Stories for September 15th 2009
Britain, Spain and the sleeping giant Latin America
UK Foreign Office Minister, Chris Bryant, addressed the Latin American Forum at Casa de America in Madrid on 14 September.
HMS Endurance to be replaced; crew could face disciplinary action
British sailors could face court-martial action over HMS Endurance's near-sinking in the South Atlantic, reveals The Newscan. Royal Navy chiefs are carrying out a disciplinary probe after finishing an inquiry into the accident off Chile.
Bolivia invites Spanish companies to invest “as partners not as bosses”
Bolivian President Evo Morales said companies that respect the law and don’t “conspire” against the government are welcome in his country. Bolivia needs investors and partners rather than “bosses,” Morales told a conference of business leaders and politicians in Madrid.
Obama warns Wall Street bankers on anniversary of Lehman collapse
US President Barack Obama has warned bankers against complacency, saying that some in the industry are ignoring the lessons of the financial crisis. “We will not go back to the days of reckless behaviour and unchecked excess at the heart of this crisis,” he said.
US extends trade embargo on Cuba for another year
Despite vowing a new beginning in the US-Cuba relations, President Barack Obama has decided to extend the 47-year-long US trade embargo on Cuba for another year.
Signs of EU fragile recovery but job losses set to peak in coming quarters
European Union (EU) governments should be braced for more job losses, officials in Brussels said Monday as they published forecasts pointing to a slow recovery in the 27-member bloc. Unemployment in the Euro-zone reached 9% in the second quarter and could reach 10% in the coming quarters.
Argentina accuses Uruguay of “irreversible damage” to the ecosystem
Argentina told the International Court of Justice Monday that Uruguayan pollution of a border river was a grave infringement of Argentinean rights. Argentina and Uruguay have been wrangling for years over a giant pulp mill sited on the Uruguay River, which divides the two South American nations.
Mujica repentant for condemning Uruguay to endure military dictatorship
Uruguay’s incumbent presidential candidate and former Tupamaros guerrilla leader Jose “Pepe” Mujica sent shockwaves both inside the ruling coalition and the opposition as a result of a long controversial Sunday interview with the Buenos Aires daily La Nación.
