Stories for April 2010

Saturday, April 24th 2010 - 02:15 UTC
Pentagon Says Iran’s Revolutionary Guards Operating in Latinamerica

Iran's Revolutionary Guards Corps has stepped up its presence in Latin America, especially in Venezuela, according to a Pentagon report to the United States Congress partially de-classified this week.
Saturday, April 24th 2010 - 01:38 UTC
Brazilian Farmers Blast Morales on His Broiler–Homosexuality Link Statement

Brazilian broiler breeders, the world’s largest exporters rejected and slammed Bolivian president Evo Morales’ statements that linked the consumption of chicken to homosexuality.
Saturday, April 24th 2010 - 01:32 UTC
Could the Greek Crisis Spell the End of the Euro as a Currency?

If Greece was to default it would effectively spell the end of the Euro as a currency, according to Royal Bank of Scotland's (RBS) strategist and chief European economist Jacques Cailloux.
Saturday, April 24th 2010 - 01:12 UTC
Peru and Chile Will Lead Latam Expansion in 2011 with 6% Growth Each

Latest forecasts from the International Monetary Fund (IMF) predict Chile and Peru will lead Latin America’s growth in 2011 with an expansion of 6% each. The IMF released its World Economic Outlook Report on Wednesday, upping Chile’s projected growth from 4 to 4.7%.
Saturday, April 24th 2010 - 01:03 UTC
Tory Leader Cameron Gains Ground in Latest Debate according to Polls

British Conservative leader David Cameron gained ground on the Liberal Democrats' Nick Clegg in the leaders’ debate, as polls gave conflicting verdicts on which of the two won.
Saturday, April 24th 2010 - 00:53 UTC
First Tremors of Euro Seism: Greece Asks for Financial Rescue Package

Greece has formally asked for the activation of an EU-IMF financial rescue package to help pull the debt-ridden economy out of its crisis. It had hoped that just the promise of EU support, agreed last month, would have been enough to reassure markets and help its recovery.
Friday, April 23rd 2010 - 23:06 UTC
Falklands: Desire still upbeat on prospects

DESIRE Petroleum, the oil exploration company in which many Falkland Islanders are shareholders, has said it is hopeful of making a discovery, despite posting a £2.5 million pre-tax loss for the year ending December 31 2009.
Friday, April 23rd 2010 - 07:11 UTC
Argentina “only” accepts IMF “technical revision” of its economy

Economy Minister Amado Boudou said that the Argentine Government “will not accept any conditions” on its economic policies, allegedly rejecting an eventual revision of its accounts by the International Monetary Fund (IMF).
Friday, April 23rd 2010 - 07:00 UTC
Obama attacks critics of banking reforms to end “reckless practices”

US President Barack Obama has attacked critics of his banking reforms in a speech which warned that without change the financial crisis will be repeated. Reckless practices and financial firms that acted like “bandits” should never be allowed to operate again, he said.
Friday, April 23rd 2010 - 06:52 UTC
China-Argentina trade differences increase and are openly aired

Production Minister Débora Giorgi came out to stage on Thursday to support Argentina's trading policies after comments made by China's Vice Minister of Commerce JIang Yaoping, who claimed the Argentine Government is increasingly promoting trade protectionism against Chinese products.