Stories for 2008

Tuesday, November 11th 2008 - 20:00 UTC
Financial summit is “a promising start” says Lula da Silva

Brazilian President Lula da Silva said on Tuesday in Italy he did not expect major results from the meeting of 20 nations in Washington to discuss the global financial crisis on November 15, but “it's a promising start”.
Tuesday, November 11th 2008 - 20:00 UTC
Oil below 60 US dollars; OPEC ponders further cuts

While the price of crude oil for future delivery declined below 60 US dollars a barrel, OPEC sources on Tuesday said that the cartel will again consider cutting production when it meets next month in Algiers.
Tuesday, November 11th 2008 - 20:00 UTC
Uruguay Argentina preparing for another confrontation round

Uruguay and Argentina seem head on for another confrontation. Uruguay ratified it is considering the unilateral dredging of one of the two main River Plate channels it shares with Argentina to ensure the viability of huge projects which need navigational capacity for their production.
Tuesday, November 11th 2008 - 20:00 UTC
Cooling of China's imports concerns trade partners

China's trade surplus rose to 35.2 billion US dollars in October, hitting a record for a third month in a row, data shows. The surplus rose 20% from September's 29.36 billion high, according to data from the Customs Department in Beijing.
Monday, November 10th 2008 - 20:00 UTC
Venezuela and Russia strengthen links in mining and finance

Russia and Venezuela have signed 15 co-operative agreements in the financial, industrial, mining, aerospace, energy and communications, which include a joint venture with Russian aluminium giant RusAl building a production facility in Venezuela.
Monday, November 10th 2008 - 20:00 UTC
UN 20 peacekeeping missions and 110.000 personnel overwhelmed

The bitter reality of conflicts in many countries dwarfs the ability of United Nations peacekeeping efforts to halt warring factions and maintain security despite their best intentions, said General Assembly President Miguel D'Escoto.
Monday, November 10th 2008 - 20:00 UTC
Argentina's prospects for 2009: flat growth and 20% inflation

The Argentine economy is forecasted to experience in 2009 almost flat growth, inflation above 20%, unemployment closing on two digits and the US dollar in the range of 3.8 to 4 pesos according to the opinion of several economists.
Monday, November 10th 2008 - 20:00 UTC
Falklands' Constitution: Argentine fury in Gibraltar press

Britain has irritated Argentina by announcing a new constitution that shares more powers with the people of the Falkland Islands and enshrines the right to self-determination. This comes just two years after Gibraltar approved a new Constitution negotiated with UK, reports the Gibraltar Chronicle which is closely following events.
Monday, November 10th 2008 - 20:00 UTC
South Chile reviews peat potential as alternative energy

Magallanes and Los Lagos regions in the extreme south of Chile are looking into the possibilities of developing vast resources of peat in the area. Magallanes has an estimated 2.2 million hectares of peat and peaty soil which is equivalent to 17% of that territory.
Monday, November 10th 2008 - 20:00 UTC
Plan Colombia short of narcotics goal, but boosted security

The five billion dollars US aid package known as the Plan Colombia failed to halve illegal narcotics production in Colombia, according to a report from the US Congress General Accounting Office, GAO.