Stories for September 11th 2009
Kirchner’s tax officials’ raid on Argentina’s main newspaper backfires
Dozens of tax officials raided on Thursday Argentina's biggest newspaper, intensifying a fierce battle between the government and one of Latinamerica's largest media groups.
More than 150 tax inspectors searched the Buenos Aires building housing the offices of daily Clarin, which is owned by media and telecommunications company Grupo Clarin, and removed files and documents.
Fakland Islands: Weekly Penguin News Update
DESIRE SHARE PRICE SOARS ON BACK OF OIL NEWS.
Desire Petroleum shareholders who have stood by their investments for more than a decade were rewarded yesterday when the news that a rig had been sourced sent shares leaping almost 40 per cent to 89p.
Number of Malvinas Families next of kin traveling to Falklands is 375
The Malvinas Families members that will be traveling to the Falkland Islands next month for the official inauguration of the Memorial at the Argentine Cemetery at Darwin will be limited to 375 (170 and 205) according to the latest reports from Buenos Aires.
“Milk strike” and dairies blockades announce EU farmers
The European Milk Board, representing milk producer organisations from eight European countries, has announced a “far-reaching revolt”, including farmer blockades of dairies and the withholding of milk from the market.
China boosts train industry with 42 new high-speed railway lines
China has announced plans to build 42 new high-speed railway lines over the next three years. In a breakthrough, China has developed trains that can run on both high-speed and normal lines, said railway official Zhang Shuguang.
Oil price climbs on expectations of global economic recovery
Oil prices closed Thursday above 72 US dollars a barrel following the meeting of the producers' cartel OPEC on Wednesday and the International Energy Agency forecast of stronger demand as the global economy recovers.
Bank of England leaves rates and quantitative easing unchanged
The Bank of England held the United Kingdom’s base rate at 0.5% Thursday, marking the sixth consecutive month of record low rates. The Bank's Monetary Policy Committee also made no changes to its quantitative easing policy.
Chavez claims Israel wants to exterminate Palestinians
Venezuelan President Hugo Chavez Friday told the Israeli people not to support their “genocidal” government that killed 1434 Palestinians, a third of them civilians, during the latest war on Gaza.
Canadian car parts manufacturer takes over GM German and UK operations
General Motors (GM) has announced that it has chosen the Canadian car parts manufacturer Magna to buy Opel and its sister company Vauxhall. The decision was welcomed by German Chancellor Angela Merkel, who said she was “very pleased” about it.
Paraguay and Bolivia agree on military expenditure
Paraguay said it was satisfied with Bolivia’s explanations regarding the neighbouring country’s plans to purchase arms and reinforce its military garrisons. The statement follows a Thursday meeting of the two countries Foreign Affairs and Defence ministers in Asuncion, capital of Paraguay.
