Stories for January 30th 2010
Primer Minister Article on Inequality
As Britain comes out of recession, a new age of aspiration is within reach - but it will not come about by chance. Only if we make the right choices in economic and social policy can we lift the sights and shape the life chances of millions of people in our country.
Russia and Antarctica
A historic discovery was made on January 28, 1820. A Russian navy expedition under the command of Faddei Bellingshausen and Mikhail Lazarev sighted the last of the remaining unexplored continents - Antarctica.
Chile hopes to host the world’s “Largest Eye In The Sky
Chile is now competing with Spain for the right to host one of the most important astronomy projects the world has known: the extremely large E-ELT telescope.
Argentine chief banker resigns but foreign reserves remain frozen
Argentina's embattled central bank chief, Martin Perez Redrado, resigned Friday amid a bitter dispute with President Cristina Kirchner over control of the bank’s foreign currency reserves.
Argentine government admits official inflation statistics are controversial
Argentina's government filed amended documents with the U.S. Securities and Exchange Commission related to its economy and upcoming debt swap. Argentina is in the process of reopening a 2005 debt swap in an effort to attract investors holding some 20 billion US dollars of defaulted bonds that weren't included the first time.
Unemployment in Magallanes softens but remains double the 2008 rate
Unemployment in Magallanes region, extreme south of Chile reached 5.3% during the last quarter of last year which represents an improvement over the previous quarter, 6.6%, but is double over the same period a year ago when it stood at 2.8%.
US economy rebounds 5.7% in last quarter but overall 2009 was down 2.4%
The world's largest economy is back in business after growing 5.7% at the end of last year, smashing all expectations. It was the quickest pace of economic expansion in the United States for six years.
Euro zone unemployment hits 10%; Spain tops the list with 19.5%
Unemployment in the 16 countries that use the Euro hit 10% in December for the first time since the single currency was introduced in 1999. It had been reported that the rate hit 10% in November, but this has subsequently been revised down to 9.9%.
Communist party eliminated from Chile’s political parties registry
Chile’s Electoral Service, Servel cancelled the registry of seven political parties, among which the Communist Party for not having complied with the rule which demands a minimum 5% of valid votes of total turnout in last December 13 presidential election.
