Stories for September 22nd 2009

Tuesday, September 22nd 2009 - 12:59 UTC

Honduran de facto rulers demand Brazil hand over Zelaya

OAS chief Jose Miguel Insulza is expected Tuesday in Tegucigalpa

Honduras de facto leader Roberto Micheleti demanded that Brazil hand over deposed constitutional president Manuel Zelaya who is currently in the Brazilian embassy in Tegucigalpa following a dramatic secret return to the country.

Tuesday, September 22nd 2009 - 12:55 UTC

Argentina: no agreement yet with holdouts from 2005 debt restructuring

Economy minister Amado Boudou who is intent in having Argentina return to money markets.

Argentina has not yet reached a definitive agreement with holdouts from its 2005 debt restructuring, the country's Economy Minister Amado Boudou said on Monday. He added that Argentina's economic strategy is “to access the international markets in order to obtain credits”.

Tuesday, September 22nd 2009 - 12:52 UTC

Chile’s Bachelet sets approval record, but not the incumbent candidate

Conservative Sebastián Piñera leads comfortably vote intention for December’s presidential election

With just three months left before leaving office, Chilean President Michelle Bachelet continues to set new records for job approval and support. But coalition’s replacement hopeful, Senator Eduardo Frei, isn’t so fortunate.

Tuesday, September 22nd 2009 - 12:48 UTC

Uruguayan farmers demand fewer taxes and less Mercosur commitments

Manuel Lussich warned about surging government spending

Uruguay’s main agriculture show ended Sunday with a record number of visitors and harsh criticisms for the government: Farmers complained bitterly about the ballooning fiscal expenditure, taxes and demanded a broadening of horizons beyond Mercosur.

Tuesday, September 22nd 2009 - 12:43 UTC

Argentina’s primary surplus plunges in August

Treasury Secretary Juan Carlos Pezoa, “we still have a surplus”

Argentina reported another sharp drop in the fiscal primary surplus for August, while the overall government accounts were once again in the red. Growth in public spending has outpaced growth in tax revenues, eroding the surplus adding to the economic downturn.

Tuesday, September 22nd 2009 - 12:40 UTC

British PM anticipates no early end to international “fiscal stimulus”

Gordon Brown insists on “global compact for growth and jobs”

British Primer Minister Gordon Brown has warned there will be no early end to the international “fiscal stimulus” package agreed by world leaders to drag the global economy out of recession.

Tuesday, September 22nd 2009 - 07:17 UTC

Chile’s military parade breaks records, including women participation

The impressive parade in downtown Santiago included 892 women from the Armed Services

Chile’s annual September 19 Armed Forces military parade broke records this year. The event was the largest of its kind ever, showcasing 131 Air Force airplanes for the commencement ceremonies and with 11,000 Armed Forces personnel participating.

Tuesday, September 22nd 2009 - 07:13 UTC

Obama wants China and Germany to spend more and US less debt addict

Unemployment will persist, warns the US president

United States President Barack Obama said he would push world leaders this week for a reshaping of the global economy in response to the deepest financial crisis in decades. Meantime in Europe, officials kept up pressure for a deal to curb bankers' pay and bonuses at a two-day summit of leaders from the Group of 20 countries, which begins on Thursday.

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