Stories for 2008

Friday, August 1st 2008 - 21:00 UTC
Lula and Cristina meet to prop Mercosur and trade

Brazilian President Luiz Inácio Lula da Silva of Brazil is expected in Argentina on Sunday to have his first meeting with President Cristina Fernández de Kirchner since the two nations clashed at the Doha round trade negotiations which collapsed on Tuesday in Geneva.
Friday, August 1st 2008 - 21:00 UTC
Banco Santander admits sale talks with Venezuelan gov.

Spanish bank Santander, one of Europe's leading financial institutions admitted holding talks to sell the bank it owns in Venezuela to the government. The announcement comes a day after President Hugo Chavez said he wanted to nationalize the institution which operates as Banco de Venezuela and has been in the country for over a century.
Friday, August 1st 2008 - 21:00 UTC
Ecuador and Chile join to explore for gas in Guayaquil gulf

Ecuador government owned petroleum corporation Petroecuador announced this week the creation of a joint company with Chile's counterpart, ENAP, to explore for natural gas in the Guayaquil gulf.
Friday, August 1st 2008 - 21:00 UTC
Bolivia's recall vote confirmed in spite of controversy

A recall vote in Bolivia that could force out President Evo Morales and a group of opposition governors will go ahead on August 10 despite a possible change in voting rules, vice president Alvaro Garcia Linera said on Friday.
Friday, August 1st 2008 - 21:00 UTC
Cruise liner hit by Pacific storm leaves 40 passengers injured

An estimated 40 passengers were injured when a P&O Cruises ship encountered a storm about 400 miles from New Zealand, officials reported in Auckland.

Passengers were treated for broken bones and minor flesh wounds after the Pacific Sun encountered seven meter swells and strong winds Wednesday night, The Daily Telegraph reported.
Thursday, July 31st 2008 - 21:00 UTC
Aerolineas and Austral rated among worst air carriers

Aerolíneas Argentinas and Austral have been rated among the worst air carriers out of a total of 90 in five continents according to the Argentine Tourism Law Association, Aadetur, which ranks them 81 and 82.
Thursday, July 31st 2008 - 21:00 UTC
Bush signs law to help homeowners and battered market

United States President George W. Bush signed Wednesday into law a bill designed to help struggling homeowners and prop up the battered US housing market. The new law creates a 300 billion US dollars rescue fund to help thousands of homeowners get cheaper loans.
Thursday, July 31st 2008 - 21:00 UTC
Memorial service at wreck of River Plate Battle HMS Exeter

HMS Kent, one of the Royal Navy's most modern warships, looked back at history as she remembered one of her illustrious World War II predecessors last Sunday. The Portsmouth based frigate, currently undertaking tasking in the Far East, laid wreaths over the recently found wreck of cruiser HMS Exeter during a ceremony attended by the British Ambassador to Indonesia, veterans and descendants of the sinking and the diver who discovered the wreck.
Thursday, July 31st 2008 - 21:00 UTC
Governor declares New York economy officially in recession

New York governor David Paterson admitted the state economy was in recession and announced spending cuts to face a steep budget deficit due to declining tax revenues. Paterson said that he would ask the legislature to approve another 600 million US dollars cut in an emergency session.
Thursday, July 31st 2008 - 21:00 UTC
Argentine building industry declining tendency accelerates

Argentine construction activity fell the most in more than four years last month as faster inflation and a farmers strike threatened to undermine a five year running expansion of the economy.