Stories for June 4th 2009

Friday, June 5th 2009 - 05:36 UTC
Money remittances by Mexicans plunged 18% in April

Money sent home by Mexicans living abroad plunged in April by more than 18% compared to the same period last year, the biggest monthly fall on record, the central bank said this week.
Friday, June 5th 2009 - 05:29 UTC
US not contemplating the end of the embargo on Cuba

The United States government said it was satisfied with the resolution which revoked OAS sanctions on Cuba, but warned that it’s “not contemplating” for the moment talking about an end on the half century embargo on the Havana regime.
Friday, June 5th 2009 - 05:05 UTC
OAS decision a “great victory”, but Cuba will not return

Cuban National Assembly president Ricardo Alarcón said on Thursday that the decision of the Organization of American States (OAS) to lift Cuba's exclusion is a “great victory” for Latinamerica and the island, although he reiterated that the Castro regime will not return to the institution.
Friday, June 5th 2009 - 04:34 UTC
Paraguay meat exports down 25% in first five months of 2009

Paraguay meat exports totaled 245 million US dollars in the first five months of the year, which represents a 25% decline compared to the same period a year ago (328 million US dollars), according to the latest official reports.
Friday, June 5th 2009 - 04:32 UTC
Auto sales in Brazil rose 5.4% in May from April

Automobile sales in Brazil rose 5.4% in May from April, rebounding after a sharp decline the previous month, the national automakers' association Anfavea said on Thursday
Friday, June 5th 2009 - 04:15 UTC
New York City remains the safest city in United States, according to FBI

New York Mayor Michael R. Bloomberg and Police Commissioner Raymond W. Kelly announced that New York City remains the safest big city in the United States, according to the FBI’s Crime in the United States, the preliminary Uniform Crime Report for 2008.
Thursday, June 4th 2009 - 16:46 UTC
Air France crash: Brazil navy arrives in ocean zone

Search crews flying over the Atlantic have found debris from the crashed Air France jet spread over more than 90km of ocean. Brazilian Defence Minister Nelson Jobim said the existence of large fuel stains in the water could rule out an explosion.
Thursday, June 4th 2009 - 16:12 UTC
Bernanke warns about financial stability; opens debate on inflation and rates

United States Federal Reserve chairman Ben Bernanke warned Wednesday that the US spending spree now threatens the country's financial stability, amid growing questions over whether governments and central banks around the world have gone too far.
Thursday, June 4th 2009 - 16:07 UTC
Calls for a “Global Jobs Pact” to combat employment recovery lag

Warning of a possible six to eight year employment and social protection crisis due to the economic downturn, International Labour Organization (ILO) Director- General Juan Somavia called Wednesday on delegates to the 98th International Labour Conference to adopt a “Global Jobs Pact.”
Thursday, June 4th 2009 - 16:03 UTC
Growing pressure on PM Brown to step down; Labour in turmoil

Britain’s Gordon Brown's authority as Prime Minister has been dealt a severe blow as Communities Secretary Hazel Blears quit the Cabinet on the eve of Thursday crucial European and local elections.