Stories for September 2008

Monday, September 22nd 2008 - 21:00 UTC
Argentine president talks about the infamous word, inflation

What? Did the Argentine President actually use the “I” word? Yes she said “inflation”. “The first world” President Cristina Fernandez de Kirchner said on Tuesday, “has collapsed like a bubble.” Bubbles? They burst. It is walls that collapse, Mrs. President.
Monday, September 22nd 2008 - 21:00 UTC
Expectation with Mrs. Kirchner first UN assembly speech

Argentine President Cristina Fernández de Kirchner is scheduled to attend on Tuesday the official opening and later address the 63rd General Assembly of the United Nations.
Monday, September 22nd 2008 - 21:00 UTC
Germany partly blames US and UK for financial turmoil

German chancellor Angela Merkel said that the United States and British governments are partly responsible for the current international financial crisis for having supported markets' resistance to be submitted to voluntary regulations.
Monday, September 22nd 2008 - 21:00 UTC
Stiglitz says bailout plan is “monstrous” for US taxpayers

Economy Nobel Prize Joseph Stiglitz described as “monstrous” for US taxpayers the current bail out plan for the financial sector announced by Washington over the weekend.
Monday, September 22nd 2008 - 21:00 UTC
Growing concern over soaring Asia-Pacific migration impact

A United Nations-supported meeting opening Monday in Bangkok is closely looking at the impact of migration in Asia and the Pacific – where the number of international migrants has skyrocketed from 28 million to 53 million in just under half a century – on socio-economic development in the region.
Monday, September 22nd 2008 - 21:00 UTC
President Lula's success confirms “God is Brazilian”

“God has publicly admitted that he's Brazilian” said President Lula da Silva on the campaign trial for the coming municipal elections next October 5 underlining the achievements of his administration since he took office in January 2003.
Monday, September 22nd 2008 - 21:00 UTC
Historic: Falklands Council agrees on draft constitution

AFTER eight years of debate, consultation and careful consideration, history was made on Friday in the Falkland Islands when elected members agreed that the draft Constitution should be formally submitted to Her Majesty's Government.
Monday, September 22nd 2008 - 21:00 UTC
Jittery markets hike oil price which settles at 120 US dollars

Reflecting uncertainties about the US government 700 billion US dollars bail out plan and its consequences on the US dollar, oil prices on Monday jumped briefly 25 US dollars before falling back to 120.97 US dollars a barrel
Monday, September 22nd 2008 - 21:00 UTC
Cristina announces possible deal with bonds' “hold outs”

Argentine President Cristina Fernandez de Kirchner announced Monday in New York her administration was considering a proposed deal with holdout creditors who rejected the country's 2005 sovereign debt swap and have since used the courts to try to seize Argentine assets abroad.
Monday, September 22nd 2008 - 21:00 UTC
US Cancer Institute interested in research program in Uruguay

An initiative from the United States National Cancer Institute to establish an extensive cancer research program in Uruguay was the foremost of several expanded scientific cooperation initiatives considered by US and Uruguayan officials meeting in New York.