Stories for July 20th 2007

Friday, July 20th 2007 - 21:00 UTC
Mrs Kirchner launches presidential bid promising continuity

Argentina's First Lady, Senator Cristina Fernandez Kirchner launched late Thursday evening her campaign to become the country's first elected woman president praising her husband's administration and pledging to lift Argentines self esteem.
Friday, July 20th 2007 - 21:00 UTC
China roars ahead at the fastest pace in a decade, 11.9%

China's economy expanded at its fastest pace in over a decade in the second quarter, data showed Thursday, raising expectations authorities will act quickly but not severely to stop overheating.
Friday, July 20th 2007 - 21:00 UTC
Falkland Islands: Weekly Penguin News update

Headlines:
Falklands take first steps to recycling waste; Hill Cove takes on Chinese domination of the sheepskin tanning business; Data collection sheet annoys parents
Friday, July 20th 2007 - 21:00 UTC
The Kirchner model: king and queen penguin

The “first lady” of Argentina, Cristina Kirchner, launched this week the campaign to succeed her husband Néstor as president. This is less a story of Evita Perón or Hillary Clinton than a political fix by illiberal architects of a failed model of governance, says Celia Szusterman in Agora Vox, the Citizen Media, European Union.
Friday, July 20th 2007 - 21:00 UTC
Chile condemns Toronto police in soccer scuffle

Chilean President Michelle Bachelet condemned Friday the Toronto police's “unjustified” actions after several members of the Chilean FIFA U-20 selection were reportedly shot with stun guns and sprayed with pepper spray after losing 3-0 to Argentina at Toronto's National Stadium.
Friday, July 20th 2007 - 21:00 UTC
China hikes rates to curb inflation and cool economy

The People's Bank of China (PBC) ordered Friday an increase of 0.27% of a point in commercial banks' benchmark one-year deposit and lending rates to keep inflation in check. The increases will take effect on 21 July and is the fifth since April 2006.
Friday, July 20th 2007 - 21:00 UTC
Oil demand, and prices, forecasted to keep increasing

Global demand for oil will increase significantly next year, with greater pressure on prices, said the International Energy Agency (IEA) in its monthly report.
Friday, July 20th 2007 - 21:00 UTC
Poor earnings and housing slump push US markets down

United States stocks fell sharply on Friday following disappointing earnings from Caterpillar and Google. Worries over the impact of the housing slump and losses from risky mortgages also weighed on stocks.