Stories for June 2009

Tuesday, June 2nd 2009 - 12:37 UTC
Argentine industrial union wants to block Venezuela from Mercosur

The powerful Argentine Industrial Union, UIA, has called on its Mercosur peers to impede Venezuela’s incorporation to Mercosur in reprisal for the nationalization spree launched by President Hugo Chavez.
Tuesday, June 2nd 2009 - 12:35 UTC
Brazilian public opinion split on Lula da Silva’s re-re-election

Brazilian public opinion is split almost equally on the re-election of President Lula da Silva for a second period, according to the latest poll published in Sao Paulo. Lula da Silva one of Brazil’s most popular leaders in decades has a support of 69% but a constitutional reform is needed if he is to run again in 2010.
Tuesday, June 2nd 2009 - 10:51 UTC
OAS Cuba’s sanctions could be lifted Tuesday in Honduras

The Organization of American States, OAS, secretary general Jose Miguel Insulza said he was optimistic that an agreement to lift the suspension on Cuba can be reached at the 39th general assembly which officially begins Tuesday in Honduras.
Tuesday, June 2nd 2009 - 10:43 UTC
Chrysler taken over by Fiat with US, Canada governments’ support

United States car group Chrysler has secured court approval for a consortium led by Italy's Fiat to take over its assets. The move, which is backed by both the US and Canadian governments, should enable Chrysler to exit bankruptcy protection in the near future.
Tuesday, June 2nd 2009 - 10:40 UTC
Cisco and Travelers to replace Citi and GM in Dow Jones average

Shock waves of the financial crisis and its impact on the real economy have reached the United States Dow Jones Industrial Average which announced Monday the replacing of two iconic shares from its thirty blue chips index, announced Dow Jones & Company.
Tuesday, June 2nd 2009 - 10:35 UTC
Next July Chile begins to cut its Argentine natural gas dependency

After years of import disruptions and domestic gas shortages, Chile’s energy industry is now eagerly awaiting the arrival of the first liquefied natural gas (LNG) shipment to the country’s new LNG terminal, located in the city of Quintero (Region V).
Tuesday, June 2nd 2009 - 10:25 UTC
Patagonia will have the world’s most important wind power park

Spanish energy company Grupo Guascor will build a 2.4 billion US dollars wind power park in Argentine Patagonia, which could be the largest in the world said on Monday Jose Grajales president of the corporation
Tuesday, June 2nd 2009 - 10:24 UTC
New Salvador president praises Obama and re-establishes relations with Cuba

A left-wing former television journalist, Mauricio Funes, was sworn-in Monday as president of El Salvador. President Funes heads the FMLN, the former Marxist rebels who fought a 12-year civil war against US-backed governments until 1992.
Tuesday, June 2nd 2009 - 04:39 UTC
China and U.S. seal economic and financial “partnership”

In his first official visit to China since becoming Treasury Secretary, Mr Geithner told politicians and academics in Beijing that he still supports a strong US dollar, and insisted that the trillions of dollars of Chinese investments would not be unduly damaged by the economic crisis.
Tuesday, June 2nd 2009 - 04:33 UTC
Labour with 18% support trail Tories by 22 points, says poll

Support for the Britain’s ruling Labour party has plunged by 10 points in the past month and the party now trails the Tories by 22% and is running neck and neck with the Liberal Democrats, according to a new poll.