Alan Greenspan, who served for 19 years as chairman of the Federal Reserve and has made a new splash with a memoir critical of Republicans and the Bush White House for not getting better control over federal spending, says today that the odds of a recession in coming months are less than 50-50.
It's been 40 years since the militant revolutionary was executed in a Bolivian schoolhouse. To leftist governments across Latin America, he's still a beloved icon. It was a long fight, but the Cubans have finally conquered this forlorn Andean hamlet, four decades after Ernesto Che Guevara was executed in the adobe schoolhouse.
United States Secretary of Commerce Carlos Gutierrez arrived Monday in Uruguay as part of a regional visit that also includes Brazil, with the purpose of further promoting greater bilateral trade, economic growth and greater commercial cooperation.
Economy and Finance ministers from all South American countries, except for Peru and Colombia, are meeting Monday in Brazil to discuss final details of a regional development financial institution sponsored by Venezuela's President Hugo Chavez.
The United Nations Fourth Committee, the Special Political and Decolonization, meets this Monday for an opening session under the Chairmanship of Abdalmahmood Abdalhaleem Mohamad from Sudan.
South Georgia is preparing for the busiest cruise ship season ever which is scheduled to begin October 25th with the arrival of Nordenorge with 300 passengers, reports the SG government. However the tourist season starts with five yachts (three of them with expedition groups) due to arrive as of October 11th.
The credit squeeze will force governments worldwide to make substantial changes to their budget plans, Rodrigo Rato, outgoing managing director of the International Monetary Fund, has warned. He said that the credit squeeze was a serious crisis that was not over yet and would curtail growth worldwide.
Farmers from Argentina's dairy belt, one of the most productive in the world are considering converting into cereals and oil seeds given the low reference prices imposed by the Argentine government.
Punta del Este, Uruguay's main international seaside resort on the South Atlantic this coming summer season will be receiving 83 cruise vessels calls with an estimated 120.000 visitors, 60% increase over the 2006/2007 season.
On October 11th Gibraltar goes to the polls to elect a new Government. Under the new 2006 constitution there will be an increase in the number of votes per person to ten from the previous eight, with the two major parties, the Gibraltar Social Democrats (GSD) and the Gibraltar Socialist Labour Party (GSLP) with the newer Progressive Democracy Party (PDP) fielding six and two independent candidates on offer.