Stories for 2008

Monday, April 14th 2008 - 21:00 UTC
Uruguay sets new Guinness record with a 12 ton barbecue

Over a thousand grill chefs helped Uruguay establish a new Guinness record when on Sunday they prepared the biggest barbecue in the world, 12 tons of prime beef and thus beating the previous 8 ton record from Mexico.
Monday, April 14th 2008 - 21:00 UTC
Sniffs of another major oil discovery offshore Brazil

Brazil's government managed oil corporation Petrobras said late Monday that more conclusive data on the Carioca ultra deep pre salt basin discovery potential “will only be known after other phases in the assessment process have been completed”.
Monday, April 14th 2008 - 21:00 UTC
Falkland Islands restore Argentine tank after 26 years

An Argentine Panhard armored car which escaped damage despite the fact it took part in the 1982 Falkland Islands war and spent the following 25 years on a training range has been rescued and brought to Stanley to be renovated.
Monday, April 14th 2008 - 21:00 UTC
Former bishop retains lead in Paraguay's presidential race

With five days for next Sunday's Paraguay's presidential election former Catholic Bishop Fernando Lugo is still the front-runner but his lead over rival candidates has narrowed, according to a public opinion poll published on Ultima Hora Sunday's edition.
Monday, April 14th 2008 - 21:00 UTC
US fourth largest bank looking for 7 billion cash injection

The United States fourth-largest bank Wachovia Corporation reported a 393 million US dollars loss in the first quarter and has been forced to cut its dividend and seek a 7 billion US dollar cash injection to make up its mortgage business.
Monday, April 14th 2008 - 21:00 UTC
Protestors win half victory over Japanese whaling fleet

Japan blamed the failure of its whaling fleet to net little more than half its target catch this year to “relentless interference” from environmentalists and described the situation as “regrettable”.
Monday, April 14th 2008 - 21:00 UTC
Massive production of bio-fuels: “crime against humanity”

Massive production of bio-fuels is “a crime against humanity” because of its impact on global food prices, said on Monday United Nations Special Rapporteur for the Right to Food, Jean Ziegler.
Sunday, April 13th 2008 - 21:00 UTC
G7 ministers target financial sector and credit rating agencies

The G7 group of most industrialized nations, meeting in Washington, approved a plan Saturday aimed at easing the continuing crisis in the global credit markets.

Including calls for more oversight of financial firms and greater financial transparency, G7 members have committed themselves to its implementation
Sunday, April 13th 2008 - 21:00 UTC
Bankers acknowledge “weakness in business practices”

The credit crisis is still sending shockwaves around the world and leading banks have now accepted much of the blame for the current turbulence in the financial markets. At a meeting of the Institute of International Finance in Frankfurt, senior bankers acknowledged that “weaknesses in business practices”, including bankers' pay and the management of risk, may have contributed to the crisis, reports the BBC.
Sunday, April 13th 2008 - 21:00 UTC
Haiti's Congress sacks Prime Minister over food riots

Haiti Parliament voted on Saturday to oust Prime Minister Jacques Edouard Alexis following widespread anger over rising food prices that led to days of deadly protests and looting.