Stories for June 24th 2008

Tuesday, June 24th 2008 - 21:00 UTC
ECB member wants “tough” reply to “alarming” inflation

European Central Bank council member Klaus Liebscher said the bank has to be “tough” when deciding on interest rates and described the current inflation in the Euro zone as “alarming”, according to an interview with Market News International.
Tuesday, June 24th 2008 - 21:00 UTC
IMF: current situation testing Latam achievements

IMF chief Dominique Strauss-Kahn warned on Monday of the rising threat of inflation in Latin America, urging policymakers to take steps to contain the shock to prices from energy and food.
Tuesday, June 24th 2008 - 21:00 UTC
Argentine farmers' conflict leads to a “dialogue season”

“Positive” and “important” were the words used to describe the Monday afternoon hour and a half meeting between Argentine President Cristina Fernandez de Kirchner and farmers in Government House following a stand off of over 100 days.
Tuesday, June 24th 2008 - 21:00 UTC
Beijing calls on industry to absorb higher energy costs

China will cap price rises by manufacturers to keep consumer inflation stable following the country's fuel price hike, the National Development and Reform Commission said in a statement over the weekend.
Tuesday, June 24th 2008 - 21:00 UTC
Lux & Ireland richest countries in EU; UK above average

Luxembourg is by far the richest country in the European Union, with Ireland second at almost half its gross domestic product per capita, while Bulgaria is the poorest, according to the latest release from the European Union statistics office.
Tuesday, June 24th 2008 - 21:00 UTC
Uruguay proposes full integration or Mexico to Mercosur

Uruguayan president Tabare Vazquez said that Mexico must integrate with Mercosur and Unasur (Union of South American nations) because otherwise the concept of unity, which these two organizations represent would be “incomplete and insufficient”.
Tuesday, June 24th 2008 - 21:00 UTC
Compromise on whale hunting still has not surfaced

A divided International Whaling Commission opened its annual conference in Chile on Monday with hope for a compromise on whale hunting, which continues around the world, spearheaded by Japan, despite a 22-year commercial ban.
Tuesday, June 24th 2008 - 21:00 UTC
Cristina among the three worst rated presidents

Six months into office Argentina's president Cristina Fernandez de Kirchner honeymoon with the electorate is over and under. Her standing is also at the bottom rock of a list of Latinamerican and US leaders according to the latest public opinion poll from the renowned Mexican consulting firm Mitofsky.