Stories for August 11th 2009

Tuesday, August 11th 2009 - 12:13 UTC
Repsol denies Chinese 17 billion USD offer for YPF

Spain’s largest oil producer Repsol-YPF denied receiving an offer for its Argentine YPF unit following a report that Chinese companies had proposed buying its stake.
Tuesday, August 11th 2009 - 12:10 UTC
The Kirchner couple wants football TV transmission to be free

Argentina’s cabinet Chief Aníbal Fernández said football transmission should be free because it is not only a national passion but an industry that generates many jobs and activity.
Tuesday, August 11th 2009 - 11:25 UTC
Correa promises “gigantic struggle” to deepen Socialist revolution

Ecuadorean President Rafael Correa was sworn in for a second term on Monday vowing to deepen his socialist “revolution”. Announcing his vision for a new term, Correa said he sought to fight inequality and invest in projects to help the poor, improve education and improve the lives of long-neglected Andean indigenous groups.
Tuesday, August 11th 2009 - 11:20 UTC
Obama calls “hypocrites” those who demand US direct action in Honduras

United States President Barack Obama said it was hypocritical for critics of Washington's response to a coup against Honduran President Manuel Zelaya to demand a more forceful US role in returning him to power.
Tuesday, August 11th 2009 - 11:16 UTC
Fidel Castro calls Colombia “disloyal” and warns about war

Former Cuban president Fidel Castro called Colombia “disloyal,” claiming the pending military deal between the United States and Colombia could be used to attack other Latinamerican countries.
Tuesday, August 11th 2009 - 11:10 UTC
Oxford University warns against Tamiflu drug for children

Children should not be given the anti-viral drug Tamiflu to combat swine flu, Oxford University researchers have said. They urged the United Kingdom Department of Health to urgently rethink its policy on giving the drugs to youngsters affected by the current flu pandemic.
Tuesday, August 11th 2009 - 11:05 UTC
Big Government and how Great Depression II was averted, by Paul Krugman

Under the title of “Averting the worst” Nobel Prize Paul Krugman praised “Big Government” for having saved the United States (and the world) from a second Great Depression
Tuesday, August 11th 2009 - 11:03 UTC
Chilean dairy farmers request protection from Uruguay/Argentine exports

Chilean dairy farmers and the country’s main agriculture organization, SNA, are demanding safeguards against the import of powder milk and Gouda cheese from Uruguay and Argentina arguing “disloyal competition”.
Tuesday, August 11th 2009 - 10:58 UTC
Unasur divided on Colombia/US troops issue; next summit in Argentina

Leaders from the Union of South American Nations, Unasur meeting in a regional summit in Ecuador expressed fresh concerns over Colombian plans to grant US troops access to its military bases but could not agree on a declaration to formally condemn the proposals.