Stories for July 10th 2009
The Latin American Dream
Britain’s Foreign Office Minister, Chris Bryant, attended an event at the Overseas Development Institute (ODI) and delivered a speech on “Latin America – realising the dream”. The event and speech focused on Latin America's role in the world and how the EU and Latin America need to work together on global issues such as climate change and the international financial crisis.
G8 and G5 consensus to close the Doha Round trade talks next year
A consensus has emerged Thursday at the expanded Group of Eight summit in Italy on the need to close the Doha Round on world trade talks by the end of next year. The World Trade Organization (WTO) talks began in 2001 and were aimed at lowering trade barriers for agriculture and the services sector and to boost trade and development for poor countries.
Uruguayan farmland selling prices down 20 to 30%
The cost of farmland in Uruguay has dropped between 20% and 30% in the first half of 2009 and the number of operations has fallen drastically, 70% according to local camp brokers.
Falkland Islands: Weekly Penguin News Update
Headlines: Children to be canvassed in school uniform debate; Retail war steps up a gear with arrival of Sainsbury’s.
Lula da Silva “football diplomacy” distends the G8 summit
United States President Barack Obama and Brazilian President Lula da Silva took time out from their overloaded Thursday agendas to talk about the United States' defeat to Brazil in last month's Confederations Cup Final played in South Africa.
Cruise passengers ill with Norovirus virus demand refund
Passengers on a cruise liner at the centre of a virus outbreak have said they will stay on the ship until they are promised their money back. The Marco Polo has been berthed at Invergordon on the Cromarty Firth in Scotland since Monday after hundreds of passengers and crew became ill with norovirus.
Sixty Chilean companies in Top 500 of Latinamerica
Financial magazine América-Economía this week ranked 60 Chilean companies among the top 500 businesses in Latin America on the basis of sales – five more than in 2007. Chile follows Brazil (212) and Mexico (126) in the ranking, surpassing bigger economies like Argentina (35) and Venezuela (7).
Bank of England adopts “wait and see” stand on money injection
Bank of England Monetary Policy Committee adopted a “wait and see” stand as they held off from delivering more aid to the recession-blighted UK economy. The Bank had been expected to expand its quantitative easing (QE) programme - effectively printing money - by £25 billion to £150 billion, but took no further action after its two-day meeting.
Territorial waters dispute conditions Moratinos visit to Gibraltar
Spanish Foreign Secretary Miguel Angel Moratinos has declared that the Tripartite Forum of dialogue is not the place to solve the dispute over the Rock’s territorial waters between Britain, Gibraltar and Spain.
Genocide charges await Bolivia’s former “Minister of Cocaine” deported from US
A former Bolivian interior minister accused of human rights violations was handed over to authorities in La Paz Thursday after completing a prison sentence in the United States. Luis Arce Gomez, 71, was deported and handed over to Bolivian authorities in La Paz on Thursday morning, US Immigration and Customs Enforcement said.
