Stories for October 2008

Tuesday, October 28th 2008 - 20:00 UTC
Chile asks G8 liquidity support for development banks

Chile called for a quick response from the international community in face of the global financial crisis and emphasized that country members from the G-8 should increase contributions to the Inter American Development Bank (BID) and to the Andean Promotion Corporation (CAF) thus helping with more liquidity for the region.
Tuesday, October 28th 2008 - 20:00 UTC
Peru and Spain sign “strategic association” accord

Peru and Spain signed this week a “strategic association” agreement during a ceremony headed by King Juan Carlos and Peruvian president Alan Garcia at Government Palace in Lima, the highlight of the royal couple's visit to Peru.
Tuesday, October 28th 2008 - 20:00 UTC
Karl Marx was never so right, says Nobel laureate Saramago

“Karl Marx was never so right as now” about the current crisis of the capitalist system said Nobel Prize in Literature Jose Saramago during the presentation in Lisbon of the film “Blindness”, partly filmed in Montevideo, with a script based on his novel.
Tuesday, October 28th 2008 - 20:00 UTC
UK calls on China and Gulf states to boost IMF resources

British Prime Minister Gordon Brown called on Tuesday for an increase in funding of the International Monetary Fund (IMF) to cut the risk of “financial contagion” and said China and oil-rich Gulf states should make the bulk of the contributions.
Tuesday, October 28th 2008 - 20:00 UTC
Chilean ruling coalition could annex communist party

Chilean presidential hopeful and currently Secretary General of the Organization of American States, (OAS) Jose Miguel Insulza admitted that the Chilean ruling coalition could loose next year's election. But he also proposed closer ties with the Communist party to impede further vote erosion.
Tuesday, October 28th 2008 - 20:00 UTC
Markets alone can't ensure housing for all, says UN

The mortgage crisis that is at the heart of the current financial turmoil reflects “fundamental” flaws in the way countries approach housing, and highlights the danger in thinking that markets alone will ensure adequate housing for all, said an independent United Nations human rights expert.
Tuesday, October 28th 2008 - 20:00 UTC
Income inequality since 2000 has risen in US and Germany

The gap between rich and poor in most wealthy nations has widened, revealed the Organization for Economic Co-operation and Development (OECD). Across the 24 OECD countries where data was available, the cumulative rise in inequality was 7% over the past 20 years, the Paris-based group said. But this was not as large a rise as had been expected, it said.
Tuesday, October 28th 2008 - 20:00 UTC
German misgivings about Antarctic visitors' number

The Antarctic wilderness is attracting a growing number of tourists keen to experience the icy landscape yet their presence is posing new risks to this unique marine environment.
Monday, October 27th 2008 - 20:00 UTC
Brazilian military warning to Paraguay landless peasants

Brazilian military exercises along the border with Paraguay are escalating tensions between the South American neighbours. Operation Southern Border II mobilized 3,500 soldiers from the Brazilian armed forces along the border, as part of a larger force of some 10,000 soldiers also deployed along the borders with Uruguay and Argentina.
Monday, October 27th 2008 - 20:00 UTC
Mercosur special meeting with challenging agenda

The Mercosur Council meets Monday in Brasilia to address an agenda of controversial issues: the global financial crisis; commercial asymmetries among country members and Uruguay's veto to former President Nestor Kirchner's for the chair of Unasur.