Stories for June 2011
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.
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.
The verbal escalation between the Argentine and British governments in the Falklands/Malvinas Islands sovereignty issue continued Monday with strong exchange of statements.
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.
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.
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.
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.
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.
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.
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.