Stories for September 2008

Tuesday, September 23rd 2008 - 21:00 UTC
New ultra-deepwater drill-ship can reach depth of 40.000 feet

Noble Corporation confirmed its subsidiary, Noble Drilling Holding LLC, has signed contracts for the construction of a new, dynamically positioned, ultra-deepwater, harsh environment Globetrotter class drill-ship with South Korea's STX Heavy Industries and Dutch-based design and construction firm Huisman Equipment.
Tuesday, September 23rd 2008 - 21:00 UTC
“This is no time for a novice”, plain PM Brown message

Prime Minister Gordon Brown has staked his claim to be the only man to steer Britain through tough economic times saying: “This is no time for a novice.”
Tuesday, September 23rd 2008 - 21:00 UTC
Financial crisis, Iran and Falklands in Cristina's UN bag

In her first speech before the United Nations General Assembly Argentina's President Cristina Fernandez de Kirchner mocked United States policies, reiterated Iran should extradite officials allegedly involved in terrorist actions in Argentine territory and insisted on claiming sovereignty over the Malvinas/Falklands.
Tuesday, September 23rd 2008 - 21:00 UTC
UK recognition of migrant children's rights hails UNICEF

The United Nations Children's Fund (UNICEF) applauded this week the decision by the British Government to grant children seeking asylum, migrant children and those trafficked into the country the same rights as British children, including their right to education, health care and social services.
Tuesday, September 23rd 2008 - 21:00 UTC
Lula da Silva calls for reforms to stop “anarchy of speculation”

Brazilian President Lula da Silva called for vigorous action to reform multilateral institutions and enable them to prevent a future financial crisis. In a speech Tuesday before the UN General Assembly Lula da Silva said financial, food, energy, environmental and migratory crises reveal the multilateral system must be overhauled to meet 21st Century challenges.
Monday, September 22nd 2008 - 21:00 UTC
Brazil: ethanol rapidly turning gasoline alternative fuel

Gasoline is rapidly becoming Brazil's alternative fuel as ethanol consumption zooms according to the latest reports from the country's Ministry of Agriculture. The tendency is strongly supported by consumers' demand and Brazil's auto industry.
Monday, September 22nd 2008 - 21:00 UTC
Wall Street purge: Mitsubishi buys stake in Morgan Stanley

Japanese banking giant Mitsubishi UFJ Financial Group announced Monday it will buy a stake in troubled Wall Street investment bank Morgan Stanley. The firm said the stake will account for 10% to 20% of Morgan Stanley's common shares.
Monday, September 22nd 2008 - 21:00 UTC
Argentine farmers insist on end to CFK “superpowers”

Argentine farm leaders this week end urged the federal government to put an end to the so-called superpowers that allow the Cabinet Chief office to reallocate funds.
Monday, September 22nd 2008 - 21:00 UTC
Nuclear powered “Peter the Great” en route to Venezuela

A fleet of Russian warships is heading to Venezuelan waters for joint naval war games in November, the biggest since the end of the Cold War. The fleet left its base at Severomorosk in the Arctic and is headed by a nuclear powered cruiser.
Monday, September 22nd 2008 - 21:00 UTC
PM Brown admits mistakes but “I have the experience”

Gordon Brown has admitted he had made mistakes as Britain's Prime Minister and promised: “I will do better”. In an interview ahead of the crucial conference speech on which his future as Prime Minister may depend, Mr Brown insisted he remained the right man to shepherd Britain's economy through global financial turmoil.