Stories for October 2008

Saturday, October 4th 2008 - 21:00 UTC
Europe agrees on “flexible” targets but no US bail-out plan

Europe's biggest economies agreed on Saturday to work together to support financial institutions, but without forming a joint bail-out fund. French President Nicolas Sarkozy hosted the meeting of the leaders of Britain, Germany and Italy in Paris.
Saturday, October 4th 2008 - 21:00 UTC
Australia clears way for Billiton takeover of Rio Tinto

BHP Billiton proposed 114 billion US dollars hostile bid for rival mining giant Rio Tinto has been cleared by Australia's competition watchdog.
Saturday, October 4th 2008 - 21:00 UTC
Municipal elections in Brazil, electoral test for 2010

Brazilians on Sunday will go to the polls to elect mayors and city councils in more than 5,500 municipal areas. It will be the last significant electoral test in South America's largest country before the presidential elections in 2010.
Saturday, October 4th 2008 - 21:00 UTC
Rescue plan included “shot of rum” for US Caribbean islands

The United States economy received a 700 billion US dollars shot in the arm Friday, and Puerto Rico and the US Virgin Islands got a shot of assistance from rum, according to the US Caribbean territories press.
Saturday, October 4th 2008 - 21:00 UTC
Mrs. Kirchner calls on striking farmers; warns on global crisis

Argentine president Cristina Fernandez de Kirchner called striking farmers to dialogue warning that there's much uncertainty in the world because of the international financial crisis and it could affect the “Argentine model”.
Friday, October 3rd 2008 - 21:00 UTC
Sarkozy denies bail out plan, but EU can't agree on B plan

French President Nicolas Sarkozy distanced himself from a proposed 300 billion Euro European Union-wide bank rescue scheme that has divided EU governments on the eve of a meeting to be held in Paris.
Friday, October 3rd 2008 - 21:00 UTC
Latinamerican markets collapse; Brazil down the most

On the eve of the crucial vote in the US House of Representatives, Latinamerican markets tumbled Thursday dragged by Wall Street (down 3.22%), with Brazil's Bovespa and Argentina's Merval suffering the largest losses.
Friday, October 3rd 2008 - 21:00 UTC
Vice-president Cobos emerges as Argentina best rated leader

Vice President Julio Cobos has become the most popular politician in Argentina strengthened by the weakness of President Cristina Fernandez de Kirchner who has committed several major political errors and no longer speaks with him.
Friday, October 3rd 2008 - 21:00 UTC
UN listing of British Overseas territories is an “anachronism”

The British Government has said that it agrees with the Foreign Affairs Committee's (FAC) statement that Gibraltar's presence on the UN list of Non-Self Governing Territories is an anachronism.
Friday, October 3rd 2008 - 21:00 UTC
Argentina honours Alfonsin and return of democracy in 1983

Former Argentine president Raul Alfonsin, the first elected leader following the cataclysm of the 1982 Falklands/Malvinas conflict was honoured this week with the unveiling of a bust in Government House, Casa Rosada