Stories for October 2008

Tuesday, October 21st 2008 - 20:00 UTC
Mercosur Council meets in Brazil to address crisis

The Mercosur Council, CNC, the highest political body of the South American customs union will be holding an extraordinary meeting next Monday in Brasilia to consider the current global financial crisis, it was announced in Montevideo.
Tuesday, October 21st 2008 - 20:00 UTC
Gibraltar opens new “shop window and face” in London

Chief Minister Peter Caruana proudly showed off Gibraltar's new plush modern London offices which will be known as “Gibraltar House”.
Tuesday, October 21st 2008 - 20:00 UTC
Copper falls below 2 USD benchmark; lowest in three years

Copper tumbled below 2 US dollars a pound for the first time since December 2005, having dropped 34% so far this year. Speculation that the world economy is headed for a recession, including slower growth in China, anticipates a weaker demand for metals.
Tuesday, October 21st 2008 - 20:00 UTC
Bolivia agrees vote on new constitution referendum

Bolivian president Evo Morales reached a deal with opposition politicians to hold a referendum on a new constitution after agreeing to limit himself to running for only one more term in office.
Tuesday, October 21st 2008 - 20:00 UTC
US LTS and oiler vessels for Peru and Chile navies

Three decommissioned vessels from the United States Navy will be transferred in coming months to Peru and Chile once the US Congress approves the operation which is expected to happen at the end of the month, according to defence affairs publication “Enfoque Estratégico”.
Tuesday, October 21st 2008 - 20:00 UTC
Bush invites Lula da Silva to world financial summit

United States President George W. Bush invited Brazilian leader Lula da Silva to participate in a summit of the world's leading economies to discuss the global financial crisis, a White House source said on Tuesday.
Tuesday, October 21st 2008 - 20:00 UTC
New UK Minister for Europe reiterates support for Gibraltar

Caroline Flint, the new Minister for Europe at the Foreign Office, has reiterated the United Kingdom commitment not to enter into talks with Spain on Gibraltar's sovereignty, or any process of talks, against the wishes of the people of Gibraltar. The remarks came at the Gibraltar Day in London reception.
Tuesday, October 21st 2008 - 20:00 UTC
In spite of global crisis Latam countries avoid IMF

Latin American governments haven't yet turned to one traditional source of aid as they combat the global economic crisis: the widely vilified International Monetary Fund.
Tuesday, October 21st 2008 - 20:00 UTC
Punta Arenas airport will have exclusive Antarctica Terminal

In 2010 Punta Arenas airport will have an international Terminal exclusive for Antarctic travellers. The purpose: to confirm Punta Arenas as the real door of access to Antarctica, a condition it disputes with neighbouring Ushuaia in Argentine Tierra del Fuego.
Tuesday, October 21st 2008 - 20:00 UTC
WTO reports leap in anti-dumping investigations

The number of investigations into the practice of dumping, or exporting a product at an unfairly low price, surged in the first half of this year, the World Trade Organization (WTO) reported this week.