Stories for March 2009

Thursday, March 26th 2009 - 18:05 UTC
LAN promises Magallanes Region best possible fares and conditions

Chile’s flag carrier LAN is committed to keep Magallanes region connected with the rest of Chilean regions said LAN National Routes manager Vlamir Domic during this week’s visit to Punta Arenas.
Thursday, March 26th 2009 - 17:58 UTC
UN underlines HIV-tuberculosis link

The head of the United Nations agency charged with coordinating the fight against HIV/AIDS is in Brazil this week promoting awareness of the link between the epidemic and tuberculosis and the necessity to address discrimination in the South American country’s response to HIV.
Thursday, March 26th 2009 - 17:54 UTC
Obama defends dollar and “extraordinary strong” US economy

Calls from China and other emerging economies for the creation of a new global currency to replace the US dollar are unnecessary because confidence in the dollar is “extraordinarily strong” said US president Barack Obama.
Thursday, March 26th 2009 - 17:50 UTC
PM Brown and Vice-president Biden at governance conference in Chile

United States Vice-President Joseph Biden will be among the international leaders and economic experts gathering this weekend in Chile for the annual Progressive Governance Conference.
Thursday, March 26th 2009 - 17:46 UTC
Chilean Navy clearing mine fields in Cape Horn area

The Chilean Navy has been working for over a month and a half in the clearing of a mine field in Cape Horn, extreme south of Chile, “the first to be addressed in compliance with the Ottawa Treaty of which Chile is a signatory”, reports La Prensa Austral from Punta Arenas.
Thursday, March 26th 2009 - 17:31 UTC
Little relief for Japan: exports plummet 50% in February

Japanese Finance Ministry officials said the nation's exports saw a nearly 50% decline in February from the previous year, the country's sharpest slide in more than two decades.
Thursday, March 26th 2009 - 17:30 UTC
Bank of England questions “further spending” and deficits

Mervyn King, the governor of the Bank of England, has cautioned against further significant government spending to stimulate the economy. Given the high levels of UK debt as a result of recent stimulus packages, Mr King questioned the wisdom of increasing debt by spending more.
Thursday, March 26th 2009 - 17:22 UTC
“Absolutely legitimate” to discuss a new world currency

International Monetary Fund Managing Director Dominique Strauss-Kahn said on Wednesday a discussion over China’s call for a new world currency is “absolutely legitimate” and is likely to take place in the coming months.
Thursday, March 26th 2009 - 17:20 UTC
IMF predicts recession for Latinamerica in 2009

Latinamerica’s economy will enter in recession this year as the average of the rest of the world economy IMF director for the Western Hemisphere Nicolas Eyzaguirre said on Wednesday.
Thursday, March 26th 2009 - 10:38 UTC
PM Brown on world tour to prop support for G-20 consensus

United Kingdom Prime Minister Gordon Brown has urged world leaders at next week's G20 summit to “take action” to reform the global banking system. The London summit must ensure “strong growth and recovery, and particularly jobs in the world economy”, he said.