Stories for September 2009

Monday, September 7th 2009 - 14:06 UTC
Argentine next-of-kin preparing for trip to open Darwin cemetery Memorial

Over 300 relatives from Argentines combatants killed in 1982 during the Falkland Islands conflict are preparing for the trip for the official inauguration of the Memorial at the Argentine cemetery in Darwin, according to Cesar Trejo member of the Malvinas Families Commission.
Sunday, September 6th 2009 - 18:33 UTC
G20 vow to keep spending high

The Group of 20 finance ministers have pledged to maintain stimulus measures such as extra government spending and low interest rates to boost the global economy.
Saturday, September 5th 2009 - 13:17 UTC
Argentine farmers end eight day boycott promising to “keep fighting”

Argentine farmers marked on Friday the end of an eight-day sales boycott with rallies and marches promising to “keep fighting” in support of aid for peers suffering from the worst drought in decades and to eliminate the current export tariffs system which distorts production and threatens several crops.
Saturday, September 5th 2009 - 13:11 UTC
Conservative presidential candidate remains clearly ahead in opinion polls

The latest Centre of Public Studies (CEP) poll, released Thursday, shows Chilean presidential candidate Sebastián Piñera of the conservative Alianza coalition maintains a nine-point lead over Senator Eduardo Frei in a hypothetical first-round presidential election.
Saturday, September 5th 2009 - 13:06 UTC
Leading economist Roubini warns of “U shaped” or “W shaped” recovery

Leading economist Nouriel Roubini who predicted the global financial crisis said Friday in Italy that he expects a slow recovery for advanced economies, but emerging economies may experience a quicker more robust growth.
Saturday, September 5th 2009 - 06:32 UTC
Controversy over bankers’ bonuses at Finance minister summit in London

A cap on bonuses paid to London City bankers would be “enforceable” UK Chancellor of the Exchequer Alistair Darling warned on Friday. Proposals to curb excessive pay and bonuses are being pushed by European nations at the two-day meeting of Finance ministers from the G20 group of major economies being hosted by Mr. Darling in London.
Saturday, September 5th 2009 - 06:28 UTC
US unemployment at record 9.7%, but some signs job cuts are easing

United States job cuts in August reached 216,000 pushing the unemployment rate up to 9.7%, the highest since 1983, according to the Bureau of Labour Statistics. Since the start of the recession in December 2007, the US economy has shed 6.9 million jobs, the department said.
Saturday, September 5th 2009 - 06:14 UTC
PM Brown hints to earlier-than-expected withdrawal from Afghanistan

UK Prime Minister Gordon Brown paved the way for an earlier-than-expected withdrawal of British troops from Afghanistan as he called for training of Afghan forces to be accelerated.
Saturday, September 5th 2009 - 06:09 UTC
Bank of England expands quantitative easing by £ 50 billion to £ 175 billion

The Bank of England on Friday held interest rates at 0.5% as expected, but expanded its quantitative easing program by £50 billion to £175 billion. In a letter to the chancellor Alistair Darling, Bank of England governor Mervyn King said the move was essential to meet the central bank’s long term inflation target of 2% or 1% either side.
Saturday, September 5th 2009 - 06:03 UTC
Brazil’s begins process for the construction of a 510 kilometres “bullet train”

The Brazilian government officially established this week a maximum timetable of six years for the construction of the high speed train, HST, planned to link the country’s main populated corridor which includes, Sao Paulo, Campinas and Rio do Janerio.