Stories for 2008

Saturday, June 7th 2008 - 21:00 UTC
Home foreclosures in the US set new record in first quarter of 08

United States home foreclosures and late payments set records over the first three months of the year and are expected to keep rising, stark signs of the housing crisis' mounting damage to homeowners and the US economy.
Saturday, June 7th 2008 - 21:00 UTC
Argentine flag request for Darwin cemetery conveyed to London

The British ambassador said the Argentine government request to have a permanent flag at the Darwin cemetery in the Falkland Islands will be conveyed to the Foreign Office, according to the spokesperson for the UK diplomatic representation in Buenos Aires.
Friday, June 6th 2008 - 21:00 UTC
Falkland Islands: Weekly Penguin News update

Headlines: Leiv sails single-handed from Spain; Options were limited for disposal of Ocean 8; Fishing industry 'penalised' by FIG; Dong Bang burns in FOCZ north.
Friday, June 6th 2008 - 21:00 UTC
Argentine president denies shopping spree in Rome

The Argentine government “emphatically” denied a publication in the Italian daily Corriere Della Sera, which with “manifest malice” reported about some alleged extravagant shopping of President Cristina Fernandez de Kirchner during her recent visit to Rome for the summit on hunger emergency.
Friday, June 6th 2008 - 21:00 UTC
US unemployment rate picks up speed: 5.5% in May

The United States unemployment rate rose at its fastest pace in more than two decades in May, stoking fears of recession in the world's biggest economy. The surprise jump in May's jobless rate to 5.5% from 5% is the most recent signal yet that US growth is stalling.
Friday, June 6th 2008 - 21:00 UTC
“Many airlines will not survive” oil crisis warns IATA

The leaders of the world's airlines unanimously agreed to a resolution calling for governments, airports and labour to take immediate action to help the industry survive the growing financial crisis.
Friday, June 6th 2008 - 21:00 UTC
Embraer sells Super Tucano to US defense service company

Brazilian aircraft manufacturer Embraer confirmed on Friday it had sold a propeller-driven fighter plane to a unit of Blackwater Worldwide, the world's largest private defense services company, and said it would not be used for operations in Iraq.
Friday, June 6th 2008 - 21:00 UTC
Argentina's growth rate lowered to 5,5% and 2% in 08 and 09

London based Barclays Capital lowered its 2008 and 2009 growth forecast for Argentina following on increasing concerns about accelerating inflation, striking farmers blocking exports and slowing investment.
Thursday, June 5th 2008 - 21:00 UTC
Madonna show next December in Buenos Aires and Chile

Madonna is coming to Argentina and Chile sometime in December according to reports in the Argentine edition of the Rolling Stones magazine, quoting sources from the record industry in Buenos Aires.
Thursday, June 5th 2008 - 21:00 UTC
Argentina has largest wine production in Southern hemisphere

Argentina will have a record production of wine for the Southern hemisphere in 2008, totaling 15.25 million hectoliters, compared to the 15.046 of last year according to the latest report from the Paris seated International Organization of Vines and Wine, OIV.