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Montevideo, November 21st 2024 - 21:06 UTC

Stories for May 30th 2009

  • Sunday, May 31st 2009 - 00:21 UTC

    Big Ben rings in its 150th anniversary on Sunday

    Defiantly low-tech yet accurate to the second, Big Ben is having its 150th birthday Sunday, its Victorian chimes carrying the sound of Britain into the 21st century.

  • Saturday, May 30th 2009 - 16:15 UTC

    World: Climate change 'killing thousands'

    Annan says that around 300,000 people die each year from disasters related to climate change.

    Climate change is killing about 315,000 people a year through hunger, sickness and weather disasters, according to a new report. The report, commissioned by the Geneva-based Global Humanitarian Forum (GHF) and released on Friday, said the the annual death toll is expected to rise to half a million by 2030.

  • Saturday, May 30th 2009 - 16:02 UTC

    Chilean economic crisis freezes construction of 100 buildings

    More properties being completed that starting up in booming Santiago

    New apartment building construction in Santiago de Chile is down by 14.6% since October 2008, according to the latest figures from real estate agency Collect GFK.
    Last fall there were 560 housing projects underway, but as of April that number is down to 461, including 166 projects on hold.

  • Saturday, May 30th 2009 - 15:56 UTC

    Construction in Argentina falls 3% in April and 2.7% in four months

    One of the main Argentine industries has been loosing jobs for the last nine months.

    Construction in Argentina fell 3% in April year-on-year, accumulating a 2.7% decline since the start of the year, the INDEC statistics' bureau reported. Nevertheless, construction activity grew 3.6% from the previous month, according to the agency, which was partly explained by seasonal effects.

  • Saturday, May 30th 2009 - 15:43 UTC

    UK reaffirms Falklands’ sovereignty on postage stamps issue

    Argentina objects to stamps issued by South Atlantic Islands

    Britain stands by its decision to issue postage stamps from the disputed territories of and around the Falkland Islands, according to a letter to the UN secretary-general made public at the United Nations Headquarters in New York this week.

  • Saturday, May 30th 2009 - 15:35 UTC

    Mixed signals from the US economy: decline softening

    Consumers’ confidence in the US rose to its highest since September

    The US economy shrank at an annual pace of 5.7% in the first quarter, a less severe drop than initially reported but still the second-biggest quarterly decline in 27 years, according to the US Commerce Department.

  • Saturday, May 30th 2009 - 15:35 UTC

    Barcelona-Gibraltar flights delayed by a month

    Busy air traffic with Madrid on weekends, not so the rest of the week.

    Aerolineas Ándalus will delay the launch of flights between British Overseas Territory Gibraltar and Barcelona, Spain by at least a month because of low demand. The company began selling tickets several weeks ago but few people were buying, reports the Gibraltar Chronicle.

  • Saturday, May 30th 2009 - 15:29 UTC

    Euro zone with zero inflation and growing fears of deflation

    ECB Trichet faces the challenge of “negative inflation” for several months

    The Euro zone annual inflation rate in the 16-country region fell to 0% in May from April’s 0.6%, according to Euro-stat. Economists said inflation would turn negative in June, --deflation—further complicating the task of the European Central Bank as it attempts to combat the worst economic downturn for half a century.

  • Saturday, May 30th 2009 - 15:22 UTC

    Brazil’s Real at it highest in 8 months; Bovespa up 40% so far this year

    Investors return as the Brazilian economy seems to be turning the corner

    The Brazilian currency reached its highest level in eight months on Friday as signs that the world economy is bouncing back and there’s a return of capital inflows to emerging markets. Similarly the Bovespa market index rose 12% in May totaling 40% since the beginning of the year.

  • Saturday, May 30th 2009 - 15:16 UTC

    OAS can’t agree on Cuba, while Havana ridicules the organization

    “OAS is a political corpse and should be buried as soon as possible”, says Cuba

    The task force created by the Organization of American States, OAS, in an attempt to bridge different members’ proposals to consider the readmission of Cuba seems to have stalled with the main actors clearly underlining their stance.

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