Stories for September 2009

Wednesday, September 16th 2009 - 07:48 UTC
Britain could be forced to bail out offshore tax havens

Britain could be forced to bail out one or more of its offshore tax havens at huge cost, according to early drafts of a Treasury report, because the economic crisis has wrecked their finances, according to The Guardian from London.
Wednesday, September 16th 2009 - 07:32 UTC
Gibraltar promotes cruise tourism at the Seatrade Europe Conference

The Gibraltar Port Authority is participating in the Seatrade Europe Conference and Exhibition, recognised as Europe’s leading meeting place for the cruise, ferry, river-cruise and super-yacht industries.
Wednesday, September 16th 2009 - 07:23 UTC
US taxman corners evaders hiding in foreign holdings

Rich Americans who have evaded taxes by hiding their foreign holdings have about a week to decide whether to turn in to an Internal Revenue Service amnesty program or gamble that they will not be caught.
Wednesday, September 16th 2009 - 06:59 UTC
Britain, Spain and the sleeping giant Latin America

UK Foreign Office Minister, Chris Bryant, addressed the Latin American Forum at Casa de America in Madrid on 14 September.
Wednesday, September 16th 2009 - 06:51 UTC
HMS Endurance to be replaced; crew could face disciplinary action

British sailors could face court-martial action over HMS Endurance's near-sinking in the South Atlantic, reveals The Newscan. Royal Navy chiefs are carrying out a disciplinary probe after finishing an inquiry into the accident off Chile.
Tuesday, September 15th 2009 - 12:02 UTC
Bolivia invites Spanish companies to invest “as partners not as bosses”

Bolivian President Evo Morales said companies that respect the law and don’t “conspire” against the government are welcome in his country. Bolivia needs investors and partners rather than “bosses,” Morales told a conference of business leaders and politicians in Madrid.
Tuesday, September 15th 2009 - 12:00 UTC
Obama warns Wall Street bankers on anniversary of Lehman collapse

US President Barack Obama has warned bankers against complacency, saying that some in the industry are ignoring the lessons of the financial crisis. “We will not go back to the days of reckless behaviour and unchecked excess at the heart of this crisis,” he said.
Tuesday, September 15th 2009 - 11:57 UTC
US extends trade embargo on Cuba for another year

Despite vowing a new beginning in the US-Cuba relations, President Barack Obama has decided to extend the 47-year-long US trade embargo on Cuba for another year.
Tuesday, September 15th 2009 - 11:53 UTC
Signs of EU fragile recovery but job losses set to peak in coming quarters

European Union (EU) governments should be braced for more job losses, officials in Brussels said Monday as they published forecasts pointing to a slow recovery in the 27-member bloc. Unemployment in the Euro-zone reached 9% in the second quarter and could reach 10% in the coming quarters.
Tuesday, September 15th 2009 - 09:49 UTC
Argentina accuses Uruguay of “irreversible damage” to the ecosystem

Argentina told the International Court of Justice Monday that Uruguayan pollution of a border river was a grave infringement of Argentinean rights. Argentina and Uruguay have been wrangling for years over a giant pulp mill sited on the Uruguay River, which divides the two South American nations.