Stories for October 2007

Friday, October 12th 2007 - 21:00 UTC
Fed anticipates tougher regulations for mortgage market

Federal Reserve governor Randall Kroszner said this week that the central bank was forced to cut its benchmark interest rate in September because earlier attempts to increase liquidity did not help enough.
Friday, October 12th 2007 - 21:00 UTC
“This is New York” campaign targets 50 m. tourists by 2015

Tourists love New York and lots of them visit the Big Apple but the city says that's not enough so it is spending big money on a new ad campaign. The goal is to attract 50 million tourists a year by 2015 with the slogan “This is New York”.
Friday, October 12th 2007 - 21:00 UTC
Forty new aircrafts, and four A380, for Aerolineas Argentinas

Grupo Marsans the largest tourism and transport group in Spain announced this week it has ordered 73 Airbus aircraft, including four new A380 “Superjumbo”, for its Air Comet and Aerolineas Argentinas fleets.
Friday, October 12th 2007 - 21:00 UTC
Colombia gas-links with Venezuela and joins Bank of the South

Colombia formally requested to join the regional multilateral development bank known as the Bank of the South. President Alvaro Uribe made the announcement on Friday during the inauguration of a gas pipeline which links Guajira in northern Colombia with Venezuela's Lake Maracaibo area.
Friday, October 12th 2007 - 21:00 UTC
FAO warns about global advance of animal diseases

The recent arrival of the bluetongue virus in the United Kingdom indicates again that animal diseases are advancing globally and countries will have to invest more in surveillance and control measures, warned FAO.
Friday, October 12th 2007 - 21:00 UTC
US dollar in Chilean market keeps sliding and closer to $ 490

With the US dollar operating in the Chilean Money exchange market below the 500 pesos benchmark, and still sliding, the Chilean Central Bank decision to leave the basic rate unchanged came as a relief.
Friday, October 12th 2007 - 21:00 UTC
Chavez bans Spanish pop singer from government stadium

A popular Spanish singer has been banned from performing in a Caracas stadium over remarks he made about Venezuelan President Hugo Chavez. Higher Education Minister Luis Acuña accused Alejandro Sanz of criticizing Chavez three years ago while touring Venezuela.
Friday, October 12th 2007 - 21:00 UTC
Nine million children in Latinamerica malnourished

FAO called Friday on Latinamerican governments to fight infant malnutrition in the region which affects nine million children in the region which are born condemned to exclusion,
Thursday, October 11th 2007 - 21:00 UTC
IMF yes/no policy: growth to continue but also credit turmoil

The International Monetary Fund's chief economist said on Wednesday repercussions from recent market turmoil should be contained within advanced economies, with growth in emerging markets likely to remain broadly on track.
Thursday, October 11th 2007 - 21:00 UTC
UK surveyors: house prices fall at fastest rate in two years

House prices are falling at their fastest rate for two years as buyers stay away from the market, new figures have shown.