Stories for October 14th 2009

Thursday, October 15th 2009 - 04:30 UTC

Teamsters strike “strangling” Punta Arenas

Protesting trucks have blocked the north access to the city

Punta Arenas in the extreme south of Chile is beginning to suffer shortages of some basic goods, including fuel, as a direct consequence of a several-days’ teamsters’ strike which has virtually isolated the city by land.

Thursday, October 15th 2009 - 03:48 UTC

Former Brazilian guerrilla involved in kidnap of ambassador extended US visa

Ambassador Charles Elbrick exchanged for political prisoners

A former Brazilian guerrilla who in 1969 was involved in the abduction of US ambassador Charles Elbrick has been extended a visa to travel to United States by the consulate office in Sao Paulo.

Thursday, October 15th 2009 - 03:16 UTC

UK unemployment predicted to continue soaring over 3 million

Worst jobs market in a generation for school leavers and newly qualified students

United Kingdom unemployment is still on course to soar above three million despite better-than-expected jobless figures, experts have warned. Official data showed unemployment rising to 2.47 million in the three months to August, an increase of 88,000 on the quarter to May

Thursday, October 15th 2009 - 03:13 UTC

China’s reserves reach 2.273 trillion USD, including 800 billion US bonds

Central banker Zhou Xiaochuan promotes creating new world currency

China’s foreign-exchange reserves, the world’s biggest, climbed about 141 billion US dollars in the third quarter to a record 2.273 trillion USD, the People’s Bank of China said Wednesday on its Web site.

Thursday, October 15th 2009 - 03:09 UTC

Tag system implemented in Santiago’s airport toll way

The new service is designed for frequent airport visitors

The Chilean TAG service (an electronic toll road payment system) has been implemented in Santiago’s Arturo Merino Benítez airport in the Pudahuel borough, thus making it easier to enter and leave the international airport.

Thursday, October 15th 2009 - 02:59 UTC

Access to broadband connection becomes a right of citizens

By the end of 2015 access will have jumped to 100 Megabit-p-s

As of next July 2010, access to a 1 Megabit-per-second broadband connection becomes a right for all Finnish citizens according to a decree from the Ministry of Transport and Communications.

Thursday, October 15th 2009 - 02:56 UTC

Latinamerican banks sound and safe, according to S&P ratings

No juggling with derivatives

Latinamerican banks will see second quarter gains despite the economic crisis due to a greater dependency on deposits rather than loans, Standard & Poor's ratings agency said.

Thursday, October 15th 2009 - 02:52 UTC

Majority of young Argentines consider Malvinas a “national cause”

Over half of interviews openly disagreed with the military occupation of 1982

Eight out of ten Argentines believes that the British presence in the Malvinas/Falkland Islands is a violation of Argentine sovereignty, although a significant percentage is willing to consider the possibility or shared sovereignty, according to the latest survey to be released in Buenos Aires.

Wednesday, October 14th 2009 - 10:19 UTC

Montevideo port becomes most advanced container terminal in South America

Pte. Tabare Vazquez with Belgian ambassador Cristina Funes-Noppen during the ceremony.

Uruguay inaugurated this week the new Montevideo’s port facilities which will expand handling to over 1.1 million containers annually making it the most advanced terminal of South America.

Wednesday, October 14th 2009 - 09:39 UTC

OPEC optimistic about global recovery anticipates stronger demand for oil

The cartel currently supplies the world with 28.9 million barrels per day

The Organization of the Petroleum Exporting Countries (OPEC) has predicted for next year an increase in global demand for oil driven by a global economic recovery. The 12-nation cartel said in its latest monthly report that 2010 world demand for crude would be 84.93 million barrels per day for an increase of 0.83%.

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