Stories for 2008

Friday, November 28th 2008 - 20:00 UTC
Spain launches stimulus plan to create 300.000 jobs

Spain has launched an 11 billion Euro plan aimed at boosting the economy and creating 300,000 jobs. The plan, which represents 1.1% of Spain's GDP is part of the European Union's 200 billion Euro stimulus announced on Wednesday.
Thursday, November 27th 2008 - 20:00 UTC
Medvedev raises Russia's profile in Latin America

Russian President Dmitry Medvedev agreed to help Venezuela start a nuclear energy program on Wednesday as President Hugo Chavez hailed Moscow's deepening ties in Latin America as a reflection of declining U.S. influence.
Thursday, November 27th 2008 - 20:00 UTC
G20 summit in London next April with President Obama

The next summit of the Group of 20 countries on the global economic crisis will be held in London on April 2 next year, British Prime Minister Gordon Brown announced on Wednesday. It will also be Barack Obama first visit to London as the new US president.
Thursday, November 27th 2008 - 20:00 UTC
Qantas begins non-stop flights Sydney-Buenos Aires

After a six-year absence, Australia's flagship airline Qantas returned to Argentina on Monday with direct flights between Sydney and Buenos Aires. The inaugural flight to Buenos Aires departed Sydney at 10.50am and arrived in Buenos Aires at 11am.
Thursday, November 27th 2008 - 20:00 UTC
Drugs controversy: US suspends Bolivia's special trade benefits

The White House said President George Bush has suspended special trade benefits with Bolivia because of its failure to cooperate in drug-fighting efforts.
Thursday, November 27th 2008 - 20:00 UTC
China admits concern with unemployment and social unrest

The slowdown of China's economy is gathering force as the global financial crisis spreads, anticipating rising unemployment and social unrest, admitted the country's top planner. The non written understanding of Chinese communist party supremacy in exchange for sustained growth has begun to sputter.
Thursday, November 27th 2008 - 20:00 UTC
Slumping oil prices deepen rift among OPEC members

Slumping oil prices are beginning to bite into the government budgets of many OPEC members generating different opinions regarding supply and price policies, according to the latest report from an oil energy investment dealer based in Calgary, Canada's oil capital.
Thursday, November 27th 2008 - 20:00 UTC
Investors “priorities” in Latam: Brazil, Mexico, Argentina

Although Chile is considered the market with the most favourable environment for business, only two out of ten Spanish corporations consider it a priority and focus their efforts in Brazil, Mexico and Argentina.
Thursday, November 27th 2008 - 20:00 UTC
Global air traffic down; Latam pax up 4.5%, says IATA

The International Air Transport Association (IATA) announced international air traffic for October showing a second consecutive month of global decline. Latinamerica experienced 4.5% growth in passengers and a record drop in cargo, 11.4%.
Thursday, November 27th 2008 - 20:00 UTC
Cuba, Argentina, Peru, main Latam debtors of Paris Club

The Paris Club of creditor nations disclosed this week for the first time ever how much it is owed world wide, --330 billion US dollars--, with Cuba, Argentina and Peru top of the list in Latinamerica.