Stories for July 14th 2009

Tuesday, July 14th 2009 - 11:18 UTC

A/H1N1 influenza virus is “unstoppable” admits WHO

All countries need access to vaccines, said Dr. Marie-Paule Kieny.

The new H1N1 virus is “unstoppable” reported on Monday the World Health Organization which gave drug makers a full go-ahead to manufacture vaccines against the pandemic influenza adding healthcare workers should be the first to get one.

Tuesday, July 14th 2009 - 11:14 UTC

Countdown for Kirchners special powers: August 24

Nine billion US dollars of revenues are at stake

A “D” day has emerged in Argentina’s congressional calendar which helps to explain some of the latest dialogue overtures by the administration of President Cristina Fernandez de Kirchner, according to a columnist from Buenos Aires daily La Nacion.

Tuesday, July 14th 2009 - 11:10 UTC

Argentina convenes regional meeting to address H1N1 pandemic

Minister Juan Manzur will host the Buenos Aires meeting Wednesday

Argentina called for a meeting of regional Public Health ministers to address the A/H1N1 virus situation and try to harmonize measures to counterattack the pandemic, announced the Ministry of Health in an official release.

Tuesday, July 14th 2009 - 11:06 UTC

Brazilian head of Senate Sarney requests investigation into his accounts

Former president Jose Sarney ever more involved in a corruption scandal

The head of the Brazilian senate and former president (1985/1990), Jose Sarney said he would formally request the Attorney General’s office to investigate the existence of an alleged secret bank account overseas under his name.

Tuesday, July 14th 2009 - 11:01 UTC

Argentine corporations expect US dollar to reach 4.30/4.50 pesos in 12 months

Domestic issues have displaced the global crisis as the main source of concern for the Argentine economy.

A majority of Argentine entrepreneurs believes the local currency will suffer a significant depreciation against the US dollar in the next twelve months according to a poll among 137 leading corporations.

Tuesday, July 14th 2009 - 10:30 UTC

Bachelet denies any US “pink slip” for Insulza as OAS chief

Chilean president admits having talking with Hillary Clinton but about social security services.

Chilean president Michelle Bachelet denied Monday having discussed with US Secretary of State Hillary Clinton about the situation of Jose Miguel Insulza, Secretary General of the Organization of American States, OAS.

Tuesday, July 14th 2009 - 10:22 UTC

Remittance flows to developing countries forecasted to drop 7.3% in 2009

In Latinamerica the fall is estimated in 6.9%, mainly because of the slowdown of the construction industry in the US

Remittance flows to developing countries are expected to be 304 billion US dollars in 2009, down from an estimated 328 billion in 2008, said the World Bank Monday, releasing a new migration and remittances brief to coincide with an International Diaspora and Development Conference running from July 13-14.

Tuesday, July 14th 2009 - 10:19 UTC

WTO blasts protectionism and warns global crisis is far from over

Pascal Lamy praised G8 pledge to conclude Doha Round talks in 2010

Warning that the global economic crisis is far from over, World Trade Organization Director-General Pascal Lamy said Monday that protectionism is not the answer to tackling the turmoil.

Tuesday, July 14th 2009 - 07:01 UTC

India joins the exclusive club of nuclear powered submarines

Based on a Russian model, testing of the INS Chakra are scheduled to begin next month.

As part of a major project India is going to place its first domestically produced nuclear powered submarine to sea by mid-August and according to experts, this success will raise the status of Indian technology plus becoming a member of the exclusive club of nations with such submersibles, according to reports in the Indian press.

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