Stories for 2008

Sunday, November 9th 2008 - 20:00 UTC
Hard-line Kirchner political official takes over Fisheries

Argentina's Fisheries Under Secretary Geardo Nieto resigned after five years in the post and this week he will be replaced by Norberto Yahuar another close associate of former president Nestor Kirchner, according to Buenos Aires press reports.
Sunday, November 9th 2008 - 20:00 UTC
UK-Argentina row Falklands' constitution in Gib 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.
Saturday, November 8th 2008 - 20:00 UTC
APEC says risks have shifted to global economic activity

Finance ministers from the Asia-Pacific Economic Cooperation (APEC) grouping pledged to instrument reforms as economies in the region seek to mitigate the impact of global economic crisis.
Saturday, November 8th 2008 - 20:00 UTC
US unemployment in Oct. 6.5%; peak since 1994 and climbing

Unemployment in the United States during October rose to 6.5%, totalling 10 million jobless and the highest rate since March 1994, according to the latest release from the US Labour Department.
Saturday, November 8th 2008 - 20:00 UTC
EU leaders reach common position for Washington summit

The summit of European Union leaders in Brussels on Friday reached a common position on reforming the world financial system, announced French President Nicolas Sarkozy. EU countries agreed on “the need to take firm and ambitious operational decisions at the Washington summit” on 15 November, Mr Sarkozy told reporters
Saturday, November 8th 2008 - 20:00 UTC
Obama pledges to confront crisis “head on”, but no specifics

US president-elect Barack Obama, vowed on Friday to confront the current economic crisis “head on” in his first news conference since his victory in Tuesday's election.
Saturday, November 8th 2008 - 20:00 UTC
Brazil admits pre-salt oil deposits could hold 80 billion barrels

Brazil's pre-salt oil reserves already under concession could reach as much as 80 billion barrels of oil equivalent, said the head of Brazil's National Petroleum Agency (ANP), Haroldo Lima, on Friday.
Saturday, November 8th 2008 - 20:00 UTC
Credit pinch reaches Brazil: inflation up, car sales down

Brazil's annual inflation rate rose to a three-year high in October as the currency's significant plunge against the US dollar pushed up costs, according to the latest release from the government's statistics and geography office.
Saturday, November 8th 2008 - 20:00 UTC
Jobless in Argentina down, but unions think differently

Unemployment in Argentina dropped 0.2 points in the third quarter of this year and stood at 7.8%, President Cristina Fernández de Kirchner revealed this week during a visit to a factory in Buenos Aires province
Saturday, November 8th 2008 - 20:00 UTC
Economics Nobel Prize Stiglitz and the “next Bretton Woods”

The world is sinking into a major global slowdown, likely to be the worst in a quarter-century, perhaps since the Great Depression. This crisis was “made in America,” in more than one sense.