Stories for March 2nd 2009

Monday, March 2nd 2009 - 23:00 UTC

Can art save Uruguay's gem mines?

A Uruguayan mining company is turning to art to beat the effects of the global economic slowdown on its amethyst exports.

Monday, March 2nd 2009 - 23:00 UTC

Wall Street below 7.000 benchmark drags global markets

Markets have fallen worldwide, rattled by fears that turmoil in the financial sector is far from over. On Wall Street, the US Dow Jones index fell below 7,000 points for the first time since October 1997.

Monday, March 2nd 2009 - 23:00 UTC

Fidel had his first stroll through Havana, says Chavez

Fidel Castro talks with Pte. Hugo Chavez

Former Cuban leader Fidel Castro, though still convalescing from the illness that sidelined him in July 2006, recently “went for a walk on the streets of Havana” said Venezuelan President Hugo Ch?vez over the weekend.

Monday, March 2nd 2009 - 23:00 UTC

Brown to meet Obama with EU (patched) unity message

PM Brown and Pte. Obama (Photo file)

Prime Minister Gordon Brown flies to Washington Monday declaring European unity over the financial crisis despite a growing rift between major EU economies and member states from central and Eastern Europe.

Monday, March 2nd 2009 - 23:00 UTC

Peru invites Chile to coordinate copper sales globally

Peruvian president Alan Garcia has suggested Peru and Chile should coordinate copper exploitation policies so as to have better control over international prices. The initiative occurs twenty years after the dissolution of the last copper cartel in the world.

Monday, March 2nd 2009 - 23:00 UTC

Brazil: dispute over federal funds for landless peasants

Brazil's cabinet Chief Dilma Rousseff said the government will continue to support financially the Landless Peasants Movement, MST, until it has been proven that the organization is using the funds for illegal actions, reported the official news agency Agencia Estado.

Monday, March 2nd 2009 - 23:00 UTC

Paraguay announces trade countermeasures on Argentina and Brazil

Finance minister Dionisio Borda (Photo AP)

Paraguay will apply tariff related measures on imports from Argentina and Brazil to protect local industry announced the country's Finance minister Dionisio Borda arguing that the treatment will be similar to that from the senior Mercosur partners.

Monday, March 2nd 2009 - 23:00 UTC

British team treks to North Pole to measure ice sheet

British explorer Pen Hadow

British team has begun a gruelling trek to the North Pole to discover how quickly the Arctic sea-ice is melting.

Monday, March 2nd 2009 - 23:00 UTC

UN praises landmines milestone treaty, but “much work remains”

United Nations Secretary-General Ban Ki-moon has commended the tireless efforts undertaken over the past decade to rid the world of anti-personnel landmines, while stressing that much work remains to eliminate this global scourge.

Monday, March 2nd 2009 - 23:00 UTC

Central banker upbeat on Brazil's capacity to cope slowdown

Central Bank President Henrique Meirelles

Brazil's economy is in a strong position to weather the financial crisis and will grow above the global average this year, Brazil's Central Bank President Henrique Meirelles said on Sunday in Portugal.

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