Stories for August 2007

Wednesday, August 22nd 2007 - 21:00 UTC
Menem on Mrs. K: “she's s arrogant, full of hatred and rancor”

President Nestor Kirchner administration is “the most corrupt ever in Argentina” claimed former president Carlos Menem in an interview with Chile's El Mercurio.
Tuesday, August 21st 2007 - 21:00 UTC
United Nations finalizing Flash Appeal for Peru

As the United Nations (UN) system finalizes a Flash Appeal for the earthquake stricken parts of Peru, UN inter-agency teams are assessing the situation in the affected areas.
Tuesday, August 21st 2007 - 21:00 UTC
Hurricane Dean strengthens into a Category 5 storm

Hurricane Dean strengthened into a monstrous Category 5 storm Monday night as its outer bands of wind and rain slammed the coasts of Mexico and Belize. Thousands of tourists fled the beaches of the Mayan Riviera as it roared toward the ancient ruins and modern oil installations of the Yucatan Peninsula.
Tuesday, August 21st 2007 - 21:00 UTC
World economy prospects still good, says IMF

Ministers responsible for the economy and finance, and governors and administrators of central banks from Africa and the International Monetary Fund officials are in Maputo Monday discussing the commitment of the Breton Woods institution towards the continent.
Tuesday, August 21st 2007 - 21:00 UTC
Sao Paulo Airport's Main Runway Shut for Repairs

The main runway at Brazil's biggest international airport was shut today and will remain closed for almost two months while construction crews rebuild the tarmac to improve safety.
Tuesday, August 21st 2007 - 21:00 UTC
China hikes interest rates for the fourth time this year

China raised interest rates on Tuesday for the fourth time this year in an attempt to control the country's economic expansion as stock prices hit another record high and inflation in July was the highest in a decade.
Tuesday, August 21st 2007 - 21:00 UTC
Mortgage buble: risk rating agencies to be grilled by US Senate

Credit rating companies must “shoulder some responsibility” for sub-prime mortgage bonds that have sparked a crisis in credit markets said United States Senator Richard C. Shelby, the Senate Banking Committee's top Republican.
Tuesday, August 21st 2007 - 21:00 UTC
Latam business climate “remains favorable”, says FGV

Latinamerica business climate remained favorable in July and reached its highest level since April 2000, according to the quarterly report from the prestigious Brazilian Foundation Getulio Vargas, FGV.
Monday, August 20th 2007 - 21:00 UTC
Hurricane Dean batters Jamaica, heads toward Mexico

Hurricane Dean buffeted Jamaica's southern coast, flooding the capital and littering it with broken trees and roofs after killing nine people earlier on its run through the Caribbean.
Monday, August 20th 2007 - 21:00 UTC
Argentina's Menem loses governor's race

Former President Carlos Menem was easily defeated by an incumbent governor of a western province on Sunday, ending a comeback bid by the 77-year-old who governed the country from 1989 to 1999.