Stories for July 2008

Wednesday, July 16th 2008 - 21:00 UTC
Wife of Moscow mayor buys £ 48 m London mansion

Witanhurst, a 90-room Grade-II Queen Anne listed mansion in Highgate, sold for £23 million last year, only to see its value soar 56% in the last 12 months despite worries of falling house prices.
Wednesday, July 16th 2008 - 21:00 UTC
Uribe admits Red Cross symbol used in rescue operation

Colombian President Alvaro Uribe admitted one Red Cross symbol was used in a daring and successful hostage rescue mission that took place two weeks ago.
Wednesday, July 16th 2008 - 21:00 UTC
Buenos Aires “fed up” with Kirchner farmers' conflict

A majority of Buenos Aires City residents are “fed up” with political rallies stemming from the ongoing stand off between the Argentine government and the protesting farmers over grains and oilseeds export taxes, according to a survey released on Wednesday.
Wednesday, July 16th 2008 - 21:00 UTC
US inflation in June at its fastest pace in 17 years

United States inflation accelerated at its fastest pace in 17 years in June driven higher by surging energy prices. Consumer prices were 5% higher than a year ago and rose 1.1% on a monthly basis, the Labor Department said on Wednesday.
Wednesday, July 16th 2008 - 21:00 UTC
Higher rates expected as Euro inflation doubles ECB target

Surging fuel food prices drove Euro zone inflation in June to 4%, (from 3.7% in May) more than double the European Central Bank target and the highest since measurements began in 1997, according to the latest release from the EU statistics office Eurostat.
Wednesday, July 16th 2008 - 21:00 UTC
Argentina faces complicated horizon, says Wall Street

Wall Street analysts forecast a complicated horizon for Argentina fueled by the government's political problems, slower economy, rising inflation and the ongoing dispute with farmers over taxes which some anticipate will find its way to the courts, according to reports in the Buenos Aires press.
Wednesday, July 16th 2008 - 21:00 UTC
Tighter restrictions for site access in South Georgia

Under the revised Tourism Management Policy document from the government of South Georgia, in the South Atlantic, tighter restrictions have been placed on site access for private vessels with more than 10 persons on board (including paid crew).
Wednesday, July 16th 2008 - 21:00 UTC
Ecuador, Venezuela agree to build biggest oil refinery

Rafael Correa, the Ecuadorian president, and Hugo Chavez, his Venezuelan counterpart, have entered into an agreement to build the biggest oil refinery on South America's Pacific coast.
Tuesday, July 15th 2008 - 21:00 UTC
Kirchners Senate block show cracks ahead of crucial vote

With less than two days for the crucial Congressional vote on the sliding tax regime on grain and oil seed exports which is at the heart of a dispute between the Argentine administration of Cristina Fernandez de Kirchner and the farmers, the final tally remains uncertain.
Tuesday, July 15th 2008 - 21:00 UTC
Argentina re-implants export benefits to help fishing industry

Argentina re-established benefits to fisheries exports to the tune of 20 million US dollars annually according to reports in the Buenos Aires press. Benefits range from 1% to 10% depending on the added value to the exported product.