Stories for April 2009

Monday, April 6th 2009 - 09:00 UTC
Brazil prepared to support IMF with 10 billion USD

Brazil is prepared to support the International Monetary Fund, IMF, with ten billion US dollars, --5% of its international reserves--, with the purpose of boosting its position in the multilateral financial organizations, --votes and veto power--, in the framework of what was decided last week at the G20 summit in London.
Monday, April 6th 2009 - 08:52 UTC
Russia and Chile committed to boost trade and defence cooperation

Russian President Dmitri Medvedev and visiting Chilean counterpart Michelle Bachelet said during a meeting at the Kremlin that they were committed to bolster their countries bilateral ties in different areas, including trade and defence cooperation. Both leaders signed a joint declaration and two cooperation accords in culture and defence.
Monday, April 6th 2009 - 08:30 UTC
Recession “worse than predicted” admits UK Chancellor Darling

British Chancellor Alistair Darling admitted that he failed to foresee the severity of the recession and warned recovery was unlikely before the end of the year. He also warned that the deal struck by PM Gordon Brown and other world leaders at London's G20 summit last week would only be effective if countries stuck to their promises.
Sunday, April 5th 2009 - 06:29 UTC
Gibraltar converting from off-shore haven to regulated on shore finance centre

The Gibraltar Government hopes to sign at least 12 tax agreements with countries belonging to the Organisation for Economic Cooperation and Development [OECD] by November this year. Completing that number of information exchange agreements would allow Gibraltar to enter the top category of countries regarded by the OECD as those which substantially meet international tax standards, reports the Gibraltar Chronicle.
Sunday, April 5th 2009 - 06:26 UTC
Colombia demobilization plan working: 773 guerrillas in three months

Colombian guerrillas are turning in by the hundreds according to the latest report from the government. In March 237 guerrillas demobilized and turned in their weapons taking the total for the first quarter of the year to 773.
Sunday, April 5th 2009 - 06:20 UTC
In Brazilian school books Columbus arrived in America in 1942

Christopher Columbus must be having nightmares: according to the Brazilian state of Sao Paulo latest edition of public school books, the Genoa navigator arrived to America in 1942, that is 67 years ago and not in 1492.
Sunday, April 5th 2009 - 06:17 UTC
Argentina-Chile to jointly promote Patagonia tourism

El Calafate in Argentina’s Santa Cruz province will be hosting the second Argentina-Chile Patagonia Tourism operators meeting scheduled for mid April and which is expected to convene over 200 experts. The first event was held in Chile’s Magallanes region.
Sunday, April 5th 2009 - 06:14 UTC
Antarctica ice shelves melting faster than estimated

Antarctica's ice shelves are melting more rapidly than previously known because of climate change, according to a new US Geological Survey report prepared in close collaboration with the British Antarctic Survey, the Scott Polar Research Institute and Germany's Bundesamt fűr Kartographie und Geodäsie.
Saturday, April 4th 2009 - 11:06 UTC
Lula da Silva proud to lend money to the IMF

President Lula da Silva said he wants to be the first Brazilian leader whose administration will lend money to the International Monetary Fund. His comments were done following the G20 summit when it was agreed to supply the IMF with additional funding to the tune of 750 billion US dollars.
Saturday, April 4th 2009 - 11:04 UTC
Uruguay’s March inflation, 0.77% and 1.29% in first quarter

Uruguay’s consumer inflation climbed 0.77% in March according to the release from the country’s Statistics Office. In the first quarter of 2009, retail prices have risen 1.29% and 7.53% in the last twelve months.