Stories for June 2009
China's central bank has reiterated its call for a new reserve currency to replace the US dollar. The report from the People's Bank of China (PBOC) said a super-sovereign currency should take its place.
The Spanish cabinet approved Friday a 9 billion Euro (12.7 billion US dollars) fund to help revive the financial sector by buying stakes in banks hit by the global crisis and get them lending again.
Argentine health authorities have detected human-to-swine transmission of the A/H1N1 influenza virus in a farm in the province of Buenos Aires, it was officially reported Thursday.
Leaders from the grouping which supports Uruguayan presidential hopeful Danilo Astori cautioned in Buenos Aires that if Senator Jose Mujica is nominated candidate next Sunday, the ruling coalition’s re-election chances could be impaired.
Headlines: Construction team faces a nervous wait; Wind and snow drives cars off the road
Brazilian president Lula da Silva announced Thursday the 2009/2010 Agriculture and Livestock Plan which will provide the equivalent of 53 billion US dollars in aid, to help farmers take advantage of rising global demand for food. This represents a 37% increase over the previous farm year.
United States aviation accident investigators have launched probes into two recent incidents aboard Airbus A330 jets that appear to have similarities to the failures reported on the Air France jet Flight 447 that disappeared over the Atlantic Ocean on June 1.
Three pollsters have virtually confirmed the winners of next Sunday’s primary presidential elections
Three pollsters have virtually confirmed the winners of next Sunday’s primary presidential elections in Uruguay. The ruling coalition’s presidential hopeful Jose Mujica and Pedro Bordaberry from the small Partido Colorado have ample margins over their runner ups and can be anticipated to win by a landslide.
Safe deposit boxes in Uruguay are overflowing with US dollars from fearful Argentines concerned about the situation in their country and the results of Sunday’s mid term elections, according to banking sources in Montevideo.
The Uruguayan ruling coalition held Tuesday night a last joint rally before Sunday’s presidential nomination primary evoking the past and calling for unity behind the winning ticket. However one of the three hopefuls said that an agreement on program “contents” will have to be reached first.