Stories for June 2011
French banks agree to roll over holdings of Greek debt for 30 years
French banks have agreed to roll over holdings of Greek debt for 30 years, President Nicolas Sarkozy said on Monday, as the Greek government tries to persuade backbench rebels to back a crucial austerity plan to avert bankruptcy.
Avoid raw sprouts and seeds to prevent outbreak of E. coli, say Dutch and UK health officials
Dutch and British health officials advised people to avoid raw sprouts and seeds after scientists linked an outbreak of E. coli in France to a highly toxic one in Germany that has killed 47 people.
Falklands/Malvinas: Argentina condemns UK “militaristic regrettable statements”
The verbal escalation between the Argentine and British governments in the Falklands/Malvinas Islands sovereignty issue continued Monday with strong exchange of statements.
Almost 40 million Brazilians climbed to middle class in the last eight years
An estimated 39.5 million Brazilians climbed to the middle class between 2003 and May 2011 according to a report from the Getulio Vargas Foundation, FGV, released Monday and which underlined inclusion and inequality reduction as the main forces.
Federal Reserve will remain biggest buyer of US Treasury bills
The Federal Reserve will remain the biggest buyer of Treasuries, even after the second round of quantitative easing ends this week, as the central bank uses its 2.86 trillion US dollars balance sheet to keep interest rates low.
UK committed to Falklands in spite of all the “huff and puff” from Argentine politicians
The UK remains committed to retaining sovereignty over the Falkland Islands in the face of renewed Argentine pressure over the issue, and has the political will and military means to defend the Islands, Defence Secretary Liam Fox said.
Bus sized asteroid to zoom over the Falklands’ at 7.600 miles in space
An asteroid the size of a bus and massing 600 tons is barreling through space toward planet Earth at terrific speed and is scheduled to zoom across the South Atlantic and the Falkland Islanders late Monday, reports Space magazine.
US consumer spending flat in May reflecting a fall in auto sales
Consumer spending in the United States was unchanged in May for the first time in almost a year, likely reflecting a plunge in auto sales, according to a US government report, that also showed a build-up in underlying inflation pressures.
More than 50.000 people joined Gay Pride Parade in downtown Santiago de Chile
With drag queens stomping in their stilettos and adults, teens and children waving rainbow flags, more than 50,000 people paraded through Santiago de Chile on Saturday in support of gay rights in the annual March for Sexual Diversity.
International Criminal Court issues arrest warrant for Libyan leader Gaddafi
The International Criminal Court issued an arrest warrant for Libyan leader Muammar Gaddafi, and rebels trying to oust him said their forces had advanced to within 80 km of the capital Tripoli.
