Stories for October 2008

Sunday, October 26th 2008 - 20:00 UTC
Argentina: F1 burns rubber on Bs. Aires 9 de Julio Avenue

In an splendid sunny afternoon, Scottish Formula One driver David Coulthard raced his Red Bull yesterday on the 9 de Julio Avenue in front of 80,000 fans who attended the free show downtown to watch a Formula One car in action for the first time in 10 years.
Sunday, October 26th 2008 - 20:00 UTC
Farc hostage Lizcano escapes with guard after 8 years

A Colombian congressman held hostage by Marxist guerrillas for eight years escaped through the jungle with one of his captors in another blow to Latin America's oldest insurgency.
Sunday, October 26th 2008 - 20:00 UTC
Israel's Livni scraps coalition effort, wants early elections

Unable to form a new coalition government, Kadima Party leader Tzipi Livni said Sunday she has asked Israeli President Shimon Peres to hold early general elections.
Sunday, October 26th 2008 - 20:00 UTC
Serious setback for President Lula in Sao Paulo mayor race

Brazil's ruling party and President Lula da Silva suffered a serious blow Sunday in the country's main city Sao Paulo where incumbent conservative mayor Gilberto Kassab comfortably won a second period defeating Marta Suplicy in the run off by almost twenty points.
Sunday, October 26th 2008 - 20:00 UTC
UK/Arg chamber praises departing Ambassador Hughes

British Ambassador in Argentina John Hughes, who ends a four-year mission here this month, was given the warmest of farewells by the British-Argentine Chamber of Commerce (CCAB) earlier this week in the stately surroundings of the ex-mansion wing of a Buenos Aires downtown hotel.
Sunday, October 26th 2008 - 20:00 UTC
Asia/Europe summit call for reform and greater IMF role

Asian and European leaders have called for comprehensive reform of the global financial system. Ending a summit in Beijing, they also urged the International Monetary Fund (IMF) to play a greater role in helping countries hit by the market turmoil. UN chief Ban Ki-moon called for action to help affected developing nations.
Saturday, October 25th 2008 - 20:00 UTC
Asia-Europe concert efforts for coming financial summit

Asian and European leaders called for a concerted effort to weather a financial crisis that originated from the United States and has now spread globally as the 7th Asia-Europe meeting opened on Friday.
Saturday, October 25th 2008 - 20:00 UTC
Latam prospects conditioned to commodity prices

Latin American economic growth may slow more than expected in 2009 due to lower prices for the commodities that drive many of the region's economies, the International Monetary Fund said this week in Chile.
Saturday, October 25th 2008 - 20:00 UTC
Brazilian group becomes Mercosur footwear leader

Sao Paulo Alpargatas, Brazil largest textile and Footwear Company announced Friday the acquisition of Alpargatas Argentina, turning the consolidated company into a bi-national corporation leader in its sector in Mercosur and Latinamerica.
Saturday, October 25th 2008 - 20:00 UTC
Miami federal jury begins deliberations of suitcase scandal

A United States federal jury in Miami began deliberations Friday in the trial of a wealthy Venezuelan businessman accused in a conspiracy to hide the source and destination of a suitcase stuffed with 800,000 USD in cash and involving Venezuela and Argentina.