Stories for November 2008

Sunday, November 16th 2008 - 20:00 UTC
Uruguay officials travel to assess troops in Congo

Uruguay Defence's minister and top military leaders leave Monday for Congo to asses in situ the situation of the 1.600 Uruguayan troops from the United Nations peace contingent, most of them in the battle front of Goma, said the government in Montevideo.
Saturday, November 15th 2008 - 20:00 UTC
“Medusa operation” busts corruption ring in Montevideo port

A corruption network which operated in the port of Montevideo has seen three more Customs officials and a businessman sent to jail. The four and possibly others, because it's an ongoing investigation, are linked to the fish export industry.
Saturday, November 15th 2008 - 20:00 UTC
Uruguay Plays Hardball Politics Against Argentina's Kirchner

Pulp Mill Dispute Threatens to Do Grave Damage to MERCOSUR, Which Could Then Spread to Newly-Formed UNASUR
Saturday, November 15th 2008 - 20:00 UTC
Air turbulence likely caused Mexican jet crash

The turbulent wake of a larger plane likely caused the crash of a government jet that killed Mexico's second-most powerful official, investigators said Friday, as they released a recording transcript showing the frantic pilots struggling to regain control of the plane.
Saturday, November 15th 2008 - 20:00 UTC
Actress Charlize Theron named UN Messenger of Peace

The Academy Award-winning actress and activist Charlize Theron has been designated by UN Secretary-General Ban Ki-moon as a United Nations Messenger of Peace, with a special focus on ending violence against women.
Saturday, November 15th 2008 - 20:00 UTC
G20 summit vow to restore global economic growth

Leaders of the world's 20 largest economies have agreed to work together to restore economic growth and reform the world's financial system.
Friday, November 14th 2008 - 20:00 UTC
Falkland Islands: Weekly Penguin News update

Headlines: '82 veterans bond on Falklands visit; Some difficult choices before the next budget; Former governor fined.
Friday, November 14th 2008 - 20:00 UTC
Soros forecasts “decimation” of hedge funds

Billionaire investor George Soros offered a gloomy outlook for the US economy, stating that a depression is possible. Testifying at a US Lower House Oversight and Government Reform Committee hearing on Thursday, Soros predicted that not only will the US muddle through a “deep recession,” but that hedge funds will be “decimated” by the current financial crisis.
Friday, November 14th 2008 - 20:00 UTC
Japan pledges 100 billion USD to boost IMF crisis fund

Japan will propose at the upcoming Group of 20 Washington summit the doubling of the current 340 billion dollars provided to the International Monetary Fund to help strengthen its capacity to address financial crises and is willing to pledge 100 billion US dollars of its reserves, according to government sources in Tokyo.
Friday, November 14th 2008 - 20:00 UTC
Bush defends 60 years of free-market system success

US President George W Bush has admitted the financial system needs reforming, but insists the credit crunch was not a failure of the free-market system. Speaking Thursday in New York, Mr Bush said that while financial markets did need some new regulation and more transparency, free trade should not be restricted.