending to help the economy overcome the global credit crisis while assuring them that inflation will remain under control.
South America's 2008/09 soy harvest is forecasted to drop from previous estimates because of drought in Argentina and Paraguay according to reports in the Oil World magazine.