Stories for September 2008

Friday, September 26th 2008 - 21:00 UTC
Ecuadorian president set to win Sunday's charter referendum

Ecuadorian President Rafael Correa is expected to win a constitutional referendum vote next Sunday to accelerate sweeping economic reforms to limit the private sector and expand the Executive control of the oil-exporting country's economy
Friday, September 26th 2008 - 21:00 UTC
Contaminated milk products scare reaches FAO

Given the ongoing crisis in China over melamine-contaminated powdered food which has hospitalized nearly 13,000 children, United Nations agencies urged countries to ensure the safe feeding of infants and to be on alert for the possible spread of tainted dairy products.
Friday, September 26th 2008 - 21:00 UTC
Democrats' message to markets: rescue bill is “back on track”

United States president George W Bush has said that legislators will “rise to the occasion” and pass the proposed 700 billion Wall Street rescue plan. He said disagreements remained as “the proposal is big and the reason it's big is because it's a big problem”.
Friday, September 26th 2008 - 21:00 UTC
Labor reiterates in Manchester pledge to Gibraltar sovereignty

Gibraltar Chief Minister Peter Caruana exchanged greetings with Prime Minister Gordon Brown at the Labour conference this week just moments after Minister for Europe Jim Murphy reiterated the UK Government pledge to Gibraltarians on sovereignty.
Friday, September 26th 2008 - 21:00 UTC
Argentina/Uruguay agree it's time to lift 3 year blockade

Argentine ambassador in Uruguay denied on Friday the existence of contradicting statements between the two neighboring countries regarding the end to pickets blocking bridges linking both countries which have interrupted trade and everyday traffic.
Thursday, September 25th 2008 - 21:00 UTC
China has no hegemony aspiration Hua Jiabao tells UN

China is pursuing a path of peaceful development, building its military strength only to protect its sovereignty and territorial integrity, the General Assembly's high-level debate was told on Wednesday.
Thursday, September 25th 2008 - 21:00 UTC
Live cattle prices in Uruguay sliding after peaking in August

Live cattle prices in Uruguay after reaching a historic peak in mid August have begun to drop significantly following the meat industry's decision to soften activity and a drop in demand from Russia and to a certain extent the European Union.
Thursday, September 25th 2008 - 21:00 UTC
British priest killed by Pinochet Navy could be lead case

The sister of an Anglo-Chilean Catholic priest Miguel Woodward, who disappeared in 1973 in Valparaiso after having been held captive in a naval school vessel, called on the Chilean Navy to assume “responsibilities” for human rights abuses committed during the military regime (1973/1990).
Thursday, September 25th 2008 - 21:00 UTC
EU announces strict rules but no US style banks bail out

Europe does not need a US-style bail-out of banks, but must introduce stricter financial supervision, a top EU official has said. Economy commissioner Joaquin Almunia said mimicking the 700 billion US plan to unfreeze credit markets was unnecessary because the situation was “less acute”.
Thursday, September 25th 2008 - 21:00 UTC
Financial crisis: Bush appeals to Congress, Obama and McCain

Americans must support a massive bail-out of financial markets to ease a “serious financial crisis”, US President George W Bush said on Wednesday. The entire economy was in danger, he said in a live TV speech, and failure to act now would cost more later.

He has invited presidential rivals John McCain and Barack Obama to the White House on Thursday to discuss the 700 billion US dollars rescue package.

The rivals have disagreed on delaying a TV debate over the economic turmoil.