MercoPress. South Atlantic News Agency
Stories for July 2008
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Wednesday, July 9th 2008 - 21:00 UTC
Fed expects financial turmoil to persist and ready to rescue
The US Federal Reserve may extend into next year a facility that gives investment banks access to emergency cash if the financial turmoil persists. The lending facility was put in place in March to stabilize the financial system as Bear Stearns collapsed.
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Wednesday, July 9th 2008 - 21:00 UTC
Argentine gov. planning to take over Aerolíneas
The Argentine government has plans to intervene in the administration of the country's largest airline and flag carrier Aerolineas Argentinas, which has been hit by a series of labor disputes, Buenos Aires media reported on Wednesday.
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Wednesday, July 9th 2008 - 21:00 UTC
Trichet warns Euro nations of inflation price spiral
European Central Bank President Jean-Claude Trichet warned Wednesday that Euro nations are already seeing the first signs of an inflation price spiral and called on governments to help contain wage hikes that could fuel further price rises.
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Tuesday, July 8th 2008 - 21:00 UTC
Intense lobbying by Kirchner and farmers for Senate votes
After the tight victory in the Lower House the Argentine government and the farmers are preparing for the decisive battle, on the controversial grains and oilseeds export taxes, in the Senate, where intense lobbying has begun and on independent accounts it's an open race.
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Tuesday, July 8th 2008 - 21:00 UTC
Possible G8 major agreement on climate change
Climate change is expected to be the focus of Tuesday discussions at annual talks between the Group of Eight major industrialized nations currently taking place in Japan.
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Tuesday, July 8th 2008 - 21:00 UTC
EU ministers iron out differences on immigration rules
European Union ministers agreed in principle to a French plan aimed at reforming immigration rules across the union. At informal talks in Cannes on Monday, ministers from all 27 states signed a draft pact agreeing common rules on the treatment of migrants and asylum requests.
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Tuesday, July 8th 2008 - 21:00 UTC
June, worst month for Argentine retailers since 2002 crisis
Argentine retail sales at national level “plummeted” in June falling 18.3% compared to the same period a year ago, the worst performance since the country began recovering from the 2001/02 collapse of the economy according to a release from the Argentine Confederation of Small Enterprises, CAME.
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Tuesday, July 8th 2008 - 21:00 UTC
Betancourt calls for dialogue and end to “hatred” language
Recently liberated hostage and former Colombian presidential candidate Ingrid Betancourt said President Alvaro Uribe should soften his tone when dealing with the FARC rebel group and urged him to break with the language of “hatred”.
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Tuesday, July 8th 2008 - 21:00 UTC
Falklands “Dumbarton Castle” plaque donated to the Burgh
The donation of an eight-foot name plaque from Fisheries Patrol HMS Dumbarton Castle to the Burgh has been described as a “great honor”, according to the Dumbarton Reporter in an article written by Andrew Gibson.
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Tuesday, July 8th 2008 - 21:00 UTC
Magallanes: dispute over the origin of salmon disease
Although it is now certain that at least one salmon farm in southern Chile's Magallanes (Region XII) has tested positive for Infectious Salmon Anemia (ISA), what is not yet clear is how the debilitating disease made it to Chile's southernmost region.
