Stories for September 24th 2011
Thoroughly aware of the sheer volume of work involved in politics at the recent Commonwealth Youth Parliament (CYP), Nadia Smith said such a high level career may not be for her just yet, “but there was a strong possibility the Falklands Legislative Assembly may beckon one day.”
Four Latin American countries, Argentina, Brazil, Chile and Mexico, have been identified among the seven most important countries on the UN Human Rights Council, in a report by the Human Rights Watch organisation.
Vladimir Putin declared he was ready to return to the Russian presidency after current head of state Dmitry Medvedev announced he would bow to his mentor at March's election.
US Treasury Secretary Timothy Geithner has called on European leaders to take urgent new steps to create a 'firewall' against the crisis spreading. He added that decisions on how to tackle Euro zone debt could not wait until the crisis gets more severe.
United States regulators on Friday closed banks in Virginia and California, lifting to 73 the number of US bank failures this year. The number of closures has dropped significantly this year as banks have worked their way through the bad debt accumulated in the recession. By this time last year, regulators had shuttered 127 banks.
Sub-atomic particles apparently travelling faster than light could force a major rethink of theories about how the cosmos works and even allow dreams of time travel and extra dimensions, scientists said on Friday.
Palestinian President Mahmoud Abbas said he expected the Security Council to finish debating his nation's application for full UN membership within weeks, not months.
Swiss bank UBS's Chief Executive Oswald Gruebel resigned, shouldering the blame after its scandal-hit investment banking business lost 2.3 billion dollars in alleged rogue trading.
The Quartet of Middle East negotiators urged Israel and the Palestinians on Friday to resume peace talks within one month and aim for a deal by the end of 2012.